VERO BEACH — Vero Beach’s long-awaited Three Corners project is moving forward, but city officials say they need additional time to negotiate terms with the developer before the next major milestone can be reached.
City Manager Monte Falls recently requested a 30-day extension to a deadline established in the project’s letter of intent as city staff and developer ClearPath continue working through details of a master developer agreement and lease terms.
“The letter of intent gave us 120 days to do that, then with a 30-day extension. The 120-day period will be July 11th, so we will not have another meeting before that. So, we are making a recommendation to extend it 30 days, which would take us to August 11, which actually coincides with the council meeting date,” Falls said…