Lee agrees to send $13.7 million to Bonita Springs for downtown project
Lee agrees to send $13.7 million to Bonita Springs for downtown project Disregarding concerns over budget constraints, Lee County commissioners unanimously agreed Tuesday to give Bonita Springs $13.7 million to redevelop its downtown. The arrangement works similarly to a community redevelopment agency: capturing increased tax revenue from higher property values and dedicating it to finance…