Commissioners rethink approach on lighthouse relocation

Published: Thursday, October 17, 2013 at 09:33 AM.

One, to waive up to $2,500 in utility fees and second to eliminate a deed clause that would have reverted 46-plus acres earmarked for the development back to the city if the development did not bear fruit.

City attorney Tom Gibson said he was comfortable with the revision since the city would not deed the land until there was a closing with financing lined up by Paces.

Gibson said the Florida Housing Finance Corporation, from which the Paces will be applying for tax credits it will leverage for investment in the development, objected to the reversionary clause.

Bids, shutdown slow NPSJ water project

Bids for the combined project to replace sidewalks along Martin Luther King, Blvd. and water lines in a significant section of the neighborhood of North Port St. Joe were reported to commissioners.

Two issues arose on the projects which have been delayed by various factors for months.

The winning bid still represents costs that are above grant levels on both projects, Smallwood said.



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