Home Featured News Collier County Commissioners approved $20M purchase of William Reserve in Immokalee

Collier County Commissioners approved $20M purchase of William Reserve in Immokalee

by The 100 Companies

At the May 28 Board of County Commissioners Meeting, the agreement for the sale and purchase of the 2,247+/- acres of property at Williams Reserve at Lake Trafford, Immokalee, was approved with all commissioners in favor.

Originally, the Sellers had the right to rescind the agreement if the Board approved a purchase price lower than $23,000,000. However, the Board and County were able to negotiate a final price of $20,770,000, saving taxpayers nearly $2.3 million.

Possible uses have been identified, including conservation, affordable and workforce housing, parks and recreation, transportation infrastructure, stormwater management, and economic development.

Learn more: collierclerk.com

– Crystal K. KinzelClerk of the Circuit Court and Comptroller

You may also like

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The SWFL 100
Verified by ExactMetrics