Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Quitclaim Deed To Robert Fautz For The Sale Of A City Owned Vacant Commercial Lots, Parcel ID No. 514204010030 And No. 514204010031, As Surplus Property For $29,000.00, Said Lots Located On The West Side Of 2213 Sheridan Street.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
The Director of Real Estate has identified nine (9) City owned vacant lots for classification as surplus property to be sold "AS IS" with conveyance by Quit Claim Deed.
Parcel ID No. 514204010030 (Liberia 1-34 B Lot 4 N1/2 Blk 1) consists of a 40' x 30' vacant commercial lot located immediately west of 2213 Sheridan Street that was conveyed to the City during January 2000 as consideration for accrued property maintenance liens.
Parcel ID No. 514204010031 (Liberia 1-34 B Lot 4 S1/2 Less S 20 For Rd Blk 1) consists of a 40' x 53' vacant commercial lot located immediately west of 2213 Sheridan Street that was conveyed to the City during November 1999 as consideration for accrued property maintenance liens.
City Charter Section 13.01., Sale of City-owned real property, states in Section (a) that any property which the City proposes to sell or otherwise dispose of must be appraised by one (1) independent, qualified appraiser. However, property which is listed by the Broward County Property Appraiser as having a value of not more than twenty-five thousand dollars ($25.000.00) may be sold or disposed of without an appraisal. If the appraiser values the property in excess of two hundred fifty thousand dollars ($250,000.00), a second independent appraisal is required and if the two appraisals differ by more than 25%, a third independent appraisal is required.
Parcel ID No. 514204010030 and Parcel ID No. 514204010031 have BCPA 2014 market values of $16,810.00 and $10,210.00 respectively and therefore may b...
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