Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 26-R20, Authorizing the Acquisition of Real Property Described as Tract E, Port St. Lucie Section Nineteen, as Recorded in Plat Book 13, Pages 19, 19A through 19K, of the Public Records of St. Lucie County, Florida, and a Portion of Tract G, Port St. Lucie Section Thirty-Three, as Recorded in Plat Book 15, Pages 1, 1A through 1V, of the Public Records of St. Lucie County, for Green Space with Future Consideration for a Passive Park and Stormwater Retention.
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Submitted By: Jasmin Padova, Executive Assistant, City Manager’s Office on behalf of Teresa
Lamar-Sarno, Chief Assistant City Manager.
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: Jasmin Padova, City Manager’s Office, on behalf of Teresa Lamar-Sarno, Chief Assistant City Manager
2. Parties: City of Port St. Lucie and Patricia Farley
3. Purpose: Portions of each tract are needed to accommodate a roundabout that is being constructed at the intersection of Paar Dr and Savona Blvd. The remaining portions will be assigned as green space with future consideration for a passive park and stormwater retention.
4. New/Renewal/Modified: New
5. Duration: N/A
6. Benefits to Port St. Lucie: The City’s Goal of high-quality infrastructure and facilities.
7. Cost to Port St. Lucie (Annual and Potential): One time purchase price of $2,840,000, plus closing costs and appraisal.
Presentation Information: Staff will be available to answer questions.
Staff Recommendation: Move that the Council approve the Resolution authorizing the acquisition of real property known as Tract E and Tract G, Port St. Lucie, FL.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Resolution authorizing the acquisition.
2. Move that the Council not approve the acquisition and provide staff direction.
Background: In July 2023, consultant NUE Urban Concepts presented the City of Port St. Lucie 2045 Mobility Plan. The intersections at SW Paar Dr. and SW Darwin Blvd. as well as SW Paar Dr. and SW Savona Blvd. were identified as locations for future roundabouts within corridors that require multimodal improvements. The intersections continue to experience high levels of traffic-related issues, including but not limited to, accidents and congestion, especially during the morning and afternoon peak hours. In 2024, Consor Engineering was contracted as design consultants to complete conceptual and final design for these intersections. A conceptual design for the roundabouts was presented to City Council on January 27, 2025. A Public Involvement Meeting was held on March 31, 2025 and was well attended.
Issues/Analysis: The roundabout designs will allow for safer, less-congested traffic conditions in both interim and build-out scenarios. Cost savings will be realized when widening of the SW Savona Blvd. corridor and other potential widening improvements are completed, without compromising safety before widening is completed.
Financial Information: The City will acquire the property for $2,840,000, plus closing and appraisal costs. The project scope includes roundabout improvements, stormwater enhancements, and a passive park. Acquisition funding will be provided through Commercial Paper (CP). The current six-month average CP rate is 3.45% (as of 2/26/2026), resulting in annual debt service of just under $100,000. The CP will be repaid from a combination of bond proceeds, the general fund, and the stormwater fund once construction begins.
Special Consideration: N/A
Location of Project: The portion of the real property to be acquired by the City is located at the NE and SW corners of SW Paar Drive and SW Savona Blvd known as Tract E and Tract G, Port St. Lucie, FL.
Attachments:
1. Resolution 26-R__
2. Exhibit “A” to Resolution - Purchase and Sale Agreement
3. Appraisal for Tract E
4. Via Memo CM Approval
5. Location Map Tract E
6. Location Map Tract G
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: 25128-05 for Tract E and 25049-10 for Tract G
Legal Sufficiency Review:
Reviewed by Margaret M. Carland, Senior Deputy City Attorney. Approved as to Legal form and sufficiency by Richard Berrios, City Attorney.