TO: Board of County Commissioners
THROUGH: John A. Titkanich, Jr., County Administrator
THROUGH: Jennifer W. Shuler, County Attorney
FROM: Susan J. Prado, Deputy County Attorney
DATE: April 17, 2025
SUBJECT: Demolition Lien Reduction - 4541 38th Court, Vero Beach, FL 32967
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BACKGROUND
On November 6, 2015, Indian River County recorded a lien for the costs of a demolition at 4541 38th Court, Vero Beach, FL 32967 (the “Property”) for $4,977.38. That lien accrued interest at an interest rate of 5.75% per annum. As of April 17, 2025, the costs of the demolition and interest were $8,232.24. The new property owner contacted the County Attorney’s office on or about April 3, 2025, to ask about a lien reduction.
Consistent with recent practice, the County Attorney’s Office recommends that the Indian River County Board of county Commissioners waive 90% of the accrued interest, so long as the lien and 10% of the outstanding interest for a total of $5,302.87 is paid within 60 days and that once paid, the Board authorizes the Chairman to execute a release of lien.
BUDGETARY IMPACT
Lien proceeds will be deposited into MSTU fund/Building Demolition Liens Revenue account number 004038-369092. The costs of recording the release of the lien will be borne by the property owner, Dady Junior Tiene.
STAFF RECOMMENDATION
Recommended Action
The County Attorney’s Office recommends that the Indian River County Board of County Commissioners waive 90% of the accrued interest, so long as the lien and 10% of the outstanding interest for a total of $5,302.87 is paid within 60 days and that once paid, the Board authorizes the Chairman to execute a release of the lien.