Title: RE-4 Berkshire Elementary

Recommendation:
I recommend the School Board approve the Real Estate Sale and Purchase Contract for acquisition of an improved property containing 13,990sf, more or less, West Palm Beach which property is adjacent to the Berkshire Elementary School campus as herein described; approve a resolution declaring structure(s) 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 FY 2006-2010 Five Year Plan includes the modernization of Berkshire Elementary School.

• The improved property located at 1135 High Road, West Palm Beach containing 13,990sf is adjacent to Berkshire Elementary School. (See Exhibit “A”)

• The Modernization with a classroom addition increases the school capacity to 964.

• The acquisition of this property will provide additional staff and visitor parking.

• The Contract price for the improved property is $220,000.00.  The appraised value of the property is $220,000.00.

• The Purchase price was negotiated with the owner as a willing seller.

Demolition Costs: $20,000.00

Financial Impact:
The financial impact to the Project’s Budget is $240,000.00.

For Additional Information, contact:

Joseph M. Moore (moorej@Mail.palmbeach.k12.fl.us)

Joseph M. Sanches

Attachments (list):
RE-4 Berkshire Elementary Exhibit A.pdf
RE-4 Resolution.pdf
RE-4 Checklist.pdf