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Destin Log in Destin, Florida

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Destin Log

Location

Destin, Florida, United States of America

Date

Sep 14, 1985

Page

6

Destin residents weigh taxes and city services

Councilman Danny Woodward says most residents understand city operation costs and oppose a broad tax rise. Officials attribute discontent to multiple tax increases and timing. An FSU study for the Florida League of Cities surveyed 1,625 people in Bartow, Bradenton, and Orlando with a 2 percent margin of error.

Danny Woodward Destin Woodward FSU Paul Beck Hal Rainey Florida League of Cities Bartow Bradenton Orlando

Market Slump in 1970s Condos Cited by Officials

Hilburn notes slow market feel this year but not as severe as 1973 74. Cox outlines a nationwide recession risk while prices keep high. Condos selling but old stock stagnant. slumps blamed on price levels. LaChapelle warns stagnation may self-correct yet buyers risk delays. Reagan tax reform adds uncertainty. delay risks missing bargains.

Cox Destin Jerry LaChapelle

Destin Debates Mill Levy and Revenue Sharing Impact

Dorman explains ad valorem tax reliance and license fee revenue for Destin while the fire district’s .75 mill levy contributes to the 3 mill equivalency. City faces a budget hearing on Sept 26 with no pledge against further millage cuts, and Dorman notes it is impossible to determine Destin’s eligibility for revenue sharing with a 1.5 mill levy.

Dorman

Destin Council Tax Debate Focuses on Millage and Services

Dorman warns that reducing the millage by another tenth could eliminate Destin’s eligibility. He favors cutting franchise fees over the ad valorem rate if cuts are needed, noting residents want lower taxes yet higher services. He defends levy by recalling taxes stay in Destin, a key reason for incorporation.

Dorman Destin

Foreclosure suits target Silver Sands site in Destin area

FDIC alleges $10 million stolen from a Jacksonville bank funded real estate work on the Silver Sands Hotel Cottages property. First Destin Service Corp defaulted on a 151000 payment, with 13 million of a 25 million promissory note due Sept 30. Phenix Federal sues Destin Service Corp for a 3.9 mortgage note default, naming Cecil Miller Richard Barrington Destin Princess Development Corp and others.

Silver Sands Clary First Destin Service Corp Jacksonville Bank FDIC Phenix Federal Savings and Loan Association Phenix Federal Phenix Destin Service Corp Cecil Miller Richard Barrington Destin Princess Development Corp First National Bank of Destin Baskerville-Donovan Engineers Inc Rodgers Construction Co Alpha Monetary Systems World-Wide Design Associates of Destin Act V Realty Inc. of Destin Raymond Richardson and Associates of Destin

Mackerel Moratorium Debate Shapes Gulf Coast Policy

The Mackerel Fisheries Commission awaits Brawner's decision on a possible ban with NMFS predicting a 50-50 shot at an emergency Gulf moratorium. Florida waters may face a 90 day ban while other Gulf regions resist. Captains warn of legal battles and economic impact if a broad ban is imposed.

Jim Cole Sea Hawk NMFS MFC Florida Cole Brawner Davis New Orleans Alabama Mississippi Louisiana Texas Gulf Coast U.S Gulf Gulf States Gulf of Mexico Atlantic William Frank Davis Anastasia 3 Conner Davis

Also Mentioned on This Page

Taylor Hilburn LaChappelle Reagan LaChapelle Delatay the Shores Destin, FL Ark's Tooth Mariner's Cross Windsurfer FC Nalure Disney World Disneyland Eglin Pkwy Shalimar Dr. Rains American Red Cross First National Bank of National Ocean City Mary Esther Crestview Walton Hurlburt Equal Housing Leader Walton Alum Jackson St Ladies Apparel & Shoes Ptcu M Califor Yves Saint Laurent Charles Jourdan Christian Dior Neiman Marcus New Fa Evan-Picone ChestNut Ave Ft. Walton Agency Life Aetna Casualty & Surety Travelers Hartford Fire Insurance Co. of North America U.S. Fire Insurance Co Group 50 Miracle Strip Pkwy S.E. FT. Walton Beach
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