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R2025-49 Contract for purchase of two parcels located at 9525 Old Dixie Hwy and Budget AmendmentRESOLUTION 2025-49 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA APPROVING A CONTRACT FOR THE PURCHASE OF TWO PARCELS OF PROPERTY LOCATED AT 9525 OLD DIXIE HIGHWAY; AUTHORIZING AND DIRECTING THE MAYOR AND VILLAGE CLERK TO AMEND THE CAPITAL PROJECTS FUND BUDGET TO TRANSFER $530,000 FROM THE CAPITAL RESERVE ACCOUNT TO THE PUBLIC WORKS ADMINISTRATION — LAND CAPITAL ACCOUNT; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Village Administration is requesting Village Council approval of a Contract for the purpose of two parcels of real property located at 9525 Old Dixie Highway and owned by Robert Gill Davidson a/k/a Gill Davidson, Trustee of Gill Davidson Revocable Trust dated September 28, 1995; and WHEREAS, the Village Council seeks to amend the current capital projects fund budget to transfer $530,000.00 from the Capital Reserve Account to the Public Works Administration — Land Capital Account to fund the purpose of the property; and WHEREAS, the Village Council determines that the adoption of this Resolution is in the best interests of the Village and its residents. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA as follows: Section 1. The foregoing recitals are ratified as true and incorporated herein. Section 2. The Village Council hereby approves a Contract for the purchase Contract with Robert Gill Davidson a/k/a Gill Davidson, Trustee of Gill Davidson Revocable Trust dated September 28, 1995, as amended, a copy of which is attached hereto and incorporated herein, for the purchase of two parcels of property located at 9525 Old Dixie Highway at a total cost of $530,000, with funds expended from Account No. K6018-66100 (Public Works Administration — Land). The Village Council authorizes the Village Manager to take all steps necessary to effectuate the purchase. Section 3. In order to fund this expenditure, the Village Council hereby approves a budget amendment for the transfer of funds as indicated below and authorizes and directs the Mayor and Village Clerk to execute the budget amendment for and on behalf of the Village of North Palm Beach: Budget Amendment: Account Description Use Source Capital Projects Fund: K6018-66100 Public Works Admin - Land $53000 K5541-66000 Reserve Expenses - Capital $53000 Total Capital Projects Fund $53000 $53000 Page 1 of 2 Section 4. All resolutions or parts of resolutions in conflict with this Resolution are hereby repealed to the extent of such conflict. Section 5. This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 25TH DAY OF SEPTEMBER, 2025. ATTEST: VILLAGE CLERK Page 2 of 2 Davidson Properties 0 0.01 0.030.01 Miles ±Scale: 1:1,128 Date: 2/19/2025 Time: 10:40 AM