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5.B.
FPRA Special Meeting - 5:05 PM
Meeting Date:
10/21/2025
Re
FPRA Resolution 25-17
Submitted For:
Shyanne Harnage

SUBJECT:

FPRA Resolution 25-17 Approving the Purchase of Real Property Located at 1238 Avenue D, Fort Pierce, Florida, in the Amount of $150,000.

SUMMARY:

Resolution 25-17 provides authorization to purchase the property located at 1238 Avenue D for $150,000.00. The property is currently vacant and in blighted condition. Its strategic location, between the Highwaymen Museum and the 13th Street Plaza, makes it a key site for revitalization within the Community Redevelopment Area. Acquisition of this parcel will allow the FPRA to pursue a block-wide redevelopment that maximizes community impact and advances several objectives of the Redevelopment Plan.

FPRA REDEVELOPMENT PLAN GOAL/POLICY

Goal 4 - The Fort Pierce Redevelopment Agency shall evaluate opportunities for site and facility acquisition to implement the Goals, Policies and Projects/Activities of the Fort Pierce Community Redevelopment Plan.

Policy 20.2 - The Fort Pierce Redevelopment Agency shall evaluate and identify opportunities, including land acquisition and demolition of derelict structures to create additional green and open spaces within the Community Redevelopment Area.

RECOMMENDATION:

Staff recommends adoption of FPRA Resolution 25-17.

ALTERNATIVES:

1. Modify the resolution or direct staff to renegotiate terms.
2. Decline to authorize the purchase.
 

RESPONSIBLE STAFF:

Richard Chess, City Manager/FPRA Director
Shyanne Harnage, Director of Community and Economic Development

COORDINATED WITH:

City Attorney's Office

Fiscal Impact

Budgeted Y/N:
N
Fiscal Year:
2026
Account:
1049400 549760
Amount:
$150,000

OTHER INFORMATION:

The purchase price of $150,000, plus customary closing costs, will be funded from FPRA tax increment revenue fund balance.

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