Stuart pays $4 million to gobble up more waterfront property
Tuesday, March 10th, 2009 by TCPalm.comSTUART — The city of Stuart continued Monday to close in on the purchase of Arthur’s Dockside Waterfront Restaurant property adjacent to City Hall with commissioners authorizing just more than $4 million for the deal.
“We’re 98 percent of the way there at this point in time,” said Stuart City Manager Dan Hudson. “There’s only about one other item to nail down.”
Since agreeing to the purchase in December, the city has been negotiating with lien and mortgage holders on the property to arrive at a final price.
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