June 06, 2006
Status: Pending
Open Agenda
Approve the purchase contract between First Baptist Church of Southwest Broward and The School Board of Broward County, Florida, for an approximately 13.25-acre site at Palm Avenue, North of Sheridan Street in the City of Cooper City for Elementary School Area F-3 by extraordinary vote.
Approve the additional appropriation of $2,375,150.
Approve the waiver of the zoning provision of School Board Policy 7002-B.
On October 11, 2005, the School Board designated this site for new Elementary School "F-3". Elementary School Area F-3 has been identified in the Adopted District Educational Facilities Plan, Fiscal Years 2005-06 to 2009-10. The site is located on Palm Avenue, north of Sheridan Street in the City of Cooper City. The approximately 13.25-acre site currently has one shared access point. The seller has agreed to grant a perpetual access easement to Sheridan Street. Utilities along Palm Avenue are available.
A Phase I Environmental Assessment has been obtained for the site. The study shows that there is no evidence of recognized environmental conditions on the site. The Geotechnical Study indicates a portion of the site contains muck, however once the parcel is cleared, demucked and filled; the land will be suitable for the planned construction.
The $7,775,150 proposed purchase price exceeds the highest appraised value of $6,761,000 by 15% and has been approved by the Negotiation Parameters Committee.
The property is currently zoned A-1 and will require rezoning. The Land Use Plan designation is E-Estate. The City’s Comprehensive Plan indicates that the Estate Land Use category permits schools without the need for Land Use Plan Amendment. The City of Cooper City has adopted a Resolution at the City Commission meeting on May 23, 2006 expressing its position of no objection to the School Board's efforts to rezone the property. The contract is contingent on the City of Cooper City's final approval of rezoning the property to a Community Facilities compatible zoning, site plan approval, and County plat approval. The School Board must satisfy these governmental approval requirements no later than 12 months from the contract effective date. In the event these precedents can not be completed within the allotted time frame, an amendment to the purchase contract will be required or the School Board will need to acquire the property prior to completion of these requirements.
The following is required under School Board Policy 7002-B:
a. The owner of the property is the First Baptist Church of Southwest Broward whose Officers/Directors are Reverend Michie Proctor, Paul E. Sargent, and Mark D. White.
b. The Site is currently zoned A-1 which does not permit Community Facility Use. The underlying land use of the property is E-Estate. The City’s Comprehensive Plan permits schools within the Estate Land Use category. The Site will require rezoning approval by the City. These requirements may take longer than 4 months to complete. The policy will need to be waived by a vote of the School Board and the wavier request is included as a Requested Action.
c. There are no known significant impediments pertaining to the intended use of the property.
d. The Site Review Committee reviewed the site and recommendation was made to the Superintendent on September 15, 2006 and approved by the School Board on October 11, 2006.
e. The purchase price is within the guidelines established by the Negotiation Parameter Committee.
The School Board Attorney has approved the contract as to form. However, the School Board Attorney has expressed reservations in purchasing the property prior to rezoning being completed.
The financial impact to the District is $7,775,150 plus closing costs. The source of funding is the Adopted District Educational Facilities Work Plan, Fiscal Years 2005-06 to 2009-10, page 28. The finan cial impact will be funded from Certificates of Participation (COPS).
Requested Action
Approve the purchase contract between First Baptist Church of Southwest Broward and The School Board of Broward County, Florida, for an approximately 13.25-acre site at Palm Avenue, North of Sheridan Street in the City of Cooper City for Elementary School Area F-3 by extraordinary vote.
Approve the additional appropriation of $2,375,150.
Approve the waiver of the zoning provision of School Board Policy 7002-B.
Summary
On October 11, 2005, the School Board designated this site for new Elementary School "F-3". Elementary School Area F-3 has been identified in the Adopted District Educational Facilities Plan, Fiscal Years 2005-06 to 2009-10. The site is located on Palm Avenue, north of Sheridan Street in the City of Cooper City. The approximately 13.25-acre site currently has one shared access point. The seller has agreed to grant a perpetual access easement to Sheridan Street. Utilities along Palm Avenue are available.
A Phase I Environmental Assessment has been obtained for the site. The study shows that there is no evidence of recognized environmental conditions on the site. The Geotechnical Study indicates a portion of the site contains muck, however once the parcel is cleared, demucked and filled; the land will be suitable for the planned construction.
The $7,775,150 proposed purchase price exceeds the highest appraised value of $6,761,000 by 15% and has been approved by the Negotiation Parameters Committee.
The property is currently zoned A-1 and will require rezoning. The Land Use Plan designation is E-Estate. The City’s Comprehensive Plan indicates that the Estate Land Use category permits schools without the need for Land Use Plan Amendment. The City of Cooper City has adopted a Resolution at the City Commission meeting on May 23, 2006 expressing its position of no objection to the School Board's efforts to rezone the property. The contract is contingent on the City of Cooper City's final approval of rezoning the property to a Community Facilities compatible zoning, site plan approval, and County plat approval. The School Board must satisfy these governmental approval requirements no later than 12 months from the contract effective date. In the event these precedents can not be completed within the allotted time frame, an amendment to the purchase contract will be required or the School Board will need to acquire the property prior to completion of these requirements.
The following is required under School Board Policy 7002-B:
a. The owner of the property is the First Baptist Church of Southwest Broward whose Officers/Directors are Reverend Michie Proctor, Paul E. Sargent, and Mark D. White.
b. The Site is currently zoned A-1 which does not permit Community Facility Use. The underlying land use of the property is E-Estate. The City’s Comprehensive Plan permits schools within the Estate Land Use category. The Site will require rezoning approval by the City. These requirements may take longer than 4 months to complete. The policy will need to be waived by a vote of the School Board and the wavier request is included as a Requested Action.
c. There are no known significant impediments pertaining to the intended use of the property.
d. The Site Review Committee reviewed the site and recommendation was made to the Superintendent on September 15, 2006 and approved by the School Board on October 11, 2006.
e. The purchase price is within the guidelines established by the Negotiation Parameter Committee.
The School Board Attorney has approved the contract as to form. However, the School Board Attorney has expressed reservations in purchasing the property prior to rezoning being completed.
School Board Goals
| Goal 4 - All stakeholders will work together to build a better school system. |
Financial Impact
The financial impact to the District is $7,775,150 plus closing costs. The source of funding is the Adopted District Educational Facilities Work Plan, Fiscal Years 2005-06 to 2009-10, page 28. The financial impact will be funded from Certificates of Participation (COPS).
Source of Additional Information
Thomas J. Coates 754 321-8351
Associated File Attachments
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Purchase and Sale Agreement (Files) | |
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Appraisal Summary Sheets (Files) | |
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Ownership Information (Files) | |
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City of Cooper City Resolution (Files) | |
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Collaboration Form (Files) | |
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ExecutedCompleteCopy (Files) |