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<br />the City's boundaries; and <br /> <br /> <br />WHEREAS, a school within the City's boundaries will address the K-8 <br /> <br /> <br />educational needs of the City's residents and help to alleviate overcrowding in other <br /> <br /> <br />schools presently serving city residents; and <br /> <br /> <br />WHEREAS, the School Board and the City recognize the benefits that will accrue <br /> <br /> <br />to the City, the School Board, residents and the student population of the City by placing <br /> <br /> <br />a school adjacent to a park and existing and planned public recreational facilities; and <br /> <br /> <br />WHEREAS, the School Board and the City have identified a prime site <br /> <br /> <br />comprised of two parcels (Parcel 1 and Parcel 2), located at 182 Drive between North <br /> <br /> <br />Bay Road and Atlantic Boulevard, Sunny Isles, Florida ("Subject Site"), The Subject <br /> <br /> <br />Site is approximately 2 acres in size and legally described in Exhibit "A", attached <br /> <br /> <br />hereto; and <br /> <br /> <br />WHEREAS, the Subject Site is located adjacent to a City park and the City has <br /> <br /> <br />agreed to allow use of the same for recreational purposes associated with the school; <br /> <br /> <br />and <br /> <br />WHEREAS, the School Board's School Site Planning and Construction <br />Committee recommended the SUbject Site as the site to locate a public school within <br />the City; and <br />WHEREAS, Section 166.021, Florida Statutes, authorizes the City to exercise <br />any power for municipal purposes, except when expressly prohibited by law; and <br />WHEREAS, the City, after having exhausted all attempts to negotiate a purchase <br />of the Subject Site and lacking the statutory authority to condemn property for school <br />purposes, has agreed to tender the first $10 Million Dollars towards the acquisition of <br /> <br />Page 2 of 11 <br />