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Boynton Beach to consider purchase of 670 Oak Street with seller-imposed restrictive covenant
Summary
City staff said the purchase of 670 Oak Street depends on approving a seller-imposed restrictive covenant that limits height (36 feet/2 habitable stories), requires a 25-foot setback, caps buildable area at 32,500 sq ft and prohibits certain marina/structured parking uses; staff warned the city would terminate the contract if the covenant is not approved.
City staff presented details of a negotiated purchase for 670 Oak Street and described seller-imposed restrictive covenants that would run with the land if the commission approves the acquisition.
Andrew Mack summarized the key covenant terms as presented by staff: a maximum building footprint of 32,500 square feet, a height limit of 36 feet limited to…
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