Tuesday, February 10, 2009

UPDATE + News Press article

Below, please find the portion of Brian's News Press article on last nights council meeting that pertains to the CRA/Golf Course. I would like to thank the Mayor and Council Members for voting unanimously to lend the CRA the funds for the study. This could have been a major stumbling block had the request been denied. Once the finding of necessity is complete and we are brought in to the CRA the money will be paid back to the city from CRA funds.

Negotiations are moving along nicely. I'll keep you updated.

Thank you, Mary

By Brian Liberatore • bliberatore@news-press.com • February 10, 2009

Golf Course

The city council agreed to spend $27,000 on a study that is the first step toward expanding the Community Redevelopment Agency District to encompass the former Golf Club of Cape Coral. The move would allow the CRA to buy and redevelop the course.

If the study doesn't justify expansion, the city could be out the $27,000, but CRA Executive Director John Jacobsen said it's worth it.

"This is our only chance," Jacobsen said. "This is our best chance. And I think it's a very, very good chance."