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Wednesday's Daily Pulse
What you need to know about Florida today
› Seacoast eyes Miami expansion with $488.6M deal to buy Professional Bank
tuart, Florida-based Seacoast Bank will buy Professional Bank for roughly $488.6 million in a deal that would further cement its foothold in the Miami area, the banks announced Monday. The transaction is set to close in the first quarter of 2023.
› Turnover woes grow for Manatee County with public safety director's mysterious departure
Mystery surrounds the employment status of Manatee County Public Safety Director Jacob Saur, who seems to have been terminated just months before he is supposed to testify in an ethics case against Commissioner Vanessa Baugh. Questions swirled about Saur's employment status with the county after Deputy County Administrator Robert Reinshuttle sent an email to county commissioners and top administrative brass on July 26 indicating Saur had been let go, insinuating the county would not be replacing him.
› The St. Petersburg police are sitting on money meant for the homeless
On street corners around downtown St. Petersburg, bright yellow parking meters urge passersby to “help provide for homeless families and individuals” by dropping in their spare change. Since 2019, the money — adding up to thousands of dollars — has largely sat untouched in the coffers of the St. Petersburg Police Department.
› Pharmaceutical manufacturer to build $20M state-of-the-art facility in Polk County, create 100 jobs
Assure Infusions, a Winter Haven-based pharmaceutical company, is building a 60,000-square-foot facility in Polk County and creating more than 100 jobs in the process. Assure, which launched early this year, produces IV fluid products. According to the company’s website, its bags include sodium chloride, dextrose, lactated ringers and sterile water.
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