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Council votes 4–1 to release mineral‑rights reservation for Taurus Apopka City Center parcel
Summary
Council approved a release of the city’s reserved mineral rights on a parcel formerly owned by the city and now held by Taurus Apopka City Center Inc.; one commissioner opposed and raised concern about retaining potential value, but staff said state statute allowed release and staff could find no legal obstacle.
The Apopka City Council voted 4–1 May 21 to authorize a release of the city’s reserved mineral rights for a parcel connected with Taurus Apopka City Center Inc.
City staff explained the city’s interest was a reservation of minerals retained in a special warranty deed when the property was conveyed; the deedary reservation arose from a statutory requirement at the time of the sale. According to staff, the buyer’s lender has requested that the city release the…
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