SUBJECT
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Approve Subordination Agreement between Polk County and the City of Lakeland. (No fiscal impact)
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DESCRIPTION
It was discovered that the City of Lakeland (“City”) has an interest in certain lands that were conveyed to the County in August of 2024 as additional right-of-way for Swindell Road in conjunction with a proposed development through the Development Review process. A portion of the lands are encumbered with an Easement in favor of the City which was recorded August 5, 2009 in Official Records Book 7960 at Page 412 through 420, Public Records of Polk County, Florida. The City has agreed to subordinate its interest in that portion of the easement lying within the additional right-of-way and has approved and delivered a Subordination Agreement. Approving the Subordination Agreement will authorize the Chairman to execute the document and allow its recordation, which will allow the County to fully utilize the lands as additional right-of-way.
RECOMMENDATION
Request Board approve the aforementioned Subordination Agreement.
FISCAL IMPACT
No fiscal impact.
CONTACT INFORMATION
R. Wade Allen, Director
Real Estate Services
863-534-2577