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Commission presses developer on parking, infrastructure, and fire station timing in Marina Island agreement
Summary
Lynn Haven commissioners reviewed a draft development agreement for the Marina Island project and pushed staff and the developer to tighten timelines and public‑benefit guarantees before public hearings.
Lynn Haven commissioners reviewed a draft development agreement for the Marina Island project and pushed staff and the developer to tighten timelines and public‑benefit guarantees before public hearings.
City legal staff said the agreement secures entitlements for 30 years but that many public obligations included in the contract go beyond the statute's minimum content. The draft requires infrastructure for Phase 1 to be completed by the end of that phase and includes an escrow requirement equal to 10% of the estimated cost of that infrastructure; staff said similar escrow or deposit requirements would…
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