Title
ORDINANCE NO. CRA-23O-08-105: AN ORDINANCE OF THE LAUDERHILL COMMUNITY REDEVELOPMENT AGENCY (CRA) APPROVING THE “AS IS” RESIDENTIAL CONTRACT FOR SALE AND PURCHASE BETWEEN THE CITY OF LAUDERHILL AND JALECIA K. MACK FOR THE PURCHASE OF THE PROPERTY LOCATED AT 5821 N.W. 28TH STREET, LAUDERHILL, FLORIDA AS LEGALLY DESCRIBED IN THE CONTRACT FOR THE PURCHASE PRICE OF $348,500.00; PROVIDING TERMS AND CONDITIONS; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY DOCUMENTS NECESSARY; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY EXECUTIVE DIRECTOR SEAN HENDERSON).
Body
Request Action:
Approve the purchase agreement for infill housing property located at 5821 N.W. 28 ST to be sold to Jalecia K. Mack to enable closing on the house so that interest rates do not increase further.
Need:
Approve the "As Is" Purchase Agreement for the CRA to sell the property to Jalecia K. Mack.
Summary Explanation/ Background:
The CRA Redevelopment Plan calls for infill house development and sales. This Contract for $348,500.00 was entered into for the sale/purchase of the Model B unit located at 5821 N.W. 28th Street.
Attachments:
"As Is" Residential Contract re: 5821 N.W. 28 ST - Jalecia K. Mack
Cost Summary/ Fiscal Impact:
Purchase Price of $348,500.00
Master Plan:
Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption
Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities
Goal 3: Open Spaces and Active Lifestyle for all ages
[ ] Increase participation in youth sports [ ] Add new park land and amenities
[ ] Increase attendance at cultural programs and classes
Goal 4: Growing Local Economy, Employment and Quality of Commercial Areas
[ ] Increase commercial tax base [ ] Increase employment in Lauderhill businesses
[ ] Decrease noxious and blighted uses in commercial areas
Goal 5: Quality Housing at all Price Ranges and Attractive Communities
[ ] Neighborhood signs and active HOAs [ ] Housing & streets improved, litter reduced
[ ] Increase proportion of single family homes and owner occupied housing
Goal 6: Efficient and Effective City Government, Customer Focused & Values Diversity
[ ] Improves City efficiency [ ] Increase use of Information Technology
[ ] Increases residents perception of Lauderhill as an excellent place to live