Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 25-R84, Authorizing the Acquisition of Real Property Described as Lots 19, 20 & 21, Block 689, Port St. Lucie Section Eighteen, according to the Plat thereof, as Recorded in Plat Book 13, Pages 17, 17A Through 17K, of the Public Records of St. Lucie County, Florida, for the Expansion of the City Hall Complex.
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Submitted By: Kevin R. Matyjaszek, Utility Systems Director.
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Executive Summary (General Business): The Utility Systems Department (“USD”) desires to acquire the subject parcel for the expansion of the City Hall Complex. City Commons, LLC, the owner of the parcel, has agreed to convey the parcel to the City in exchange for compensation in the amount of $2,500,000.00, and subject to the terms and conditions set forth in the Purchase and Sale Agreement (“PSA”).
Presentation Information: Staff will be available to answer any questions.
Staff Recommendation: Move that the Council approve the Resolution Authorizing the Acquisition of Real Property Described as Lots 19, 20 & 21, Block 689, Port St. Lucie Section Eighteen, according to the Plat thereof, as Recorded in Plat Book 13, Pages 17, 17A Through 17K, of the Public Records of St. Lucie County, Florida, for the Expansion of the City Hall Complex.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the acquisition.
2. Move that the Council not approve the acquisition and provide staff direction.
Background: This is a request for authorization to acquire real property located at 127 SW Port St. Lucie Boulevard, Port St. Lucie, Florida, (aka City Commons) which is directly adjacent to the City Hall Complex. This request is consistent with the past practice of acquiring strategic properties allowing the expansion of City facilities as the City continues to grow.
Issues/Analysis: Currently, there are two (2) active Commercial leases on the property.
Financial Information: The purchase price for the property is $2,500,000.00 plus costs associated with title, inspection(s) and closing fees. The owner and the City have agreed split the cost of closing fees. If approved, the transaction would be made utilizing funds from USD Capital Building > 431-1340-562000.
Special Consideration: This acquisition will further accommodate the ongoing expansion of the City Hall Complex.
Location of Project: See Attached Location Map for Lots 19, 20 & 21, Block 689, Port St. Lucie Section Eighteen - 127 SW Port St. Lucie Boulevard, Port St. Lucie, Florida.
Business Impact Statement: N/A
Attachments:
1. Resolution
2. Exhibit A to Resolution - Purchase & Sale Agreement
3. Appraisal
4. Medical Lab Lease
5. Pediatric Urgent Care Lease
6. Via Memo CM Authorizing the Appraisal & Acquisition
7. Location Map
NOTE: All of the listed items in the “Attachment” section above are in the custody of the City Clerk. Any item(s) not provided in City Council packets are available upon request from the City Clerk.
Internal Reference Number: 25118-03.
Legal Sufficiency Review:
Reviewed by Margaret M. Carland, Senior Deputy City Attorney. Approved as to Legal form and sufficiency by Richard Berrios, City Attorney.