Placement: New Business
Action Requested: Motion / Vote
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Authorize Staff to Negotiate a Land Swap of Eight (8) City-Owned Single-Family Parcels in the Tesoro Planned Unit Development (PUD) in Exchange for Two "Open Space" Parcels Totaling 4.51 Acres Along the Western Side of SE Southbend Boulevard Approximately Midway Between SE Port St. Lucie Blvd. and SE Becker Rd.
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Submitted By: David Graham, Assistant City Manager.
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Executive Summary (General Business): RM Tesoro LLC has approached the City with an expression of interest to trade two (2) parcels in their ownership on the west side Southbend Blvd. for eight (8) City-owned residential lots in the Tesoro PUD.
Presentation Information: Staff will make a brief presentation and be available to respond to questions if required.
Staff Recommendation: Move that the Council authorize staff to negotiate a land swap between the City of Port St. Lucie and RM Tesoro LLC.
Alternate Recommendations:
1. Move that the Council amend the recommendation and authorize staff to negotiate a land swap between the City of Port St. Lucie and RM Tesoro LLC.
2. Move that the Council not authorize staff to negotiate a land swap between the City of Port St. Lucie and RM Tesoro LLC and provide staff direction.
Background: The City Manager was approached by a representative for RM Tesoro LLC regarding exchanging eight (8) single-family properties within the Tesoro PUD escheated to the City by the St. Lucie County Board of County Commissioners (SLC BOCC) for two (2) parcels in RM Tesoro LLC ownership along SE Southbend Blvd.
The properties for trade offered by RM Tesoro include Parcel A, 1.8 acres located north of the E-4 drainage canal. Parcel B is 2.71 acres. The current zoning for both properties is open space.
To ascertain the potential use(s) for these two parcels, a joint onsite review was conducted by Assistant Director Brad K...
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