On December 4, 2018 (Item No. 54), the Board of County Commissioners authorized the County Administrator to execute a Purchase and Sale Agreement (Agreement) between Broward County and GVAOII 1801 NW LLC for the acquisition of the property located at 1801 NW 49 Street in Fort Lauderdale, subject to review and approval as to the legal sufficiency by the Office of the County Attorney. The parties agreed to revise the Agreement to give the County a right to terminate the Agreement if the Board of County Commissioners determines in its sole discretion that the property is not suitable for or desired by the County during or prior to its meeting on January 29, 2019. Notice of termination must be provided to Seller no later than 5PM on January 31, 2019. The Agreement was executed on December 5, 2019.
Due diligence is ongoing. The survey and title have been reviewed and accepted. The Phase I Environmental Site Assessment is complete with no recommendations for further investigation. Building inspections are ongoing; staff will provide the Board of County Commissioners with a status update upon completion.
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