Title
RESOLUTION NO. 25R-06-104: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL APPROVING A REVISED CONTRACT FOR SALE AND PURCHASE BETWEEN THE CITY OF LAUDERHILL AND FLORIDA PUBLIC UTILITIES COMPANY AND A LEASEBACK AGREEMENT ATTACHED HERETO AS EXHIBIT “A”, IN SUBSTANTIALLY THE SAME FORM TO EXPAND THE WATER FACILITIES OF THE CITY OF LAUDERHILL; AUTHORIZING THE INTERIM CITY MANAGER AND INTERIM CITY ATTORNEY TO TAKE ALL NECESSARY ACTION TO EFFECTUATE THIS RESOLUTION; AND PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER KENNIE HOBBS, JR.).
Body
Request Action:
To approve the resolution approving the revised Contract for Sale and Purchase and a Leaseback Agreement for the Property located at 2001 NW 49th Avenue, Lauderhill, Florida
Need Summary Explanation/ Background:
The subject property is located adjacent to our Water Treatment Plant, located at 2001 NW 49th Avenue and has been used with the owner’s consent to support water facility services. There are several reasons why we believe it is essential to acquire this property. Firstly, the current above-ground propane gas storage poses a potential risk to our plant operations in the event of an accident. Florida Public Utilities has informed us that they have secured a replacement property within the city, which means that this property will no longer be needed for their services. Secondly, the property is located in a strategic location that will allow us to expand our water treatment capacity and meet the growing demand for water in our community. This expansion will help us ensure that our water supply remains reliable and safe for our residents.
Cost Summary/ Fiscal Impact:
$1,800,000.00
Attachments:
Three (3)
Budget Code Number(s): __________________________________
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] ...
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