Placement: Consent Agenda
Action Requested: Motion / Vote
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Motion: Termination of Declaration of Restrictive Covenants Executed by Reimer C. Nielsen and Hermine E. Nielsen with Respect to Lots 39, 40 and 41, Block 1073, Port St. Lucie Section Nine, and Recorded in Official Records Book 1382, Page 2644, of the Public Records of St. Lucie County, Florida.
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Submitted By: Margaret Carland, Senior Deputy City Attorney
Strategic Plan Link: The City's Mission to be responsive to our community.
Executive Summary (General Business): Termination of Declaration of Restrictive Covenants so that the subject properties may be conveyed, devised, or developed independently.
Presentation Information: N/A
Staff Recommendation: Move that the Council approve the requested Termination of Declaration of Restrictive Covenants.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the requested Termination of Declaration of Restrictive Covenants.
2. Move that the Council deny the recommendation and provide staff direction.
Background: On April 6, 2000, Reimer C. Nielsen and Hermine E. Nielsen, the former owners of the subject property, executed a Declaration of Restrictive Covenants relative to Lots 39, 40 and 41, Block 1073, Port St. Lucie Section Nine. The Declaration of Restrictive Covenants encumbers Lots 39, 40 and 41, so that the lots would be assessed as a single residential unit.
Issues/Analysis: The current owner of the subject property, Michael Investments and Realty, LLC, now wishes to convey, devise, or develop the lots independently of each other. The total amount of administrative charges owed to the City has been paid in full. The Declaration of Restrictive Covenants may now be released, satisfied, and discharged in its entirety, and a Termination of Declaration of Restrictive Covenants shall be recorded with the St. Lucie County Clerk.
Financial Information: The sum of $200.00 was owed to the City of Port St. Lu...
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