City Approves Agreements to Purchase YMCA
Last updated 2/5/2020 at 3:02pm
Lake Wales City Commissioners Feb. 4 approved lease and operating agreements to pave the way for purchasing the Lake Wales Family YMCA.
Commissioners at their Jan. 20 meeting approved the purchase of the property for $565,000, but still had some contract language they wanted modified before proceeding. Deputy Mayor Robin Gibson, an attorney, helped revise the contracts with the YMCA of West Central Florida and said Tuesday he was satisfied.
The city in December agreed to borrow $900,000 for the purchase, related costs and renovations.
All five commissioners support the purchase and leasin...