Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 24-R74, a Resolution Allowing the Execution of a Settlement and Release Agreement and Maintenance Agreement with ABC Liquors Inc. to Provide a Settlement and Agreement for the Maintenance of an Easement.
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Submitted By: Melissa Perry, Project Coordinator, Public Works Department
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: City Attorney's Office and ABC Liquors Inc.
2. Parties: City of Port St. Lucie and ABC Liquors Inc.
3. Purpose: Settlement and Release Agreement and Maintenance Agreement
4. New/Renewal/Modified: New
5. Duration: Continuous
6. Benefits to Port St. Lucie: In light of the dispute regarding the responsibility for the culvert pipe utilized to provide access to ABC Liquors Inc's site, the City and ABC Liquors Inc. have come to a settlement agreement. ABC Liquors Inc. has provided a Settlement and Release and Maintenance Agreement for a portion of the existing reserved easement that was to be utilized for drainage, utilities, and ingress/egress. ABC Liquors Inc. will maintain and repair the existing reserved easement with all installed infrastructure, including the culvert pipe necessary to utilize the existing reserved easement. The City will not be responsible for any maintenance of the existing reserved easement including any culvert pipe or infrastructure installed by ABC Liquors Inc.
7. Cost to Port St. Lucie (Annual and Potential): Per the Settlement and Release Agreement the City will pay ABC Liquors Inc. a sum of $28,093.10 within 30 calendar days of the effective date of the agreement.
Presentation Information: Staff is available for any questions.
Staff Recommendation: Move that the Council approve the Resolution authorizing the City to enter into a Settlement and Release Agreement and Maintenance Agreement with ABC Liquors Inc.
Alternate Recommendations...
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