SEBASTIAN — Police investigators said they uncovered a criminal enterprise involving ill-gotten prescription drugs, out-of-state pill smuggling and stolen auto parts when they searched a home last weekend.

Investigators spent 30 hours searching an undisclosed home late Friday and most of Saturday, said Sebastian Officer Steve Marcinik, police spokesman. Eight investigators recovered more than 3,000 pills with a street value of $60,000, as well as $6,500 worth of stolen property and $4,500 cash, investigators said.

“This shows a direct link between theft and the illegal prescription drug business,” Marcinik said.
(more…)

PORT ST. LUCIE - In a turnabout decision, the City Council Monday night gave an initial 4-1 vote to increase the property tax rate by 11 percent.

The council also unanimously approved a 2009-2010 revised total budget of $430 million.

A final vote on the property tax rate and budget is scheduled for a 7 p.m. Sept. 28 public hearing at City Hall.

Last week, the council made a last-ditch effort to avoid an earlier proposed 26 percent property tax increase and held a special meeting to discuss using half of the city’s general fund reserves to help offset a more than $18 million deficit in the general fund.
(more…)

PORT ST. LUCIE — City property owners may be able to avoid a proposed 26 percent increase in their property taxes.

During a special meeting Wednesday, the City Council unanimously agreed to use half of the city’s general fund reserves to keep the property tax rate at its current rate of $4.22 per $1,000 of taxable value. The council will formally vote on setting the property tax rate during scheduled 7 p.m. public hearings Sept. 14 and Sept. 28 at City Hall.

Using the city’s median home price of $112,000 with a $50,000 homestead exemption, an average city property tax bill using the current rate would be $261, excluding taxes from other agencies, such as the school and fire districts.
(more…)

VERO BEACH — A Nevada corporation that holds the mortgage for Vero Fashion Outlets is seeking to foreclose on the mall, according to civil lawsuit filed in Indian River Circuit Court.

LNV Corp. of Nevada is seeking $32.15 million, including principal and interest, because the mall defaulted on payments, according to the lawsuit.

“Vero (Fashion Outlets) has defaulted,” wrote attorney Kenneth Curtin, of West Palm Beach, in a lawsuit filed Aug. 26. It is assigned to Circuit Judge Paul Kanarek. No action has been taken in the civil lawsuit and the mall’s owners have not responded to the allegations. Curtin did not return calls Wednesday.
(more…)

SEBASTIAN — Authorities speculate more than $1 million worth of cocaine found Saturday near the Sebastian Inlet State Park may have been tossed by smugglers in an attempt to not be caught with the illegal drugs.

The Indian River County Sheriff’s Office said they responded to a call about 8:30 a.m. Saturday about a package floating near the shore, said spokesman Deputy Jeff Luther. A boater spotted the package, he said.

Deputies determined the package contained 60 pounds of cocaine, Luther said. The street value of the package is substantial, but probably not a huge loss to the smugglers, he said.
(more…)

MARTIN COUNTY — Defending themselves from election violation accusations, business struggles, market declines and a growing reliance upon credit cards were in part responsible for four of the five county commissioners reporting decreases in net worth over the past year.

The exception was Commissioner Sarah Heard. She shaved nearly $20,000 off her mortgage and reported increases in the value of her Rocky Point home and land she owns in Dixie County and a retirement account. She reported her income grew by more than $40,000 to $707,678. (more…)

ST. LUCIE COUNTY — Four of the five commissioners who oversee the county’s $587 million budget suffered personal declines in their net worth last year.

Commission Chairwoman Paula Lewis, on the board since 1996, was the only one to record an increase, growing nearly $20,000, even as her home dipped in value by $10,000 and liabilities grew by $3,000.

The largest drop was recorded by Commissioner Chris Dzadovsky, who was elected to the board in 2008. He saw his net worth down nearly $200,000 from the prior year, with real estate being the biggest reason. His two residential properties in Fort Pierce lost a combined $185,063 in value from 2007 to 2008. (more…)

PORT ST. LUCIE — City property owners will see their taxes go up, and the Port St. Lucie City Council and a workers’ union will see their pay remain the same, all to help the city out of an $11 million deficit.

“The is the worst budget year that I’ve experienced,” Vice Mayor Jack Kelly said.

At the final day of its budget retreat, the council Friday unanimously approved a 26 percent property tax increase, boosting the rate from $4.22 to $5.34 per $1,000 of taxable value. (more…)

PORT ST. LUCIE — Which would you prefer?

A 26 percent property tax increase, cutting 117 city jobs, having 16 fewer police officers, closing the city Parks and Recreation Department and its facilities or not tuning into PSL-TV.

Those are the options the City Council plans to discuss Thursday and Friday as the group looks at an $11 million deficit for next year’s budget. (more…)

STUART — A group of residents suing Martin County because they contend the extension of airport runways at Witham Field has damaged their property values will have to wait until December to find out how the trial will be handled.

Attorneys for the group have filed motions asking they be allowed to file a class-action suit, a request opposed by Martin County, which operates Witham Field. (more…)