Title: RE-3 New Suncoast High School

Recommendation:

I recommend the School Board approve the Real Estate Sale and Purchase contract for the 1.79 acre site, more or less, located at Congress Avenue and 13^th Street, Riviera Beach, to the True Faith Church of God and Christ, Inc.; and authorize the Superintendent and the Chairman to sign all necessary documents.

Description:

·        The School Board approved 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 Suncoast High School (02-MMM) is included in the Five Year Capital Plan.

·        The Modernization of John F. Kennedy Middle School and the relocation of Suncoast High School require the acquisition of an additional + 32.81 acres (See Exhibit “A”).

·        The School District has already acquired +14.10 of the adjusted + 32.81 acres needed.

·        The True Faith Church of God and Christ, approximately 1 acre, is presently located in the middle of the planned new Suncoast High School.

·        This Church is presently named in the new Suncoast Eminent Domain Resolution.

·        The School District has offered to purchase the Church for $905,000.00.  The averaged appraised value of the Church is $852,500.00.

·        The Sale of the 1.79 acre site, more or less, for $500,000.00 is part of the negotiations to acquire the 1 acre church site.

·        The 1.79 acre site also provides a much needed new location for the church and daycare.

·        The Contract price for the sale of the property is $500,000.00, the same amount the School District paid to acquire the 1.79 acre site.

·        Pursuant to Section 270.11, Florida Statutes, the Board has elected not to reserve any phosphate, minerals, metals or petroleum interests in the subject property.

Financial Impact:
The financial impact  is a positive $500,000.00 that will be credited against the amount the School District will compensate True Faith Church for their 1 acre parcel.

For Additional Information, contact:

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

Joseph M. Sanches

Attachments (list):
Checklist.pdf
Exhibit A.pdf