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<br />the City. <br /> <br />Section 3. <br /> <br />Exemption from Appraisal. The property herein described, shall be, and hereby is, <br /> <br />approved to be exempted from an appraisal pursuant to Section 166.045, Florida Statutes by virtue <br /> <br />of the fact that the purchase price appears fair and reasonable against other comparable properties <br /> <br />and is less than $100,000. <br /> <br />Section 4. <br /> <br />Effective Date. This Resolution shall become effective upon its adoption. <br /> <br />PASSED AND ADOPTED this 17th day of De mber,1998. <br /> <br /> <br />ATTEST: <br /> <br />~~~~~ <br />Richard BroWn-Morilla, City Clerk <br /> <br />APPROVED AS TO FORM <br />AND LEGAL SUFFICIENCY: <br /> <br /> <br />Second by: <br /> <br /> <br />Moved by: <br /> <br />201 191 sI Terrace Res <br /> <br />-2- <br />