Update Everglades Reservoir changes on Nov 7, 2018 - SanCapRE.com

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Update Everglades Reservoir changes on Nov 7, 2018
Posted December 03, 2018

On Oct 10, 2018, the US Senate authorized the construction of the Everglades Reservoir. On Nov 7, 2018, one day after the election, the South Florida Water Management District announced that the reservoir land owned by Florida tax payers would be used to extend a lease with New Hope Sugar Co., a subsidiary of Florida Crystals. The lease would have expired at the end of March. It will now extend until March 31, 2027. But provisions allow the district to take parts or all of the land back, with four months notice, for construction of the reservoir.

Posted By: Sabina news from Nov 7 2018
December 03, 2018 10:21 AM

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