Make us your home page

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Pasco County Commission discounts ComPark 75 parcel's price to attract new business

NEW PORT RICHEY — Pasco County would give up ownership of a 4-acre parcel in a Wesley Chapel industrial park to attract a new business under a deal approved Tuesday by a divided County Commission.

The move would return the land at ComPark 75 to private hands after the county took it for a future "public safety site" in a 1999 deal with previous owners. The property has sat vacant since then. Commissioners hope to attract a new company by selling it at a discount.

"That should help a business, if you're thinking about coming here, to move quicker," said Commissioner Jack Mariano.

But the deal isn't done. The industrial park's owner, who had demanded the county return the land, could only sell it for half of its appraised value. That might not be enough for ComPark owner Larry Morgan to sign off on the plan.

An earlier proposal would have let Morgan sell the parcel for the full appraised value of $350,000, which is roughly 15 percent less than what it could fetch on the open market. A majority of commissioners said cutting the price in half gives a business the incentive to move in quickly.

It also wouldn't leave the county on the hook for more money if the business creates more jobs than required and qualifies for additional incentives.

Commissioner Pat Mulieri vocally opposed the plan: "If you owned that property, would you think that's a good deal?" After struggling with the decision, Commissioner Henry Wilson sided with her.

Spring Engineering president Rich Bekesh has been lobbying commissioners on behalf of Morgan. During discussion, Bekesh left the audience and stood silently at the lectern as an associate argued Morgan's position.

After the 3-2 vote, Bekesh demanded to know which commissioners voted for the deal.

"This is a two-party agreement," he told the board. "Both parties have to agree. Now I have to go back and sell it (to Morgan)."

Pasco County Commission discounts ComPark 75 parcel's price to attract new business 03/22/11 [Last modified: Tuesday, March 22, 2011 8:13pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. For starters: Rays vs. Angels, with Cobb leading the way


    Rays veteran RHP Alex Cobb had a lot to say Monday about the team needing to focus on getting past .500 and building a winning record.

    And after the disappointing 3-2 loss that …

  2. Tampa murder suspect told police he wanted to stop neo-Nazi roommates from committing acts of domestic terrorism


    TAMPA — After he admitted to shooting two roommates and led police to their dead bodies, Devon Arthurs said he committed the killings to prevent the pair from carrying out terrorist acts, according to a new court filing.

    Devon Arthurs, 18, told police  he shared neo-Nazi beliefs with his roommates, Jeremy Himmelman and Andrew Oneschuk, until he converted to Islam, according to a police report.
[Tampa Police]
  3. Pinellas School Board approves plan that aims to close achievement gap


    After months of behind-the-scenes negotiations, the Pinellas County School Board on Tuesday unanimously approved a plan that aims to tackle the achievement gap in 10 years and settles a long-running lawsuit over the education of …

    "I'm an optimist. I think this is going to work," Pinellas School Board member Linda Lerner said Tuesday after the board was presented with a plan that aims to settle a long-running lawsuit over the education of black students and close the achievement gap. The board voted 7-0 to approve the plan. [DIRK SHADD   |   Times]
  4. With big concerts approaching, Tampa Bay venues remain vigilant after Manchester attack

    Public Safety

    In the aftermath of an explosion that killed at least 22 people — including children — moments after a pop concert ended in England on Monday night, local venues are assuring the public that security will continue to be tight at the Tampa Bay area's upcoming big-ticket shows.

    Fans cross Himes Avenue in Tampa toward Raymond James Stadium before the start of Beyonce's Formation World Tour in Tampa on April 29, 2016. [LUIS SANTANA | Times]
  5. Kahwa Coffee to open second drive-thru store in St. Petersburg


    Kahwa Coffee will open its 12th location and fourth with a drive-thru in a former "farm store" in St. Petersburg.

    Kahwa Coffee will open its 12th location and fourth with a drive-thru in a former "farm store" in St. Petersburg.
[Times file photo]