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Posted on: August 24, 2018

Partnership Aims to Clean-Up Downtown Panama City Property

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Update:

The Board for the Community Redevelopment Agency (CRA) approved a commercial grant in the amount of $29,850 to assist Yarbough Floyd, owner of the former Domestic Dry Cleaners, in the demolition of the vacant building.

The total cost of the project is $59,700 and includes demolition to the slab and asbestos removal. The Downtown Improvement Board (DIB) is also putting $29,850 towards the cost of demolition. The City will, in turn, put a lien on the property in an effort to help the DIB recoup the funds.

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Previous version:

The Board for the Community Redevelopment Agency (CRA) will consider on Tuesday, August 28, 2018 whether to partner with the Downtown Improvement Board (DIB) to demolish the former Domestic Dry Cleaners building at 417 Grace Avenue.

The Department of Environmental Protection (DEP) has indicated the agency will clean up the contamination that is associated with the former dry cleaner, which is eligible for state-funded cleanup under the Dry Cleaning Solvent Cleanup Program. The site has soil and groundwater contamination that will be addressed by the Program, but the Program cannot use cleanup funds for costs such as building demolition.

The DIB is putting $30,000 towards the cost of demolition. The City will, in turn, put a lien on the property in an effort to help the DIB recoup the funds. Under the proposal, if approved, the CRA will also allocate $30,000 for demolition but not seek reimbursement because the project falls under the CRA’s grant guidelines and redevelopment goals.

The property is currently listed for sale.

The Board for the CRA will meet on Tuesday, August 28, 2018 after the City Commission Meeting in the Commission Meeting Room located in the Bay County Government Complex, 840 West 11th Street. The agenda information is available here.

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