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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 LIEN BETWEEN THE CITY OF POMPANO BEACH AND SALVATORE AND CECILIA D’ANDREA TO RESOLVE CITY’S PENDING FORECLOSURE ACTION AGAINST 5248 NE 20th AVENUE; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: Revenue to city: $338,652.15)
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(Staff Contact: Fawn Powers)
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Summary Explanation/Background:
Approval for the settlement of the foreclosure action styled, City of Pompano Beach v. Luis Pardo, et al., Broward County Case No. CACE 19010223(05).
Origin of request for this action: Fawn Powers, Assistant City Attorney
Fiscal impact and source of funding: Revenue to city: $338,652.15
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