RESOLUTION 85-24 FOR PURPOSE OF TRANSFER OF A PORTION OF THE CLEARWATER PARKING SYSTEM AND TERMS OF DISPOSITION
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RES 0 L UTI 0 N
No. 85 - 24
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF CLEARWATER, FLORIDA: DECLARING A VALID PUBLIC
PURPOSE FOR THE TRANSFER OF A PORTION OF THE
CLEARWATER PARKING SYSTEM AND ESTABLISHING THE
TERMS OF DISPOSITION.
WHEREAS, the City Commission of the City of Clearwater, Florida
by Resolution #84-47 authorized the disposition of Lot 3 of the Clearwater
Parking System to the Clearwater Redevelopment Agency upon terms to be
determined by future supplemental resolution, and
WHEREAS, the Agency has agreed to sell a portion of the air
rights over said lot for development as a private parking garage and to
construct a 204 space parking garage on the land below those air rights,
and
WHEREAS, the underlying land and parking garage will revert to
the City of Clearwater upon payment of the debt to be incurred to develop
that .garage and to acquire the property for the Clearwater Square Project,
and
WHEREAS, the City Commission has held a public hearing to
determine if a valid public purpose exists for this property disposition.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF CLEARWATER, FLORIDA, IN SESSION DULY AND REGULARLY
ASSEMBLED, AS FOLLOWS:
1. The City Commission of the City of Clearwater, Florida hereby
finds, determines and declares that a valid public purpose will be served
by transfer of Parking Lot 3 of the Clearwater parking system to the
Clearwater Redevelopment Agency, towit~ the redevelopment of the downtown
area which has been declared blighted and the enhancement of the Clearwater
tax base pursuant to Chapter 163, Florida Statutes, together.with the fin-
ancing and construction of a 204 space public parking garage.
2. The sale of said lot, more particularly described as follows:
Lots 1, 2, 3, 12, 13, and 14 in Block 6 of MAGNOLIA PARK,
according to the plat thereof recorded in Plat Book 1,
page 70 of the Public Records of Hillsborough County, of
which Pinellas County was formerly a part, together with
former right-of-way of the Atlantic Coast Line Railroad
adjoining said block on the West.
to the Clearwater Redevelopment Agency for the sum of $10.00 is hereby
authorized.
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3. The proceeds of sale shall be placed in the City of
Clearwater Parking System Renewal & Replacement Fund.
4. This Resolution shall become effective immediately upon its
adoption.
PASSED AND ADOPTED this 4th
day of
April
A.D., 1984.
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