Placement: Second Reading of Ordinances
Action Requested: Motion / Vote
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Ordinance 24-85, Authorizing the Conveyance of 9.11 Acres of Real Property Owned by the City, to the School Board of St. Lucie County, in Accordance with a Land Swap Agreement between the City of Port St. Lucie and the School Board of St. Lucie County.
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Submitted By: City Manager's Office
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: City Manager's Office.
2. Parties: City of Port St. Lucie and the School Board of St. Lucie County.
3. Purpose: An exchange of properties to secure ownership by each in the delivery of services and/or expansion of services benefiting the citizens of the City of Port St. Lucie and St. Lucie County.
4. New/Renewal/Modified: New.
5. Duration: Permanent conveyance of identified properties. The Land Swap Agreement provides for a 90-day inspection period, with the closing to occur 30 days after the expiration of the inspection period.
6. Benefits to Port St. Lucie: To enable expansion of recreational and related services available to residents currently offered by the City of Port St. Lucie and consideration of new, yet to be determined, public services deemed appropriate for this venue.
7. Cost to Port St. Lucie (Annual and Potential): Per "Section 3" of the attached "Land Swap Agreement," the parties agree that the School Board land will be conveyed to the City for the sum of $1,050,000.00 paid to the School Board by the City of Port St. Lucie, as well as in exchange for the City conveying two City-owned properties to the School Board.
Presentation Information: Staff will provide a brief visual presentation of the properties involved in the exchange.
Staff Recommendation: Move that the Council approve the Ordinance authorizing the conveyance of the City Land to the School Board in accordance with the Land Swap Agreement between the City of Port St...
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