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Commissioners permit Hendry-LaBelle recreation board to proceed with financing application for Forry Park concession project
Summary
The Hendry-LaBelle Recreation Board will proceed with loan application and a design-build bid process for a multimodal concession building and field completion at Forry Park; commissioners asked for more time to review financing details before final approval.
The Hendry County Board granted the Hendry-LaBelle Recreation Board permission to proceed into the financing application and bid/procurement process for a new concession and restroom building at Forry Park but did not approve final funding tonight.
A representative of the Hendry-LaBelle Recreation Board told the board the rec board voted 5–0 to move forward with financing and the procurement process; the loan package discussed with the board included a proposed 25-year adjustable-rate mortgage (ARM) request for $2.5 million from First Bank of Clewiston. The presenter said staff expects construction bids to…
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