Council advances redlined golf-course ground lease, debating term, rent and assignment rules
Sebring council reviewed a redline ground-lease tying the municipal golf course to a proposed hotel. Major points: reduction of a requested 99-year term to 50 years, continued $1/year nominal rent in the draft, protections for member pricing and a proposed June 15 deadline for final agreement; council authorized the city attorney to revise the lease as discussed.
The full story
The Sebring City Council spent the majority of its May 19 meeting reviewing a redline ground-lease proposal that would tie operation of the municipal golf course to a proposed hotel under the Blackman group submission to the city’s RFP process. Bob, the city attorney, led a page-by-page walkthrough of the draft that the city characterized as a more city‑favored version of the document the Blackmans had provided.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in