City of Venice mulls $1.6M offer to settle Neal permit fee dispute


The Neal Communities headquarters at 5800 Lakewood Ranch Blvd., Sarasota.
The Neal Communities headquarters at 5800 Lakewood Ranch Blvd., Sarasota.
Photo by Bobrien12
  • Manatee-Sarasota
  • Share

Years after mediation talks began, developer Neal Communities of SWFL and Neal Signature Homes LLC proposed a settlement with the city of Venice over its builder fees.

The prolific homebuilder, based in Lakewood Ranch, has offered to resolve the dispute for $1.6 million, including a stipulation that it not have to pay builder fees going forward.

The attorney listed for Neal, S. William Moore, declined to comment, saying by phone there was "no settlement until it's approved."

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content