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Council reaffirms JC Park contract amid dispute over earnest money, fines and weekly reporting
Summary
Council voted to reaffirm the JC Park concession agreement after months of public debate. City attorney and staff described a legal dispute with the concessionaire, including unpaid earnest money, $50-per-day fines and 18% annual interest; staff said no payments had been collected and legal uncertainty remains.
The Cape Coral City Council voted Jan. 22 to reaffirm the city’s contractual commitment relating to JC Park after weeks of public comment and council discussion about unpaid earnest money and whether council statements had undermined the agreement.
Council members and residents raised multiple questions about the concessionaire’s failure to remit $1,300,000 in earnest money, whether fines have been imposed and who receives weekly cost reports tied to construction. Citizen speakers asked how much work had been performed, who paid to clear land, and whether…
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