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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A SETTLEMENT AGREEMENT AND RELEASE OF MUNICIPAL LIENS AMONG THE CITY OF POMPANO BEACH, GUSTAVO PINEIRO, AS TRUSTEE, AND AC HOMES, LLC TO RESOLVE PENDING CITY’S FORECLOSURE ACTION AGAINST THE PROPERTIES LOCATED AT 2556 NW 4TH COURT, 412 NW 6TH STREET AND 416 NW 6TH STREET; ACCEPTING CONVEYANCE OF 412 NW 6th STREET AND 416 NW 6th STREET TO THE CITY OF POMPANO BEACH; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Fawn Powers)
summary
Summary Explanation/Background:
Request approval of Settlement Agreement and Release of Liens to resolve pending City’s foreclosure action against 2556 NW 4th Court, 412 NW 6th Street and 416 NW 6th Street and accepting conveyances of 412 NW 6th Street and 416 NW 6th Street to the City of Pompano Beach.
Origin of request for this action: Code enforcement
Fiscal impact and source of funding: N/A
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