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Doral council approves $21 million budget amendment to fund settlement and land acquisition
Summary
The City Council approved a fiscal year 2024–25 general fund amendment that adds a $21 million net increase in expenditures to fund a settlement agreement and land purchase from Doral 10 LLC, to be paid from fund balance/reserves.
The City of Doral City Council on Feb. 12 approved an amendment to the fiscal year 2024–25 general fund adding a $21,000,000 net increase in expenditures to fund a settlement agreement and the acquisition of land from Doral 10 LLC.
Finance Director Solange Perez told the council the budget change is needed to fund the settlement agreement and land acquisition approved previously…
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