PLACEMENT: Consent
TITLE:
title
ADOPTION OF A RESOLUTION APPROVING AND ACCEPTING A WARRANTY DEED FOR RIGHT-OF-WAY DEDICATION FROM FINLAND CAPITAL LLC, AS A CONDITION OF APPROVAL OF THE PADDOCK MASTER AND FINAL SITE PLAN
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EXECUTIVE SUMMARY:
executive summary
This is a request for the adoption of a resolution approving and accepting a Warranty Deed from Finland Capital LLC (Finland), a Delaware limited liability company, for 21,047 square feet (0.48 acres) of right-of-way (ROW) along SW 30th Avenue and SW Martin Highway in Palm City as a condition of approval of The Paddock Master and Final Site Plan.
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: Paul Schilling, Growth Management Department Director
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
1. Documents Drafted by:
Martin County
2. Parties:
Finland Capital LLC, a Delaware limited liability company, Grantor
Martin County, Grantee
3. Purpose:
Dedication of ROW along SW 30th Avenue, a corner clip on SW 30th Avenue and SW Martin Highway and ROW along SW Martin Highway, for dedicated ROW, as a condition of approval of The Paddock Master and Final Site Plan.
4. New/Renewal/Modified:
New
5. Duration:
Perpetual
6. Benefits to Martin County:
Additional ROW to the County
7. Costs to Martin County:
None. All fees paid by applicant.
As a condition of approval of the Master and Final Site Plan for The Paddock, Finland has provided a Warranty Deed for 10 feet of ROW along SW 30th Avenue, a corner clip on SW 30th Avenue and Martin Highway and 32 feet of ROW on SW Martin Highway in Palm City.
The Applicant has provided the required due diligence materials, and the Real Property Division has confirmed ownership of the property to be conveyed. There are no mortgages encumbering the premises, except for those certain Mortgages listed on the Deed as released by Mortgag...
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