Florida proposes $122M to buy land, then lease it back for agriculture

By Bruce Ritchie | 03/20/2024 12:05 PM EDT

The state would buy the 25,039 acres from companies with ties to Tarpon Blue and the Collier family, which owns vast citrus and grazing lands in southwestern Florida.

Kathleen Passidomo claps during a legislative session.

The southwest Florida deal would use a lease-back provision created by the Legislature in 2023 for a portion of a 75,000-acre project championed by state Senate President Kathleen Passidomo (R). Wilfredo Lee/AP

TALLAHASSEE, Florida — Florida environmental officials are proposing that the state spend $122 million for 25,000 acres of agricultural land in southwestern Florida — and then lease it back to the landowners for free.

The governor and Cabinet on March 26 will consider the proposal and four other conservation purchases totaling $219 million.

The southwest Florida deal would use a lease-back provision created by the Legislature in 2023 for a portion of a 75,000-acre project championed by state Senate President Kathleen Passidomo (R).

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Lawmakers revealed budget-implementing bill language toward the end of the legislative session that required land deals within the Caloosahatchee Big Cypress Corridor project to include lease-back offers.

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