Placement: First Reading of Ordinances / Public Hearing
Action Requested: Motion / Vote
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Ordinance 26-58, Public Hearing, Authorizing the Conveyance of Real Property Described as Lot 12, Block 2200, Port St. Lucie Section Thirty-Three, as Recorded in Plat 15, Pages 1, 1A through 1V, of the Public Records of St. Lucie County, Florida, to Holiday Builders, Inc., in Exchange for Holiday Builders Conveying Real Property Described as Open Space Tract, Holiday Bougainvillea Plat, as Recorded in Plat Book 140, Page 14, of the Public Records of St. Lucie County, Florida, to the City.
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Submitted By: Colt Schwerdt, PE, Public Works Director & City Engineer
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: the City and Holiday Builders, Inc.
2. Parties: City of Port St. Lucie and Holiday Builders, Inc.
3. Purpose: A land swap between the City of Port St. Lucie and Holiday Builders, Inc.
4. New/Renewal/Modified: New
5. Duration: In perpetuity
6. Benefits to Port St. Lucie: It will provide roadway safety and additional access to the City's stormwater canal system.
7. Cost to Port St. Lucie (Annual and Potential): The parties have agreed to split the closing costs equally.
Presentation Information: N/A
Staff Recommendation: Move that the Council approve the Ordinance authorizing the Conveyance of Real Property to Holiday Builders, Inc., in exchange for Holiday Builders, Inc., Conveying Real Property to the City of Port St. Lucie.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Ordinance.
2. Move that the Council not approve the Ordinance and provide staff with direction.
Background: N/A
Issues/Analysis: N/A
Financial Information: The parties have agreed to split the closing costs equally.
Special Consideration: It will provide roadway safety and additional access to the City's stormwater canal system, and...
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