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New Business - Real Estate

Title: RE1- New Riviera Beach Area High School

Recommendation:

I recommend the School Board approve the Real Estate Sale and Purchase Contract for acquisition of an improved parcel of land containing 0.19 acres, more or less, located at 3228 Avenue “J”, Riviera Beach which property is adjacent to the Suncoast High School Campus, as herein described; approve a Resolution declaring structures located on the property to be acquired by the School Board to be unnecessary for educational purposes, surplus and without commercial value; and authorize the Superintendent and Chairman to sign all necessary documents.

Description:

  • The School Board approved the conceptual plan for the relocation of Suncoast High School and the construction of the New Riviera Beach Area High School (02-MMM) on the future expanded site of Suncoast High School.

 

  • The New Riviera Beach Area High School (02-MMM) is included in the Five Year Capital Plan.

 

  • The expansion of the existing Suncoast High School campus for the New Riviera Beach Area High School (02-MMM) requires the acquisition of an additional +10 acres. (2.6 + acres have already been acquired). See Exhibit “A”.

 

  • The contract price is $335,000.00 (PC# 56-43-42-29-24-000-0013).  The appraised value of the property is $273,000.00.

 

  • The property owner was an unwilling seller and engaged the services of an attorney.  Staff was able to negotiate an agreement with the owner’s attorney.

 

  • The agreement also includes an additional $7,500.00 for the seller’s attorney fees and other associated costs.

 

  • A Phase I Environmental Audit for the expansion area of which this property is a part thereof, has been completed.  The results do not show a need for a Phase II.

 

  • An Asbestos Analysis will be performed upon acquisition of the property due to the age of  the structure.

 

Demolition Costs: $18,000.00.

Financial Impact:
The financial impact to the Capital Projects Fund Budget is $360,500.00.

For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)
Joseph M. Sanches

Attachments (list):
RE1 Exhibit A - New Riviera Beach HS .pdf
RE1 - New Riviera Bch HS Resolution 041906.pdf
RE1 - New Riviera Bch HS Checklist 041906.pdf
RE1 Acquisition Tally New Riviera Beach HS.pdf
Q&ARE1.doc

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