Title: RE-1 New Riviera Beach Area High School

Recommendation:

I recommend the School Board approve the Real Estate Sale and Purchase Contracts for acquisition of 3100 Avenue “J”, Units 4, 5, 6, 7, 8, 9, 10, and 11, 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) would require the acquisition of an additional +10 acres. See Exhibit “A”.

• These properties are eight (8) of twelve (12) condominium units totaling 1.1 acres, more or less.

• The appraised value of each unit is $105,000.00.

• The negotiated contracts range from $115,000.00-$125,000.00 per unit.

• The eight (8) contracts total a purchase price of $969,000.00

• Demolition Costs: $45,000.

Financial Impact:

The financial impact to the Capital Projects Fund Budget is: $1,014,000.00

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

Attachments (list):
RE-1 Exhibit A.JPG
RE-1 Resolution 3100 Ave J.pdf
RE-1 Checklist.pdf