Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 25-R52, Authorizing the Acceptance of a Quit Claim Deed for Real Property Described as Tract F, First Replat in Port St. Lucie Section Forty-Six as Recorded in Plat Book 25, Page 32, of the Public Records of St. Lucie County, Florida, from the Port St. Lucie Governmental Finance Corporation.
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Submitted By: Jennifer Davis, Director, Community Redevelopment Agency
Strategic Plan Link: The City's Goal to enjoy culture, nature and fun activities.
SUMMARY BRIEF (Agreements/Contracts only)
1. Prepared by: Jennifer Davis, Director, Community Redevelopment Agency
2. Parties: Port St. Lucie Governmental Finance Corporation and the City of Port Lucie
3. Purpose: To accept the conveyance of real property located at the northwest corner of NW Blanton Boulevard and NW East Torino Parkway for development of Torino Regional Park.
4. New/Renewal/Modified: New
5. Duration: N/A
6. Benefits to Port St. Lucie: The City's Goal to enjoy culture, nature and fun activities.
7. Cost to Port St. Lucie (Annual and Potential): $0.00
Presentation Information: Staff will be available to answer any questions.
Staff Recommendation: Move that the Council approve the Resolution authorizing the acceptance of a Quit Claim Deed for real property described as Tract F, First Replat in Port St. Lucie Section Forty-Six as Recorded in Plat Book 25, Page 32, of the Public Records of St. Lucie County, Florida from the Port St. Lucie Governmental Finance Corporation.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Resolution.
2. Move that the Council not approve the conveyance and provide staff direction.
Background: In an effort to provide additional land for the development of the Torino Regional Park, the Governmental Finance Corporation (GFC) entered into a Land Swap Agreement (LSA) with Saint Matilda, LLC, whereby the GFC acquired Tract F, First Replat in Port St. Lu...
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