Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Developer gets more time to close Temple Terrace deal

TEMPLE TERRACE — For the fourth time in 2008, the Temple Terrace City Council has granted a contract extension to the developer of their downtown redevelopment project.

Ram Development representative Bob Skinner asked the council for another nine months to close on the $14.9-million sale of city-owned land at 56th Street and Bullard Parkway.

The developer and city have been negotiating for two years.

"With the market how it is now, I can't make any guarantees that we'll close," Skinner said.

He offered to pay up to $25,000 a month, part of the interest on the land, as a sign of good faith.

In the end, all council members but Ken Halloway voted to give the developer the extension, with the provision that he would have to give 90 days' notice if he terminates the sale.

Skinner said he would have to take that up with the development company executives, and if they say no, the deal is off.

Developer gets more time to close Temple Terrace deal 09/03/08 [Last modified: Wednesday, September 3, 2008 11:42pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Storm routs Cleveland

    Storm

    TAMPA — Alvin Ray Jackson intercepted two passes, returning one for a touchdown, and recovered two fumbles as the Storm routed Cleveland 57-27 Saturday night in its home regular-season finale at Amalie Arena.

  2. Miscue sends Rays to another stinging loss to Rangers (w/video)

    The Heater

    ST. PETERSBURG — The Rays gave away DJ Kitty onesies Saturday night. Then they gave away the game.

    Rays centerfielder Mallex Smith misses a drive hit by Adrian Beltre with two outs in the sixth, allowing the tying runs to score. Beltre puts Texas ahead 4-3 when he scores after two wild pitches.
  3. Rowdies shut out Charleston

    Soccer

    ST. PETERSBURG — The Rowdies know a thing or two about stalemates, with five of their past 10 games ending in a draw.

    Rowdies in the first half during the game between Tampa Bay Rowdies and the Charleston Battery at Al Lang Field in St. Petersburg, Fla., on Saturday, Jul 22, 2017.
  4. 13-year-old Janessa's father holds memorial service at Rogers Middle School

    Crime

    RIVERVIEW — About 100 people sat in the tile-floored multipurpose room Saturday at Rodgers Middle School where Janessa Shannon once sat as a student.

    A mourner embraces Nahshon Shannon after the memorial service for Nahshon’s daughter, Janessa, Saturday at Rodgers Middle School in Riverview.
  5. Trump: Aircraft carrier a symbol of America's might (w/video)

    Politics

    NORFOLK, Va. — With praise and a blessing for the military, President Donald Trump helped hand over the USS Gerald R. Ford to the Navy on Saturday and said the state-of-the-art aircraft carrier will send a "100,000-ton message to the world" about America's military might when it is ultimately deployed.

    President Donald Trump commissions the USS Gerald R. Ford on Saturday in Norfolk, Va.