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$10 million loan approved for improvements to Bay Oaks, Bayside Park, Times Square

Fort Myers Beach Town Council
Posted at 12:54 AM, Nov 19, 2020
and last updated 2020-11-19 00:54:31-05

FORT MYERS BEACH, Fla. — In its regular bi-monthly meeting on Monday, Nov. 16, Town Councilors finalized a $10 million loan that has been secured through First Florida Integrity Bank to fund improvements for Bay Oaks Recreational Campus, Bayside Park, and Times Square.

Resolution 20-51 was adopted at the meeting and authorizes the closing on the tax-exempt loan.

In other discussion, Town Councilors commented on the previously approved design concepts for Bayside Park prepared by the design firm DRMP, Inc. The Council emphasized their preference for more shade trees and an enhanced veterans tribute.

Further discussions by Town Councilors on the design concepts are slated for the Management and Planning Session on Thurs., Dec. 3, at 9 a.m. Discussions will include the Times Square clock replacement and the iconic feature - decorative sails - that are in the design plans from DRMP. As a follow up to resident comments made at previous council meetings, Council plans to discuss if there is a suitable location for the historic arches.