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Lakeland Regional aims to prepay its lease through 2040, then pay $10 a year


LAKELAND   Lakeland officials will consider whether to accept a $215 million payment from Lakeland Regional Health to end its current hospital lease. Doing so, will have a radical  impact on the city s finances. 
City commissioners are scheduled to vote Monday on whether to accept a deal in which Lakeland Regional Health would prepay $215 million to fulfill all remaining hospital lease payments through September 2040. Afterward, the hospital would pay the city $10 per year going forward. 
I m not alone in thinking the hospital lease is one of the most challenging issues to resolve in the coming years, Commissioner Chad McLeod said. This is a win for both sides that brings certainty into the situation. ....

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Lakeland allows expansion of apartment homes near Carillon Lakes


LAKELAND  After nearly six hours of presentations and debate, the Lakeland City Commission granted a request Tuesday to double the size of a new development near Carillon Lakes.
In a 4-2 vote, the commission authorized developer Matcon Construction Services Inc. to build an additional 158 residential units at 3301 Airport Road. In 2006, a zoning change allowed for 142 units to be built on that land; two-story townhomes were planned but never built. Now, Matcon will put 300 apartment units up in several three-story buildings. 
Commissioners Sara Roberts McCarley and Chad McLeod voted against the proposal. Commissioner Don Selvage, who is temporarily filling the seat vacated by U.S. Rep. Scott Franklin, recused himself from the decision because of a financial conflict of interest. ....

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