Bulletin: FL000102

Date:
February 19, 2003
To:
All Florida Offices and Agents
RE:
Port St. Lucie/Storm Water Assessments

Dear Associates:

We have learned of a lawsuit involving the City of Port St. Lucie, in a case identified as Zlinkoff v. City of Port St. Lucie, which may result in retroactive assessments being imposed by the city related to storm water utilities. At this time it can not be determined which properties will be affected nor the amount of the assessments.

Accordingly, we advise all agencies concerning transactions relative to any property within the City of Port St. Lucie to include the following exception:

"any retroactive fees and/or assessments that may be imposed by the City of St. Lucie in the future for storm water utilities and/or to recoup refunds of storm water utility assessments/fees for tax years 1993/94 - 1997/98 pursuant to Zlinkoff v. City of Port St. Lucie."

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER  AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.

References

Bulletins Replaced:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None