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Agenda Item # 12.e.
City Commission Regular Meeting - 6:00 pm
Meeting Date:
03/07/2022
Re
Resolution 22-R14
Submitted For:
Tanya Earley

SUBJECT:

Resolution 22-R14, Authorizing the execution of a deed on behalf of the Fort Pierce Utilities Authority to transfer three (3) parcels near 322 N. 2nd Street, the King's Landing Site, to the Fort Pierce Redevelopment Agency

SUMMARY:

After advertising Request for Qualifications and Proposals (“RFQP”) No. 2019-003, considering the responses, and selecting Audubon Development, Inc. (“Audubon”), as the highest ranked proposer, the City of Fort Pierce and the Fort Pierce Redevelopment Agency (“FPRA”) entered into an agreement with Audubon, to develop certain property located near 322 North 2nd Street and commonly known as the King’s Landing Site. The original developer’s agreement, which was approved by the FPRA and the City Commission in 2019, was amended, restated, and approved by the City Commission on January 18, 2022 and the FPRA Board on February 8, 2022 (collectively the “Agreement”).
 
The Agreement contemplates the transfer of certain parcels from the City to the FPRA and subsequently from the FPRA to Audubon. Three (3) of the parcels referenced in RFQP 2019-003 were originally conveyed to the City for the use and benefit of the Fort Pierce Utilities Authority (“FPUA”). The proposed resolution authorizes the execution of a deed on behalf of the FPUA to transfer said parcels to the FPRA. 

RECOMMENDATION:

Approval. 

ALTERNATIVES:

Approve the resolution with changes, or disapprove the resolution. 

RESPONSIBLE STAFF:

Tanya Earley, City Attorney

COORDINATED WITH:

Nicholas Mimms, City Manager

Fiscal Impact

Budgeted Y/N:
N
Fiscal Year:
2022

OTHER INFORMATION:

The parcels are being transferred in furtherance of a community redevelopment project.

Attachments

Form Review

Inbox Reviewed By Date
City Manager Nick Mimms 03/02/2022 04:39 PM
Form Started By:
tearley
Started On:
02/23/2022 03:09 PM
Final Approval Date:
03/02/2022