Lakeland board OKs budget with no property-tax hike
“Taxes stink, but they are necessary to accomplish our goals as a city,” Lakeland Mayor Josh Roman said after the meeting.
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“Taxes stink, but they are necessary to accomplish our goals as a city,” Lakeland Mayor Josh Roman said after the meeting.
Leaders of the Memphis suburb intend to avoid a property tax increase for the coming fiscal year that begins in July.
Developer Yehuda Netanel has fallen short in his attempt to obtain the necessary financing to save his The Lake District project in Lakeland.
While increased interest rates and rising cost of materials have slowed the housing market, things could improve by the end of this year or the first of 2025.
The Heathfield project received its latest approval during a Lakeland Board of Commissioners meeting this week as development along U.S. 70 steadily continues.
The Lake District financing again appears to be in limbo as deadline passes, but foreclosure delayed.
“We’re excited for this next chapter in the development of the Lakeland Gateway,” City Manager Michael Walker said. The motel will be the second Lakeland has torn down in less than six months.
The Lakeland Municipal Planning and Design Review Commission recommended approval for the Heathfield mixed-use planned development outline plan at the future northwest corner of Seed Tick Road and U.S. 70.
Lakeland officials say the necessity of finishing a road could help ease traffic in some nearby neighborhoods.
Rising construction costs have the town’s Board of Commissioners looking at phasing in work for the New Canada Road.
“I do worry about the amount of growth that is coming,” said Kimley-Horn engineer Doug Swett, citing the impact of Ford’s BlueOval City.
A bankruptcy judge’s denial of a reorganization plan for The Lake District casts another level of doubt that the developer — Yehuda Netanel — can resurrect his vision for the Lakeland project.
The long-discussed Equestria development in Lakeland gets a slim approval, while the suburb continues discussions with the Shelby County Sheriff’s Office for an office there.
The bankruptcy case involving The Lake District mixed-use development in Lakeland began Monday with developer Yehuda Netanel among those taking the stand to defend his financial status.
The financially troubled multi-use project will head to court Feb. 5 after filing bankruptcy and losing the townhome section of the development.
While financial issues seem to follow The Lake District, developer Yehuda Netanel defends the mixed-use project and declares optimism.
The Lake District continues to suffer financial problems, according to a report to the Lakeland Board of Commissioners.
A suggestion to change the status of Garner Lake in Lakeland and making the private water feature accessible to outsiders was met with strong opposition.
Lakeland has changed directions on the future for the Relax Inn on Canada Road by buying the property instead of going through the condemnation process.
Lakeland officials continue to work on redesigning the area around Interstate 40 and Canada Road and have voted to condemn the motel north of the interchange.
Organizers aim to highlight the creativity and talents of Lakeland residents by hosting the group’s first-ever Arts & Crafts Festival next month on the town square.
A key piece of property in the redevelopment of the Lakeland Gateway area is one step closer to belonging to the city.
Retail is growing in Lakeland as the suburb looks to improve its image and benefit from the strong business climate.
theRefuge church has become fed up with sketchy activity at an Econo Lodge and wants Lakeland to condemn the property and close it down.
Lakeland officials approved the budget for the coming year, which will be funded by a 15-cent property tax increase.