Placement: Second Reading of Ordinances / Public Hearing
Action Requested: Motion / Vote
title
Ordinance 22-19, Public Hearing, Authorizing the Release of Any and All Interest Reserved unto the City of Port St. Lucie under Section 270.11, Florida Statutes, for Phosphate, Minerals, Metals and Petroleum that is or may be in, on, or under Lands conveyed to the Port St. Lucie Governmental Finance Corporation via Quit Claim Deeds recorded in Official Records Book 4596, Page 1259, and Official Records Book 4378, Page 1656, of the Public Records of St. Lucie County, Florida.
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Submitted By: Wes McCurry, CRA Director
Strategic Plan Link: The City's Mission to be responsive to our community.
Executive Summary (General Business): The City desires to release its interest in all in phosphate, minerals, metals and petroleum rights that are or may be in, on, or under the former Paar Drive right-of-way previously conveyed to the Port St. Lucie Governmental Finance Corporation.
Presentation Information: Staff will be available to answer any questions.
Staff Recommendation: Move that the Council approve the Ordinance and Release.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Ordinance.
2. Move that the Council not approve the Ordinance and provide direction.
Background: Pursuant to the recommendations of the Southern Grove Master Plan, the Paar Drive right-of-way, from SW Anthony F. Sansone Sr Boulevard to Interstate 95, was abandoned and conveyed to the to Port St. Lucie Governmental Finance Corporation (GFC) via Quit Claim Deeds recorded in in Official Records Book 4378, Page 1656 and Official Records Book 4596, Page 1259, of the Public Records of St. Lucie County, Florida. Section 270.11, Florida Statutes, reserves an undivided three-fourths interest in all the phosphate, minerals, and metals and an undivided one-half interest in all petroleum that is or may be in, on, or under lands owned by a local governmen...
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