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HomeMy WebLinkAbout02-085CC:, RESOLUTION NO. 02-85 A RESOLUTION REQUESTING THE ST. LUCIE COUNTY CLERK OF CIRCUIT COURT PLACE ONE HUNDRED THOUSAND AND 00/100 ($100,000.00) DOLLARS IN A SEPARATE SPECIAL REVENUE FUND WITH ONLY THE INTEREST BEING ALLOCATED FOR BLUEFIELD RANCH IMPROVEMENT EXPENDITURES WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the following determinations: 1. Crescent Resources, LLC, a developer based in Georgia, owns and controls property within St. Lucie County that will require wetland mitigation in order to obtain Federal and State permits to proceed with commercial development. 2. Representatives of the developer have agreed to perform certain services on Bluefield Ranch, an Environmentally Sensitive Land owned by St. Lucie County, which is in need of wetland restoration. 3. Additionally, the Developer has remitted One Hundred Thousand and 00/100 ($100,000.00) Dollars to the County to be used to manage the County's Ranch Property. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County, Florida: 1. This Board does hereby request that the St. Lucie County Clerk of Circuit Court place One Hundred Thousand and 00/100 ($100,000.00) Dollars in a separate special revenue fund with only the interest being allocated for Bluefield Ranch Improvement Expenditures. 2. The County Administrator is hereby directed to forWard a copy of this resolution to the St. Lucie County Finance Director. After motion and second the vote on this resolution was as follows: Chairman Doug Coward AYE Vice Chairman Cliff Bames AYE Commissioner Paula A. Lewis AYE Commissioner Frannie Hutchinson ABSENT Commissioner John D. Bmhn AYE PASSED AND DULY ADOPTED this 26th day of March, 2002. ATTEST: BOARD OF COUNTY COMMISSIG' ,NERS ST.LUCIE)'~Y, FLORIDA · C~IAI~AN AP PROVED~AS T~TLNEEGsAs:L FORM AND COUNTY