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Panama City- DIB could ditch debt

PANAMA CITY —  Members of the Downtown Improvement Board (DIB) heard signs of a positive outcome for their debt woes during a special meeting Thursday. Board members originally discussed selling downtown parking lots owned by the DIB to pay its $58,789 in outstanding debt. About $50,000 of the debt is accruing interest at 4.75 percent. DIB members…


A Sarasota building boom, but how big?

SARASOTA – A building boom unlike any the city has seen in almost a decade could soon be underway in Sarasota’s urban core. Some two dozen potential developments in or adjacent to downtown’s Community Redevelopment Area (CRA) are in some stage of construction or planning — and many are stalled projects from the housing bubble of…