EMINENT DOMAIN TO BE USED TO PURCHASE ACREAGE FOR NEW WEST BOCA ELEMENTARY SCHOOL TO OPEN IN AUGUST 2009

Due to student growth, the acquisition of a new 20.197-acre site for $10-MM was recently approved by the School Board of Palm Beach County, to build a new West Boca Raton Elementary School. Location is 95^th Avenue South near West Boca Lake and Olympic Heights High School. An environmental audit is now complete, finding no concerns. With the owner unwilling to sell the property, the district has decided to exercise the option of eminent domain. While the process provides a fast taking of the property, negotiations with the owners are not limited in order to reach settlement either before or after the date of the “Order of Taking.” The school is scheduled to open in August 2009. This will provide enrollment relief for neighboring elementary schools including Whispering Pines, Sunrise Park, Sandpiper Shores and Del Prado Elementary schools and will be built to accommodate about 960 students. Traffic and parking concerns will be addressed.

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NAR: A GOOD DAY FOR HOUSING: September 18, 2007
Along with “the FED” cutting the discount rate by half a percentage point, the House of Representatives passed the Expanding American Homeownership Act of 2007, HR 1852, offering homeowners a safer alternative to risky mortgage products, helping homeowners who may be facing foreclosure, increasing loan limits and eliminating the statutory 3% minimum cash down payment. Mortgage modifications will allow borrowers to change mortgage terms so they can afford to stay in their home. “Partial Claim” programs will cure a loan default with the FHA lending the borrower money with a no-interest loan due when the property is sold or paid off. The National Association of Realtors (NAR), America’s largest trade association, represents 1.3MM+ members involved in all aspects of residential and commercial real estate and is known as “The Voice for Real Estate.”

TWO VOLUNTEERS NEEDED BY WEST BOCA SHERIFF’S OFFICE
Four hour shifts needing volunteers for assisting with fingerprinting, providing forms and reporting accidents and incidents are available. Walk-in satellite offices for the Palm Beach County Sheriffs Office are open 8 am to 4 pm Monday through Friday at 6787 Palmetto Circle North and 9378 South 210^th Street, off Glades Road. Students seeking community service hours and retirees are welcome to apply. On the job one-on-one training is provided. Drivers are needed for mobile patrol units for shopping centers, houses of worship and schools 24/7. To apply call 561-483-4123.