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Council approves developer reimbursement agreement under Live Local Act despite resident concerns
Summary
The council approved a developer reimbursement agreement with On the Housing Group LLC for two affordable housing communities under the Live Local Act; one resident objected to the reimbursement and fee waiver amounts.
The City of Fort Myers on Oct. 20 approved a developer reimbursement agreement with On the Housing Group LLC to construct two affordable housing communities pursuant to the Florida Live Local Act. The vote carried after one councilmember recused himself.
Resident Bob McConaughey, who identified himself as a Ward 6 resident, urged the council to reject the agreement and described the package as a taxpayer subsidy. McConaughey told the council the deal included about $2,300,000 in utility expansion reimbursement and a $184,000…
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