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City to offer $1.45 million for Cypress Gardens Blvd. property to advance FDOT intersection realignment
Summary
The commission authorized staff to pursue purchase of 801 Cypress Gardens Boulevard for $1,450,000 to secure right-of-way needed for a proposed realignment of Eighth/Ninth Street and future FDOT intersection improvements; closing subject to due diligence and tenant lease conditions.
The Winter Haven City Commission authorized city staff to proceed with an agreement to purchase the commercial property at 801 Cypress Gardens Boulevard for $1,450,000 as part of a multi-year plan to realign Eighth and Ninth Streets and improve a signalized intersection.
City Manager (name not specified) told commissioners the property was appraised at $1,450,000 on May 1 and that the city has $1.5 million appropriated in the transportation fund…
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