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A RESOLUTION APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A CONTRACT FOR SALE AND PURCHASE BETWEEN PALM AIRE ASSOCIATES LIMITED PARTNERSHIP AND THE CITY OF POMPANO BEACH FOR THE PURCHASE OF PROPERTY LOCATED AT PALM AIRE LAKES; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $765,000.00)
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(Staff Contact: Greg Harrison)
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Summary Explanation/Background:
Please refer to February 2, 2017 attached memo from Robin Bird to Dennis Beach
Origin of request for this action: Palm Aire Residents
Fiscal impact and source of funding: $765,000.00 appraised value from the General Fund (See attached appraisal)
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