Placement: Consent Agenda
Action Requested: Motion / Vote
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Termination of Restrictive Covenant Executed by Sigurd Halvorsen and Janet Halvorsen with Respect to Lots 36 and 37, Block 57, Port St. Lucie Section Twenty-Five, and recorded in Official Records Book 1039, Page 1203, of the Public Records of St. Lucie County, Florida.
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Submitted By: Margaret Carland, Deputy City Attorney.
Strategic Plan Link: The City's Mission to be responsive to our community.
Executive Summary (General Business): Termination of Restrictive Covenant so that the subject property may be conveyed, devised, or developed independently.
Presentation Information: N/A.
Staff Recommendation: Move that the Council approve the requested Termination of Restrictive Covenant.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the requested Termination of Restrictive Covenant.
2. Move that the Council deny the recommendation and provide staff direction.
Background: On September 5, 1996, Sigurd Halvorsen and Janet Halvorsen executed a Restrictive Covenant relative to Lots 36 and 37, Block 57, Port St. Lucie Section Twenty-Five. The Restrictive Covenant encumbers Lots 36 and 37 so that they would be assessed as a single residential unit.
Issues/Analysis: The current owners of the subject property wish to devise or develop Lot 37 independently of Lot 36. The administrative fee owed to the City has been paid in full. The Restrictive Covenant may now be released, satisfied, and discharged in its entirety, and a Termination of Restrictive Covenant shall be recorded with the St. Lucie County Clerk.
Financial Information: The sum of $200.00 was owed to the City of Port St. Lucie as an administrative fee. Payment in full was made on September 8, 2021, and was processed and approved by the City's Finance Department.
Special Consideration: N/A.
Location of Project: See attached map of Lots 36 and 37, Block 57, Port St. Lucie Section Twenty-Five.
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