other material
confidence high
sentiment neutral
materiality 0.40
Alico funds $5.07M wildlife crossing under SR 82 via Stewardship District agreement
ALICO, INC.
- Corkscrew Grove Stewardship District entered locally funded agreement with FDOT; Alico to fund construction.
- Alico deposits $5,071,439.33 within 14 days for a wildlife crossing culvert and road profile raise.
- CEO John Kiernan is Board Chairman of the Stewardship District; agreement supports Corkscrew Villages Project.
- Additional advances required if costs rise; FDOT will refund any excess deposits after final accounting.