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New Business - Real Estate

Title: RE4 New Riviera Beach Area High School

Recommendation:

I recommend the School Board approve the Real Estate Sale and Purchase Contract, the Addendum to Real Estate Sale and Purchase Contract, and the Post Closing Occupancy Agreement for acquisition of 3031 Avenue “I”, Riviera Beach consisting of 1.447 acres 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) would require the acquisition of an additional  +10 acres.  See Exhibit “A”. 
  • The Church has agreed to work with and accommodate the School District as long as their needs and the Community’s needs are met. 
  • The seller, Riviera Beach Community Chapel, is a strong and important part of the Riviera Beach Community.  The Church provides free day care and after school care for the single parents and needy families in this community.  Without the Church’s assistance many of the parents would not be able to work. 
  • This Community Church provides transportation for the sick, school supplies and clothing to those in need, food and financial help to the poor and spiritual and physical assistance to those that need help. 
  • It is of utmost importance to the Church and the Community that the Church remains in the neighborhood.
  • The Church has identified another property within the area to acquire.  
  • The Church will retain use of the existing property through a post Closing Agreement after the Real Estate closing, in order to provide continuous service to the neighborhood and to accommodate their relocation and construction, if needed, to a replacement facility.  The seller will deliver full possession of the property to the School Board on December 14, 2006. 
  • The averaged appraised value is $630,000.00. The purchase price is $800,000.00 (See Exhibit “B”). 
  • 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 properties due to the age of some of the structures located within this assemblage. 

 Demolition Coasts: $35,000.00.

Financial Impact:
The financial impact to the Project's Budget is $835,000.00.

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

Attachments (list):
RE4 Checklist.pdf
RE4 Exhibit A New Riviera Beach HS Jan 18 2006.pdf
RE4.Exhibit B New Riviera Beach HS Jan. 2006.pdf
RE4 Resolution.pdf

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