HomeMy Public PortalAbout1999-63 Approving purchase and sale of certain Rebozo lands, improvements; contarct with Rebozo trusteesRESOLUTION NO. 99-63
A RESOLUTION OF THE VILLAGE COUNCIL OF THE
VILLAGE OF KEY BISCAYNE, FLORIDA, APPROVING
PURCHASE AND SALE AGREEMENT BETWEEN THOMAS
H. WAKEFIELD, CHARLES FRED REBOZO AND MARY R.
BOUTERSE, AS SUCCESSOR TRUSTEES OF THE
CHARLES G. REBOZO REVOCABLE TRUST UNDER
REVOCABLE TRUST AGREEMENT DATED JANUARY 20,
1989, AS MODIFIED AND AMENDED, AND THE VILLAGE
OF KEY BISCAYNE; PROVIDING FOR PURCHASE OF
CERTAIN LANDS AND IMPROVEMENTS BY THE
VILLAGE; AUTHORIZING VILLAGE MANAGER TO
EXECUTE THE CONTRACT ON BEHALF OF THE
VILLAGE; AUTHORIZING VILLAGE MANAGER TO TAKE
ALL ACTION NECESSARY TO IMPLEMENT THE
CONTRACT; AUTHORIZING VILLAGE MANAGER AND
VILLAGE ATTORNEY TO TAKE ALL ACTION
NECESSARY TO CLOSE THE PURCHASE AND SALE
TRANSACTION; PROVIDING FOR EFFECTIVE DATE;
SUPERCEDING RESOLUTION NO. 99-48 ON THE SAME
SUBJECT.
WHEREAS, the Village desires to purchase certain lands and improvements from Thomas
H. Wakefield, Charles Fred Rebozo and Mary R. Bouterse, as Successor Trustees of the Charles G.
Rebozo Revocable Trust under Revocable Trust Agreement dated January 20, 1989, as modified and
amended (the "Trust"); and
WHEREAS, the Village Council finds that the approval of the Purchase and Sale
Agreement is in the best interest of the Village.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF KEY BISCAYNE, FLORIDA, AS FOLLOWS:
Section 1. That the Purchase and Sale Agreement (the "Purchase and Sale Agreement"), in
substantially the form attached hereto, between the Village and the Trust is hereby approved and the
Village Manager and Village Clerk are authorized to execute such Purchase and Sale Agreement,
in their respective capacities, on behalf of the Village.
Section 2. That the Village Manager is authorized to take all action necessary to implement
the Purchase and Sale Agreement, including the expenditure of appropriated funds in accordance
with the requirements of the Purchase and Sale Agreement.
Section 3. That the Village Manager and Village Attorney are hereby authorized to execute
all documents necessary to complete the closing of the purchase and sale transaction in accordance
with the Purchase and Sale Agreement, and the Village Manager is authorized to execute all closing
statements and other instruments necessary to close the transaction.
Section 4. That this resolution shall supercede Resolution No. 99-48, on the same subject
matter.
Section 5. That this resolution shall become effective upon its adoption.
PASSED AND ADOPTED this 20th day of July, 1999.
ATTEST:
eipochiA 0- ,. CGow-Ax CONCHTI'A H. ALVAREZ, CM fl-L
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
1
RICHARD JY , V AGE ATTORNEY
103032\agreements\purchase and sale agreement between wakefield and rebozo
JOE I. RASCO, MAYOR