Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - December 17, 2013
December 17, 2013 - Regular Meeting
Agenda Item #29

Venture Rentals LTD - Permanent Utility Easement for upgrade to existing Master Meters.


Contact and/or Presenter Information
Margaret Daniell, Interim Land Acquisition Manager, extension 3009
Barbara Carter, extension 6281.

Action Requested
Accept and Record a Permanent Utility Easement from Venture Rentals, LTD, on property located at 2456 36th Avenue West, Bradenton, Florida, required for master meter upgrades;  Record the Affidavit of Ownership and Encumbrances from Stanley Goldman, and Consent of Lien Holder from Berkadia Commercial Mortgage, LLC.

Enabling/Regulating Authority
Florida Statutes 125 and 127.

Background Discussion
A Permanent Utility Easement is required on a portion of property operated as Bayshore on the Lakes Apartments to replace/relocate and upgrade their existing Master Meters, which do not meet County Standards.  This upgrade may also include re-piping and raising of in-ground meters to avoid flooding damage.

The original mortgage was secured with GMAC Commercial Mortgage Corporation, recorded in OR Book 1578, Page 4856, PRMCF, and assigned to Federal Home Loan Mortgage Corporation (FHLMC),  recorded in OR Book 1578, Page 4899, PRMCF, on December 17, 1998. Berkadia Commercial Mortgage, LLC, is the servicing agent for the lien holder, FHLMC.

County Attorney Review
Not Reviewed (Utilizes exact document or procedure approved within the last 18 months)

Explanation of Other

Reviewing Attorney

Instructions to Board Records
Notification of document acceptance and/or recording to Margaret Daniell, 749-3009, margaret.daniell@mymanatee.org, Property Management Department.

Cost and Funds Source Account Number and Name
$86.50 for (recording fee) CCC Charge Account # 700013, Project Management; 402-19606, Venture Rentals, Ltd.

Amount and Frequency of Recurring Costs

Attachment:  Venture Rentals Utility Easement 12-17-13.pdf
Attachment:  Venture Rentals AOE 12-17-13.pdf
Attachment:  GMAC Assignment of Security Instrument 12-17-13.pdf
Attachment:  Venture Rentals Consent of Lien Holder 12-17-13.pdf
Attachment:  Venture Rentals Ltd Map 12-17-13.pdf