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Council presses ClearPath on financing, easements, manatee protections and contingency assumptions

Vero Beach City Council · April 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council members sought details about ClearPath's financing partners after a prior backer withdrew, asked whether easements or FDOT restrictions affect design, and flagged low contingency assumptions; ClearPath said Hageman is engaged and the team will comply with manatee-plan updates.

Council members focused follow-up questions on financial readiness, easement needs, marina permitting and contingency planning during ClearPath’s presentation to the Vero Beach City Council.

A council member asked about an earlier financial backer that had dropped out; ClearPath said that party’s withdrawal was unrelated to the project and that Hageman has been brought on as a financing partner. Tom Peck of Hageman, joining remotely, told the council Hageman can fulfill part of the financing role and could help…

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