Notice of Intent To Release Airport Property From Quitclaim Deed; Fort Lauderdale Executive Airport, Fort Lauderdale, FL

The FAA hereby provides notice of intent to release approximately 64.32 acres of airport property at Fort Lauderdale Executive Airport, Fort Lauderdale, FL, from the conditions, reservations, and restrictions as contained in a Quitclaim Deed agreement between the FAA and the City of Fort Lauderdale, FL, dated March 11, 1947. The release of property will allow the City of Fort Lauderdale to dispose of the property for other than aeronautical purposes. The property is located within Tract 1 of F-X-E Plat (Parcels 19B, 25, 26 and 27) at the northwest corner of W. Commercial Boulevard (S.R. 870) and NW. 12th Avenue. The parcels are currently designated as non-aeronautical land use. The property will be released of its federal obligations for commercial land use. The fair market value of these parcels have been determined to be $12,085,000.