Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 22-R18, Accepting the Conveyance of Two Parcels of Real Property Described as Tract 3 and Tract 4, Tesoro Plat No. 17, According to the Plat Thereof as Recorded in Plat Book 44, Page 8, of the Public Records of St. Lucie County, Florida, from RM Tesoro LLC to the City, in Accordance with a Land Swap Agreement.
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Submitted By: David Graham, Assistant City Manager
Strategic Plan Link: The City's Goal of a high-performing city government organization.
Executive Summary (General Business): The City Council is requested to approve a resolution accepting the conveyance of two (2) parcels of real property located in the Tesoro Planned Unit Development (PUD) and described as Tract 3 and Tract 4, Tesoro Plat No. 17, according to the plat thereof, as recorded in Plat Book 44, Page 8, of the Public Records of St. Lucie County, Florida, in accordance with a Land Swap Agreement, to enable a trade for 8 vacant residential lots owned by the City and located within the Tesoro PUD.
Presentation Information: Staff will be available to respond to questions as may be needed.
Staff Recommendation: Move that the Council approve the Resolution.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Resolution.
2. Move that the Council provide staff direction.
Background: The City Manager was approached by a representative for RM Tesoro LLC offering to exchange two parcels, described as Tracts 3 and 4, owned by RM Tesoro LLC located along SE Southbend Blvd. totaling 4.504 acres for 8 single-family vacant residential properties located within the Tesoro PUD previously escheated to the City by the St. Lucie County Board of County Commissioners.
Issues/Analysis: N/A.
Financial Information: In accepting the trade of the two offered parcels (Tracts 3 and 4), the City's annual obligation will by $3,458.86 (Ad Valorem: $760.50, Stormwater: $2,172.24, and Tesoro CDD...
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