Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 26-R15, Authorizing the Acquisition of Lots 17 through 21, Block 325, Port St. Lucie Section Twenty-Five, as Recorded in Plat Book 13, Pages 32, 32A through 32I, of the Public Records of St. Lucie County, Florida, for the Expansion of the Northport Utility Site.
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Submitted By: Kevin R. Matyjaszek, Utility Systems Director
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Executive Summary (General Business): The Utility Systems Department ("USD") desires to acquire the subject parcels for the expansion of the Northport Utility Site. PENSCO Trust Company, the owner of the parcels, has agreed to convey the parcels to the City in exchange for compensation in the amount of $575,000.00, and subject to the terms and conditions set forth in the Purchase and Sale Agreement ("PSA").
Presentation Information: Staff will be available to answer questions if needed.
Staff Recommendation: Move that the Council approve the Resolution Authorizing the Acquisition of Lots 17 through 21, Block 325, Port St. Lucie Section Twenty-Five, for the expansion of the Northport Utility Site.
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 with direction.
Background: The USD has created a Master Plan for the Northport Utility Site that will include the relocation of the Utility Warehouse operations from Prineville to this site. Acquiring these parcels will create a buffer surrounding the Northport site.
Issues/Analysis: N/A.
Financial Information: The purchase price for the property is $575,000.00 plus costs associated with title, inspection(s) and closing fees. If approved, the transaction would be made utilizing funds from USD Capital Building > 431-1340-561000.
Special Consideration: The acquisition is necessary to accommodate the expansi...
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