Placement: Resolutions
Action Requested: Motion / Vote
title
Resolution 21-R132, Authorizing the Mayor to Enter into and Execute an Amended and Restated Interlocal Agreement Between St. Lucie County and the City of Port St. Lucie, Revising the Agreement regarding Municipal Services Taxing Units for Public Transit.
body
Submitted By: Clyde A. Cuffy, P.E., Public Works
Strategic Plan Link: The City's Vision for convenient transportation.
Summary Brief (Agreements/Contracts only)
1. Prepared by: St. Lucie County
2. Parties: City of Port St. Lucie and St. Lucie County
3. Purpose: To amend and restate the 2003 Interlocal Agreement for the Municipal Services Taxing Unit (MSTU), which established a funding mechanism for Public Transit within St. Lucie County.
4. New/Renewal/Modified: Renewal
5. Duration: Twenty (20) years, with the option for termination.
6. Benefits to Port St. Lucie: Providing a funding mechanism for public transit infrastructure and services with the City.
7. Cost to Port St. Lucie (Annual and Potential): The MSTU establishes an ad valorem tax rate to levy on all properties County wide.
Presentation Information: Five-minute PowerPoint presentation will be provided remotely via Zoom by Bill Balls with Tindale Oliver.
Staff Recommendation: Move that the Council approve the Resolution authorizing the Mayor, or her designee, to enter into an Interlocal Agreement between St. Lucie County and the City of Port St. Lucie for amending and restating the Municipal Services Taxing Unit.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Resolution.
2. Move that the Council not approve the Resolution and provide staff direction.
Background: On January 28, 2003, St. Lucie County adopted Resolution No. 03-21, which established a Municipal Services Taxing Unit (MSTU) for public transit and non-motorized transportation that would levy an ad valorem tax at a rate not to exceed 1/4 mill per annum for a term of n...
Click here for full text