Cape agency, condo owners to discuss buyout [South Florida]
A price can be put on land and buildings, but residents of Cape Coral’s Hurricane Charley-mauled Sunset Towers will be asked to put a price on their hopes today.
The Cape’s Community Redevelopment Agency plans to discuss offering the residents a minimum of $11 million from a state grant program for the uninhabited property at a special meeting in the agency office at 3 p.m today.
“This will benefit all Cape Coral,” said Suzanne Kuehn, redevelopment agency executive director. “And it will give the residents a good way to solve the problems with the buildings.”