Royal Harbor Update: September 17,2018

What a week. If you are like me, you spent a lot of time watching Hurricane Florence and remembering just a year ago this was us. All hurricanes are bad on those they directly affect, but they also affect us in ways we may not realize. Take our insurance costs. Big disasters cause all at-risk areas to get increases. This includes homeowners and boat insurance especially. We are all waiting for the shoe to drop on flood insurance. We know that the federal government now is subsidizing most of the cost of this and that they are looking to slowly ween the public off the subsidy. These big expenditures for coastal housing recovery will add fuel to those wanting to cut back on the governments costs.  As we look at North Carolina, one can see that with the enormous amount of rain, areas not in flood zones will flood. So many will need assistance and have nowhere to go as flood insurance was not available. Then those who chose to gamble and did not buy the insurance will be stuck also. Expect this to be a political football in the elections. But the outcome will affect your pocketbook.

The city has a new manager. I have not met her but the newspaper has done a good article about her past record and it looked like she got a vote from every council person. I think she starts right away.

On flooding again. You know whenever we get a big rain in Naples there is flooding along the gulf coast road. Along this road in various spots the city has large outflow pipes that collect water in and along the road and lets it flow under the roads and under the beach out to the Gulf. If you walk the beach these are visible. The State of Florida has mandated for nearly a decade that the city make a plan to eliminate these. The state has said unless the city resolve this they will not permit sand nourishment along the beaches. (among other threats) The big problem is no one knows what to do with the rain water when it builds up. If you cannot funnel it to the Gulf, then what?   A remedy has been proposed that will involve the city collecting the water in underground drains, pumping it to a central holding area, filtering it and then pumping it out over 1000 feet into the gulf. If approved, it will be done over the next 3 years. I do not remember the cost, but it will be plenty.

I was told all the street signs, stop signs, etc should be fixed and looking good by the end of November.

I am sure most have heard Naples is a Blue Zone city. This means that the city has voted to try and follow the Blue Zone  guidelines. This nationwide  program has many facets. Some are community events. (getting communities to go on walks, projects etc to bolster fitness and neighborly spirit,) they also have restaurant guidelines asking for healthy meals, (a number of city restaurants are now doing this). So healthy eating, fitness and community. Good concepts. Where we fit here is unknown.

The city is also doing a city-wide vision statement to try and see what the residents of Naples would like to see happen in the next 5 to 10 years. To do this they are trying to get volunteers from all the areas  in the city to be represented at various meetings. These area representatives would speak for their respective areas and carry back to their associations the thoughts of others for their consideration. Anyone out there interested in volunteering for this?

Real estate since the last update:

8/27   1939 Tarpon            Pending w/Cont     listed at $1,200,000

8/28   2375 Tarpon            New                           $2,395,000

9/10   2540 Tarpon            New                           $2,580,000

9/12   1560 Bluefin             New                           $3,997,500

9/12   1920 Tarpon            New                           $3,800,000

9/13   1300 Cobia               New                           $1,599,000

9/13   2155 Shad Ct           Pending                     listed at $3,900,000

9/14   2500  Tarpon          Sold                            $1,900,000

More later

Real estate since the last update:

8/27   1939 Tarpon            Pending w/Cont     listed at $1,200,000

8/28   2375 Tarpon            New                           $2,395,000

9/10   2540 Tarpon            New                           $2,580,000

9/12   1560 Bluefin             New                           $3,997,500

9/12   1920 Tarpon            New                           $3,800,000

9/13   1300 Cobia               New                           $1,599,000

9/13   2155 Shad Ct           Pending                     listed at $3,900,000

9/14   2500  Tarpon          Sold                            $1,900,000

More later

Terry

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