x. 5.3 Recapture and Repayment of Funds - Chairman Allan Branch

Community Redevelopment Board · 2026-06-02 · agenda_item

The Community Redevelopment Board of the City of Panama City is reviewing a plan that requires demolition and site preparation work to be finished within six months. Vertical construction must begin within six months after that. Failure to meet these deadlines will require repayment under a plan that can last up to 24 months. This item has been approved by the board. The project will involve site clearing and grading, followed by vertical framing and structure. Contractors specializing in demolition, site preparation, and general construction could find opportunities. Reaching out to the city or relevant parties early, before specific bid packages and permits are finalized, offers the best chance to secure work.

repayment_plan_maximum_duration

24 months