Title
AUTHORIZATION FOR THE PINELLAS PARK COMMUNITY REDEVELOPMENT AGENCY CHAIRPERSON TO SIGN A CONTRACT FOR THE PURCHASE OF REAL PROPERTY FROM SBN VI REO LLC - 7575 65th Way North
Body
NOTE: This real estate contract is for the proposed purchase of real property located at 7575 65th Way North, parcel no. 29-30-16-71082-086-0030. This property was formally used as an assisted living facility, but now sits vacant. The City is proposing a purchase price of Seven Hundred and Fifty Thousand Dollars ($750,000.00). The purchase would be charged to account 301175-562504.
Recommendation
ACTION: (Approve - Deny) Authorization for the Pinellas Park Community Redevelopment Agency Chairperson to sign a Contract for Purchase of real property located at 7575 65th Way North, from SBN VI REO LLC, in the amount of Seven Hundred and Fifty Thousand Dollars ($750,000.00) plus closing costs, to be charged to the appropriate account, subject to the closing documents being acceptable to the City Attorney.