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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, AGREEING TO WAIVE IN FULL THE LIEN AND ATTENDANT INTEREST ARISING FROM NUISANCE ABATEMENT CASE 47830 TOTALING $40,198.98 AGAINST REAL PROPERTY IDENTIFIED BY FOLIO NO. 4942 04 00 0145 WHICH IS OWNED BY ALLTECH GROUP PARCEL I, LLC; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Fawn Powers)
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Summary Explanation/Background:
Waiver of approximately $40,000.00 in Nuisance Abatement liens to settle pending litigation against the City seeking damages in excess of $200,000.00.
Origin of request for this action: Plaintiff in lawsuit against City seeking settlement in litigation.
Fiscal impact and source of funding: N/A
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*Fawn Powers*Alltech Group Parcel I, LLC - Litigation Settlement