What's with Palmetto CRA giveaway?

I am not a Palmetto taxpayer, but if I was I know what I’d be asking myself:

What is the deal with the old CBI Building at 924 Fifth St.?

Three years ago the Palmetto Community Redevelopment Agency purchased the property with $764,500 of taxpayers’ money.

Said it was blighted and the CRA hoped a buyer would turn it into a boon for the Main Street business corridor.

Then the economy tanked and nothing came of it.

So Thursday the CRA approved its proposed sale to a developer for $100,000.

Say what?


Read more in Mannix About Manatee on Sunday.