5559-94 TMAIRr - YQJ< 5:5)59_`4
A ORDINANCE OF THE CITY OF CLEAR'WATER, FLORIDA,
RELsTIN TO CITY-OWNED REAL ,PRO CREATING SECTION
2.665, C60E OF ORDINANCES, TO PROVIDE THAT ALL
CO VEYMICES OF CITY-OWNED REAL PROPERTY SHALL !CONTAIN A
USE RE IiRI"T'ION WITH . RI FIT OF REVERTER TO THE CITY
HAVING THE EFFECT OF LIMITING SUBSEQUENT USES OF 'THE
PRs i?ERT° k0 USE FOR WHICH AO, VALOREM PROPERTY iTAX
EYE PT'ION SHALL NOT BE'AVAILABLE OR FOR WHICH AD VALOREM
PROPE'R'TY TAX EXEMPTIONS SHALL. NOT HE APPLIED FOR OR
GRANTED; PROVIDI AN EFFECTIVE GATE,
BE IT 'jOROAINEO BY THE CITY COMMISSION OF THE' CITY OF
CLEARW! I.9=R, FLORIDA:
Section Section 2.565, to be included within a new Division 6 of
. Article VI of Chapter 2, Code of Ordinances, is created to read:
CHAPTER 2. ADMINISTRATION
ARTICLE VI. FISCAL MANAGEMENT
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DIVISION 6. SALE OF SURPLUS DEAL PROPERTY
Sec 2.6651 11se restriction; right of re' ver°ter. �
Whenever real property owned by the city and located within the city limits
is sold, the deed shall contain a use restriction, with a ;ght of reverter t
the city,' providing in effect that the grantee and all successors in title and
interest to the'; g�,antee ' shal1 use the property for a purpose 'or purposfes for
which ad valorem property tax exemption shall not be available 'or, for wiich ad
valorem property't6c exemptions shall not be applied for or granted, and that an
app l icAtion for are ad valorem property tax exemption to the property aplpra i sec
of Pinellas County shall cause the title to revert to the City of Cle��rwater
ulutbmatically as of the date the application is f=iled regardless of whefler the
application is 'ultimately granted or denied. The restriction shall contain a
covenant that. each subsequent deed or other instrument of convgance shall
contain the same restriction, with reverter to the city and not Ito any
intervening owner of the property. As an exception to the foregoing, real
Droperty of the city may be sold to annther 'gnvPrnmPntal Amanr% if! A oazcs
restriction as described' here-in and right of reverter to the city is imposed upon
subsequent ownew^s of the property by the deed from the city.
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PASSED ON F�
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PASSED ON, SE 00,141D AND Fr INAL
READING A + € C31P
FED AS AMENDED
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i a Garvey
Mayor=Commissioner
Attest° Approved as to fora. and �orr�ctne 's m
Cyn is E. Gc�udoau; i Mi e ;A�3 anon
Cit Clerk Assistant City Attorney
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