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Staff maps out future of city-owned property

July 31, 2013

City staff gave a presentation to the Cape Coral City Council Monday regarding the land the city owns, especially the parcels the city bought last year in a $13 million deal with money from......

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(18)

lightswitch

Jul-31-13 1:15 AM

It is worth noting when Deltona was purchasing foreclosed property in the city they were buying up homes at $28,000, $57,000, $92,000,$114,000, 128,000. Pieces of acreages for low prices like the homes I just listed and higher. I do not fault them other than those same prices were never a consideration for those first time buyers or individual buyers at the time. Hear is the rub the city bought the land scattered all over the city and is going to do one of two things. Either buy more land from Deltona at (I bet higher prices than they are even worth today.), forcing increased taxes for 2015. Or sell the $13.1 million or parts to Deltona at better prices than on the open market. I suppose that will be good but in any case we would face forced higher tax rate in 2015. Four of the Slick Six are up in 2015 Carioscia, Nestor,Erbrick,Donnell(Term). Take a look at what they put through for this tax year Nov 2013, and then worse in 2014! Electric Tax, Fire Assessment, 7.13% increased va

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lightswitch

Jul-31-13 1:23 AM

Anyone who has an account with Lee County Electric Cooperative is owed a Capital Credit every year. The account holder 2 years ago used to get a check. Last year it became a CREDIT (watch the word CREDIT). The money supposedly will be paid to the account holder when the account is closed, now. Look familiar? It is the city is going now talk about giving you a CREDIT of 1 mil (if it is there),. If they do not raise taxes so the CREDIT is wiped out! THE CITY HAS VIRTUALLY SPENT YOUR CAPITAL CREDIT FROM LEE COUNTY ELECTRIC.

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netransplant

Jul-31-13 8:46 AM

I applaud council for their visionary thinking in purchasing these properties at auction. Unlike some residents who can't see the forest for the trees I see the value in these properties, whether for utility or storm water use. Only 1+ million of this purchase money came from the general fund, so to tie these dollars to property taxes is misleading. When these properties are used or disposed of any excess money must be returned to their respective funds, not for tax relief as some dissenters will and are proclaiming. Council and staff took a lot of heat in the past for not purchasing lands at better prices, e.g. Festival Park. Leetz used to whine about that very thing but now he claims the opposite. Is he to believed anymore?

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lightswitch

Jul-31-13 10:02 AM

I want to applaud them too. Who else who needed $20 million for capital projects supposedly would spend 13 million for something they might need in the future?

If they had not spent it they would only have had to find 4 million dollars to provide what they supposedly have to have for capital projects? Oh but what if they did need a piece of property? Anyone can look up that nationally municipal government using eminent domain laws. In the economic meltdown years 2006 into 2013 the use of the law has increased 400%. I guess this is just more stumbling down the path of moving forward? Nice job staff and council. Keep on buying, borrowing, and burying this city until the reins have to be pulled in by the state.

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lightswitch

Jul-31-13 10:05 AM

Where is the money from the water & sewer fund used for this project that is being used to buy land not part of the water & sewer project?

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lightswitch

Jul-31-13 10:17 AM

It was also pointed out by council the loss of taxable revenue of this land pulled off the tax rolls was $250,000 at 2013 rates. We know the pumped up valuation hand out by Lee County Property Assessor's Office has a 7.13% increase in valuation. So the lost taxable revenue will be higher this year. Got a deficit? Not with all the new taxes and lack of millage reduction. Feed the media reduction of 2 mils. Reduce it to 1 mil in 10 days of the first announcement and now no millage reduction. Much of the announcement with no estimate from the Assessor's Office.

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1sandy

Jul-31-13 11:53 AM

lightswitch says "city is going to do one of two things, either buy more land from Deltona at (I bet higher prices than they are even worth today.), forcing increased taxes for 2015. But wait...if the new council is doing such a bad job, why would property values go up? The property will be worthless and the new RAG Council will be able to get this land for almost free. So, lightswitch, it will be a win win for all the taxpayers of the Cape. Bwahahahahaha...lightswitch, you are such a hypocritical idiot!

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Lolita

Jul-31-13 1:50 PM

For the record. Note....Today the Health Dept. notified those who have wells need to have them water tested for any contamination caused by the sudden heavy rains. Guess public water is to our benefit and please, dimbulb, spare us your your lengthy "facts and figures".

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Lolita

Jul-31-13 1:50 PM

Note: replace them to their...typo.

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lightswitch

Aug-01-13 6:37 PM

When a sale of land went through wouldn't it give a value to that land?

In other words the city created a value when it had very little. This land was not even put out to find a value just like Lee County and they received a slap on the wrist from the state for making such a large purchase and not having another party weigh in on its value.

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lightswitch

Aug-01-13 6:38 PM

Lolita the wicked witch from the west veering oof the yellow BRICK road.

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lightswitch

Aug-01-13 7:00 PM

The land is already purchased and the city manager had stated the money came from the water and sewer fund. At least pay attention. Hey how is that 2 point millage rate reduction, which is now a 1 point, which in now a NO MILLAGE RATE REDUCTION working for you? But I guess the city staff is now covered in all departemnts with a 3% increase in wages topped by a 5% BONUS?

The rest of the city is not ready for the added taxes are they6 but who cares right?

I guess the city will just have to make sure the opening is there for hardship cases, more food drives, etc..

Cape Coral, Fl. home of the "the modern ghetto."

Wait until these new taxes hit and the restaurant employees watch their "revenue source" tips dwindle. Cape Coral's life blood restaurants.

You see when the median household income income gross is $45266 for Cape Coral - Ft. Myers (source 24/7 Wall Street).

Who knows maybe the city is contacting Deltona Corp. to purchase the future foreclosures for non

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johngalt

Aug-01-13 7:52 PM

So the 651 acres are for reservoirs & marsh lands? Why would a “developed” area like Kape Koral need reservoirs or marsh lands? Have you seen an aerial photo of NW/NE Cape? [ Acres and acres of fresh water canals and ponds.] But if you’ve just annexed a bunch of “sensitive” lands (Zemel) you might need to mitigate to get approval from the State for future development. All of the former Theiman properties purchased are north of Pine Island Rd. (to my knowledge). But imagine how that acreage purchased (and removed from the tax rolls) [ UEP assessments] will affect the cost of per lot of future UEP! If your area, NW 1 or NW2 had 3000 lots prior to the purchase and 2700 after, the UEP cost per lot went up! “Do pay attention 007” the city does not pay itself for properties owned. Suckas!

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lightswitch

Aug-01-13 10:57 PM

How is that lake/pond coming in the future 5 Star upscale RV Park (I have dubbed LAKE McGRAIL?

While I welcome the business aspect of this project I deplore the fact it is being pushed by McGrail for his own entertainment. Why no update on this project Kev? The developer seemed so ready to move FORWARD.

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lightswitch

Aug-01-13 11:09 PM

johnGault why worry about taking land off the tax rolls when a city government has increased the tax revenue streams to be wasted on whatever pipe dream these creeps seem to desire. Most communities in the state and nation realized that SUSTAINABILITY is out of the question and made the necessary changes to make ends meet their revenues. Now even Lee County is showing that the breakout SEASON was not real. Not in tourism, housing, or NEW(?) BUSINESS. Just monkey business. Anuone heard from another old representative of Cape Coral Jeff Kottkamp former Lt. Governor. CEO my hat!!!

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Lolita

Aug-04-13 7:21 PM

Anyone noticed, while the crabbing about CC continues, The COUNTY raised the millage rate. No cries from the groupies here in Cape Coral? No demonstrations from the signature getters? OH, only for Cape Coral.

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lightswitch

Aug-04-13 9:02 PM

Ever notice the county keeps within the 3% cap? Ever notice the county does not have its head up against the debt ceiling?

Ever notice the county is not trying to "end run" its system by charging non ad velorem Taxes to over ride the Homestead Exemptions?

Did you ever notice the county gets it hand slapped by the State Of Florida and that is what the majority of taxpayers want for the city of Cape Coral.

Does the county have problems of course. Do they seem to correct them yes even if forced. They figures are more real and consistent day to day, month to month and year to year. Cape Coral pulls figures out of their hat they change daily from one media source to another or from public information director to council. Cape Coral needs to reined in and it will happen. We watched Edison College, Lee County Schools, Lee County land scam tightened up, people run off, and some may still be hauled in to do time for nonperformance. ie. the AWOL CEO not overseeing millions. Group

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lightswitch

Aug-04-13 9:06 PM

So Lolita figures if the county does something wrong it is just peachy keen okay the city of Cape Coral, Fl. can do the same. The big difference the state regulated the county closer. The state unless it comes through the courts states. If there is a city problem it is local politics. Which it is not.

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