Common Contracts
1 similar Executive Summary contracts
Agreement of Sale and Purchase between The School Board of Broward County, Florida and JAG Development Company, LLC for the Purchase of the Site Commonly Referred to as Elementary D-1 School Site (No. 352.1)Executive Summary • December 3rd, 2013
The Elementary D-1 School Site (No. 352.1) is a 12-acre gross property that is located at the southeast corner of Broward Boulevard and Hiatus Road in the City of Plantation. The property was purchased by the School Board on March 13, 1997 at a cost of $1,993,500 for the purposes of constructing a future elementary school. However on April 20, 2010 and consistent with Section 1013.28, Florida Statutes (FS), the School Board approved the surplus of the property to indicate that it was no longer needed for educational purposes. Subsequently, District staff implemented due diligent processes and on March 10, 2011 marketed the property along with four (4) other School Board owned surplus properties via Request for Proposal (RFP) 11-033T. At that time, only one of the four (4) marketed properties (the Metric Site) sold; however, no qualified offer was received for the Elementary D-1 School Site.
