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Form 12277 Port St. Lucie Florida: What You Should Know
Lucie County and to make the necessary repairs to the Lava ca Island Park. BACKGROUND: The City of St. Lucie, along with county officials, has been working with Lava ca Island to address major deterioration. The City is aware that this portion of the development is not operating as expected, and is asking St. Lucie County for additional incentives toward repair efforts. The County agreed with that request, and made its incentives available to the City in exchange for providing additional space for the City to build its parking garage. The incentives also enable the County to recoup property tax revenues that may be due under the old tax system. BACKGROUND: Lava ca Island is a very small island with no natural resources. However, it is significant in its proximity to other St. Lucie residents, particularly in that it is one of the largest properties in that part of the county. Lava ca Island is part of the City's “Lava ca Island Development Plan” and is one of the main “green” properties that the City treats as part of the district. BACKGROUND: The St. Lucie County Government began the Lava ca Island Land Transfer Project in 2005. This project was aimed at providing more land to St. Lucie residents, and at the same time, providing more parking for those residents. BACKGROUND: In 2005, the land acquisition for the LIP Project included construction of a garage, which replaced the old, parking lot operated by the County. This garage was built to. Satisfy the needs of St. Lucie residents who park in their garages. The garage was open and utilized for 6 Years. The Garage has now been decommissioned and the land in its place has been cleared. BACKGROUND: In 2012, the County began receiving and reviewing an offer from the LIP Purchasers, who have plans to demolish the existing garage and construct a “Green” Land Transfer Project in its place. BACKGROUND: In 2016, the County reached an agreement with the LIP property owners through the St.
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