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CRA board approves sale of Longleaf parcels to UniK Fenestration for $663,050
Summary
The City of Lake Wales CRA board approved a letter of intent and authorization for staff to finalize sale documents with UniK Fenestration for $663,050 for four Longleaf business park lots, with milestone clauses requiring permitting activity within 18 and 36 months.
The City of Lake Wales Community Redevelopment Agency board voted to accept a proposal from UniK Fenestration and authorized the executive director to sign a letter of intent and subsequent sale-and-purchase agreement for Longleaf business park parcels.
Staff presented three responses to RFP 20 and recommended UniK Fenestration because, staff said, the company is ready to set up a local operation and is offering market-rate payment for the parcels. "They're paying market rate," a staff member said during the presentation, adding that UniK intends to buy four of the…
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