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Title - TR13596 - Acceptance of LOI and Authorization to Execute Contract for Sale and Purchase with Medalist Restaurant Group, LLC for City Owned Vacant Parcel, located on the North side of Commercial Boulevard, 280 feet West of NW 82nd Avenue

A resolution of the City Commission of the City of Tamarac, Florida,  accepting a Letter of Intent (LOI) and authorizing the negotiation of a contract for sale and purchase with Medalist Restaurant Group LLC,  to facilitate the sale and commercial development of .67 acres of real property located on the north side of Commercial Boulevard, 280 feet West of NW 82nd Avenue, known as,  a portion of Lot 3, Block 7, Lyons Commercial subdivision” according to the plat thereof, as recorded in Plat Book 69, page 42 of the public records of Broward County, Florida, being more particularly described in Exhibit “A”, attached hereto and incorporated herein;   providing for conflicts; providing for severability; and providing for an effective date.

Commission District(s):

District 2
ATTACHMENTS:
DescriptionUpload DateType
1 - TR13596 -Culver's Contract for Sale and Purchase Memo4/14/2021Cover Memo
2 - RESO_TR13596 Culver's Sale and Purchase4/14/2021Resolution
3 - Exhibit A -Warranty Deed for Vacant City Parcel4/14/2021Exhibit
4 - Exhibit B - Culver's Purchase LOI - Commercial Blvd. - City of Tamarac 3 23 214/14/2021Exhibit
5 - Exhibit C - Miller Appraisal Report4/14/2021Backup Material
6 - Exhibit D - Vance Appraisal Report4/14/2021Backup Material
7 - Culvers Restaurant Existing Location Photos4/14/2021Backup Material