Placement: Consent Agenda
Action Requested: Motion / Vote
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Termination of Restrictive Covenant Executed by Dominic J. Pasquale and Deborah K. Pasquale with Respect to Lots 7 and 16, Block 1790, Port St. Lucie Section Thirty-Five, and Recorded in Official Records Book 1177, Page 1142, 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 Restrictive Covenant 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 Restrictive Covenant.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the requested Termination of Restrictive Covenant.
2. Move that the Council deny the recommendation and provide staff direction.
Background: On June 1, 1998, Dominic J. Pasquale and Deborah K. Pasquale (the "Previous Owners") executed a Restrictive Covenant relative Lots 7 and 16, Block 1790, Port St. Lucie Section Thirty-Five. The Restrictive Covenant encumbers Lots 7 and 16 so that the lots would be assessed as a single residential unit.
Issues/Analysis: The current owners of the subject property, Eva N. Fuentes and Ben Fuentes, now wish to convey, devise, or develop Lot 7 independently of Lot 16. The total amount of administrative charges owed to the City has been paid in full. The Restrictive Covenant may now be released, satisfied, and discharged in its entirety, and a Termination of Restrictive Covenant shall be recorded with the St. Lucie County Clerk.
Financial Information: The sum of $200.00 was owed to the City of Port St. Lucie for the applicable administrative fees. Payment in full was made on September 12, 2024, was processed and approved by the City's Finance Department.
Special Conside...
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