Placement: Second Reading of Ordinances / Public Hearing
Action Requested: Motion / Vote
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Ordinance 22-55, Public Hearing, Authorizing the Conveyance of Six (6) Residential Real Property Parcels to the Community Land Trust of Palm Beach County and the Treasure Coast, Inc., a Florida Not-for-Profit Corporation, for the Sale to the Approved Applicants of the PSL Homeownership Program.
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Submitted By: Alessandra "Alex" Tasca, Deputy Director, Neighborhood Services Department (NSD)
Strategic Plan Link: The City's Mission to be responsive to our community.
Executive Summary (General Business): As part of the City's PSL Homeownership Program, this Ordinance approves the conveyance of residential real property parcels located at: 732 SW Bond Rd., 1549 SW Janette Ave., 1581 SW Byron St., 702 SW Duxbury Ave., 2619 SW Halissee St., and 3881 SW McCrory St. (the "Subject Parcels"), on which six single-family homes were recently built by the City via the Neighborhood Stabilization Program (NSP). The effectiveness of the Ordinance and subsequent conveyance will be contingent on: 1.) the newly constructed homes being sold to approved recipients by the Community Land Trust of Palm Beach County and the Treasure Coast, Inc., a Florida not-for-profit corporation (CLT of PBC&TC); and 2.) the land being owned by the CLT of PBC&TC, as part of the City's approved CLT of PBC&TC Program via a Ground Lease (included as an attachment), per the contractual agreement between the City and the CLT of PBC&TC.
Presentation Information: Alex Tasca, Deputy Director of Neighborhood Services, will be available to provide a brief overview of the project and answer any questions, as needed.
Staff Recommendation: Move that the Council approve the Ordinance authorizing the conveyance of the Subject Parcels to the Community Land Trust of Palm Beach County and the Treasure Coast, Inc., a Florida not-for-profit corporation, for the sale of the newly constructed homes on the Subject Par...
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