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Residents ask council about $500,000 mortgage and long-vacant downtown properties
Summary
During public comment, residents raised concerns about a downtown building said to carry a $500,000 mortgage, long-vacant properties purchased years ago, and tenants' difficulties with management and rent collection.
Residents addressed the St. Marys City Council during the public comment period with questions about downtown properties and rental-management issues, pressing the council and staff for clarity on an outstanding mortgage and on plans for long-vacant buildings.
A resident asked whether the city-held mortgage on the Fort Myers building was for $500,000. Zach, identified in the meeting as a city staff member, replied, “500,000,” when asked about the mortgage amount. The resident followed by listing other figures he had heard and pressing for information about whether the city would…
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