FISCAL IMPACT: Non-budgeted City staff is diligent in following the administrative code process in conveying these properties according to Chapter 2 Article IV. 2-56 of the City of Boynton Beach Code of Ordinance, which reads as follows:
(c) Real property. Real property may be sold in the manner recommended by the City Manager and determined by the City Commission to be in the best interest of the city. With regard to the sale of any real estate owned by the city which has an appraised value exceeding $100,000.00 as determined by the most recent valuation of the Palm Beach County Property Appraiser, no such sale shall be conducted or consummated until such time as subject property has been appraised by a disinterested qualified appraiser to be designated by the city commission for the purpose of establishing a fair market value thereon. The sale of real property for less than the fair market value shall require the approval by a vote of four-fifths (4/5) of the City Commission.
(d) The foregoing provision for sale of real property do not apply to real property located within the city's community redevelopment area if the property was acquired by the city for the purposes of community redevelopment or if the sale of the property will facilitate redevelopment consistent with the CRA plan; or if the sale of the property will facilitate restoration of a property which the City Commission deems to be historic, even in those cases where historic designation by the State of Florida, Palm Beach County, or pursuant to a federal historic designation program has not occurred or is pending.
Parcel affected by this transaction are as follows:
Property Control Number Acquired Amount 2016 Tax Assessment
08-43-45-21-33-000-0070 Jan/2016 County Deed $12,613