TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Approve Resoluion 2020-R-07. A Resolution of the City of North Port, Florida, Authorizing the City Commission to Accept the Transfer of Ownership via Special Deed, to Accept the Transfer of Ownership to Personal Property Related to the Wastewater Treatment Plant via a Bill of Sale, Authorizing the Mayor to Execute the Acknowledgement of Acquisition of Certain Infrastructure Improvements and Acknowledgement of Assignment of Warranties Between the City, WVID, and Garney Companies, Inc., Authorizing the Mayor to Execute the Acknowledgement of Acquisition of Certain Infrastructure Improvements and Acknowledgement of Assignment of Warranties Between the City, WVID, and Youngquist Brothers, Inc. Providing for Filing of Documents, Providing for Conflicts, Providing for Severability; and Providing an Effective Date.
Recommended Action
Approve Resolution 2020-R-07 of the City of North Port, Florida, Authorizing the City Commission to accept the transfer of ownership via Special Deed, to accept the transfer of ownership to personal property related to the wastewater treatment plant via a Bill of Sale, Authorizing the Mayor to execute the Acknowledgement of Acquisition of Certain Infrastructure Improvements and Acknowledgement of Assignment of Warranties between the City, WVID, and Garney Companies, Inc., Authorizing the Mayor to execute the Acknowledgement of Acquisition of Certain Infrastructure Improvements and Acknowledgement of Assignment of Warranties between the City, WVID, and Youngquist Brothers, Inc. Providing for Filing of Documents, Providing for Conflicts, Providing for Severability; and Providing an Effective Date.
Background Information
On March 29, 2005, Fourth Quarter Properties, XXXII, L.L.C. entered into an Interim Utilities Agreement to reserve initial capacity for development of the Thomas Ranch Project. Development ensued based on the C...
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