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Agenda Item # 10.d.
City Commission Regular Meeting
Meeting Date:
05/16/2016
Re
Lien Reduction - Case 09-2795 - 114 Maple Avenue
Submitted For:
Peggy Arraiz

SUBJECT:

Request to reduce code enforcement fines in the amount of $1,088,550.00 against 114 Maple Avenue, Ft. Pierce, FL 34982, Parcel ID #2422-504-0027-000-4 which was previously owned by Yves Guerrier, 114 Maple Avenue, Ft. Pierce, FL 34982 and currently owned by Bank of America, 7887 Safeguard Circle, Valley View, OH 44125 to $8,500.00 payable in 60 days.

SUMMARY:

BACKGROUND: 
  • The lien was filed against the former owner on 4/28/2010.  
  • On 12/4/2012 Bank of America filed a Lis Pendens with the Clerk of Court initiating foreclosure; however, they failed to list the City of Ft. Pierce as a party, therefore, our lien remained valid. 
  • Bank of America obtained title 12/2/2014 and corrected the violations.

RECOMMENDATION:

The Special Magistrate heard Bank of America's request on May 4, 2016 and recommends to the City Commission that they reduce the lien to $8,500.00 payable in 60 days.

Recommendation is based on:
  1. The lien was placed against the former owner.
  2. Property was brought to compliance by Bank of America.

ALTERNATIVES:

  1. Deny the request.
  2. Make alternative recommendations.

RESPONSIBLE STAFF:

Colleen Greer, Executive Secretary.

COORDINATED WITH:

Margaret Arraiz, Code Compliance Manager.

Fiscal Impact

Budgeted Y/N:
2016
Fiscal Year:
Account:
Amount:
8,500.00

OTHER INFORMATION:

$8,500.00 to the general fund.

Attachments

Form Review

Inbox Reviewed By Date
City Manager Nick Mimms 05/09/2016 01:17 PM
Form Started By:
cgreer
Started On:
05/05/2016 11:06 AM
Final Approval Date:
05/09/2016