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City attorney says Dixie Wells Building closing expected Monday; settlement statement not yet received
Summary
City Attorney updated the commission on the city’s pending Dixie Wells Building closing: settlement funds have been received by the seller’s counsel but closing documents and settlement statement showed outstanding items, and the contract requires closing by Monday the 12th.
Lake Wales — During the May 6 meeting the City Attorney told the City Commission the sale of the Dixie Wells Building was expected to close by Monday, May 12, 2025, per the settlement agreement but the city had not yet received the settlement statement needed to confirm closing costs and tax payments.
The attorney reported that the seller’s counsel…
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