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A RESOLUTION APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A CONTRACT FOR SALE AND PURCHASE BETWEEN LAURENCE D. LOCKER AND THE CITY OF POMPANO BEACH FOR THE PURCHASE OF PROPERTY LOCATED AT 1499 SW 36TH AVENUE; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $303,000.00)
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(Staff Contact: John Jurgle)
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Summary Explanation/Background:
This land purchase at 1499 SW 36th Avenue, Pompano Beach in the amount of $303,000 is for the purpose of building a southwest fire station. This new fire station will help to improve response times and decrease the risk to the public for loss of life and property.
Origin of request for this action: Fire Department
Fiscal impact and source of funding: $303,000 from General Fund Undesignated Fund Balance (Current uncommitted balance of approximately $2.5 million) with the attached budget adjustment.