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Panama City CRA approves package of redevelopment actions, including TIF rebate, museum MOU and property buy
Summary
The Panama City CRA on Nov. 4 unanimously approved plan amendments, a $90,000 legal contract, a tax-increment rebate for Panama City I, LLC, an MOU supporting the St. Andrews Publishing Museum, purchase of a downtown lot and funding for Marina Uplands studies.
The Panama City Community Redevelopment Agency on Nov. 4 voted unanimously to approve a slate of redevelopment actions spanning plan amendments, consultant contracts, a tax-increment rebate, a property purchase and feasibility work.
The board adopted Resolution CRA-2025-1104.1 to transmit proposed community redevelopment plan amendments to the city commission and taxing authorities for ordinance adoption. The motion carried on a 5-0 roll call.
The board authorized execution of a professional services contract with the Burke Blue law firm in the amount of $90,000, with discussion confirming that…
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