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New Business - Real Estate

Title: RE1 New Suncoast High School

Recommendation:

I recommend the School Board approve the Real Estate Sale and Purchase Contract for acquisition of an improved property containing 10,000 sf, more or less, located at 1687 West 18th Street, Riviera Beach which property is adjacent to the John F. Kennedy Middle School campus for the new Suncoast High 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 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 Modernization of John F. Kennedy Middle School and the relocation of Suncoast High School requires the acquisition of an additional + 30 acres. See Exhibit “A”.

 

  • The School District has already acquired + 10.85 of the 30 acres.

 

  • The Contract price for the improved property is $240,000.00.  The appraised value of the property is $209,000.00.

 

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

 

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

 

  • Demolition Costs: $15,000.00

Financial Impact:
The financial impact to the Project’s Budget is $255,000.00.

For Additional Information, contact:

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

Joseph M. Sanches

Attachments (list):
RE1 New Suncoast High School Checklist 031506.pdf
RE1 Resolution Board Report 031506.pdf
RE1 Exhibit A.pdf
RE1 Exhibit A1.pdf

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