Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute Quitclaim Deeds For The Sale Of City-Owned Timeshare Interests Known As Unit 20, Weeks 31 And 32, In The Resort Facility Of Hollywood Sands Resort, Parcel Id No. 514212CJ9998, Said Property Located At 2404 North Surf Road, And Condominium Parcel 306, Unit Week 12, In The Resort Facility Of Hollywood Beach Hotel And Towers, Parcel Id No. 514213BD0130, Said Property Located At 301 Harrison Street, Subject To Approval By The Electorate At A Referendum To Be Held On March 12, 2019; And Providing For An Effective Date.
Body
Staff Recommends: Approval of attached Resolution.
Explanation:
The City owns Timeshare Interests in two separate beachfront resort facilities. The first Timeshare Interest is Unit 20, weeks 31 and 32, in the resort facility of Hollywood Sands Resort, Parcel ID No. 514212CJ9998, located at 2404 North Surf Road.
The second Timeshare Interest is Condominium Parcel 306, Unit Week 12, in the resort facility of Hollywood Beach Hotel and Towers, Parcel ID No. 514213BD0130, located at 301 Harrison Street.
Collectively, these timeshare interests are referred to as the "Units". This item seeks approval to place an item on the March 12, 2019 referendum that will seek approval of the electorate to sell/convey/dispose of the Units, in accordance with the City Charter. The proposed ballot language is attached in Exhibits A, B and C.
City Charter Section 13.01, Sale of City-Owned Real Property, states in Section (c) that any real property which is beach or beachfront which the City proposes to sell or to otherwise dispose of, must be approved by a majority vote of the City's electors voting on such proposal.
The City Charter further states that any property which the city proposes to sell or otherwise dispose of must be appraised. However, property which is listed by the Broward County Property Appraiser...
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