The City of Fort Myers might get a holiday bargain of sorts.
Monday, city leaders will discuss a new contract to buy The News-Press building at 2442 Dr. Martin Luther King Jr. Blvd, along with the fire station next door.
The future home of the Fort Myers Police Department includes 12 acres of land which occupy the southwest corner of Fowler Street and MLK Blvd.
In late September, City Council approved paying $9.2 million for the two adjoining properties.
But now it looks like that price tag will drop $300,000 to $8.9 million.
Why? The city council agenda cites “The presence of petroleum hydrocarbon impacted groundwater on the fire station property.” An environmental issue that will have to be cleaned up.
The City notes two different possibilities for the environmental assessment and the cleanup:
- $62,500 and up to six years to complete.
- $115,000 and two years to complete.
The second, more aggressive approach, would cost $52,500 more but cut the timeframe by two-thirds.
As for what this might mean for a construction timeline, we don’t quite know yet.
City Council members will discuss the new price at a Monday meeting at 4:30.