In a recent government meeting, significant concerns were raised regarding a proposed land development deal in Saint Petersburg, particularly in relation to its financial implications and community impact. A council member highlighted an appraisal from the previous year for a nearby police headquarters, valued at over $14 million per acre, questioning whether the proposed deal for the gas plant, estimated at $500 million to $600 million, adequately reflects the land's worth.

The council member emphasized the necessity of hiring outside legal counsel to thoroughly review the final documents of the deal, urging a careful evaluation of what is deemed reasonable or missing. Key issues identified included the provisions for affordable housing and the developer's ability to opt out of these commitments.

Additionally, the council was reminded of other pressing city priorities, such as $5 million in stormwater management needs, and the importance of consulting economic and development experts to assess the advantages and disadvantages of both the land development and stadium deals. The latter involves the city borrowing over $700 million without any revenue generated from the stadium.

Environmental considerations were also flagged as critical, alongside the need for a comprehensive traffic and congestion study. The council member criticized the assertion that the loss of 5,000 surface parking spaces would not pose a problem, calling for a more in-depth analysis.

Furthermore, the council was urged to take into account the overwhelmingly negative public sentiment regarding the deal, as indicated by a recent Mason Dixon poll. The member suggested that if the council is not prepared to acknowledge these concerns, they should commission an independent polling company for a more balanced perspective.

As the council approaches a potential vote on the deal by July 12th, the member strongly advised against approval, advocating for a more informed and community-focused decision-making process.