Fuel Depot property transfer postponed

By Tiffany Jackson | tjackson@wmbb.com

Published 07/26 2016 10:14PM

Updated 07/26 2016 11:48PM

The transfer of the Lynn Haven Fuel Depot property was supposed to go through this month, but it has been postponed a couple weeks. 
The Air Force currently owns the more than 180 acre property. The city has agreed to buy that land, then turn around and sell it to a developer in the same transaction. 
City officials say the hang up is with the developer, Bluewater, as they were not ready for the transaction.
The Air Force has agreed to extend the purchase period to August 15th.
If Bluewater is still not ready by then, the city will open up the bidding process to other developers

Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

comments powered by Disqus