Panama City Commission opens Sweetbay transportation funds beyond three roads, directs priority for Frankfort Avenue

Panama City commissioners voted 5-0 on Jan. 14 to approve Addendum 2 to the Saint Andrew Bay Land Company LLC developer agreement (known locally as Sweetbay), changing where a developer’s $3,100,000 transportation contribution may be spent and adding an express direction that the city first look to use funds on Frankfort Avenue right‑of‑way and paving work.

The change, presented by city staff as a follow-on to earlier negotiations, removes a narrow list of previously prioritized roads and substitutes a “plan perimeter” — a geographic area shown in the agreement’s exhibit — in which the developer’s contribution may be used. Commissioners, however, adopted a separate insertion specifying that the up‑to‑$3,050,000 portion intended for paving be applied first to Frankfort Avenue and associated right‑of‑way improvements, then to other locations inside the plan perimeter.

City Manager Jonathan Hayes summarized the…