February 29, 2024

Thursday's Daily Pulse

What you need to know about Florida today

| 9/28/2023

› Delaware company to acquire Florida City Gas from FPL's parent in $923 million deal
Florida City Gas â?• the natural gas company that serves Brevard County and seven other Florida counties â?• will be getting a new owner. Delaware-based Chesapeake Utilities said it has reached a deal to acquire Florida City Gas for $923 million from NextEra Energy, which also is the parent company of Florida Power & Light. The cash deal is expected to close by the end of this year.

› Florida to receive $58.5 million in federal funding for rail projects, including Brightline
Florida is slated to get $58.5 million for rail projects as part of a $1.4 billion federal infrastructure funding investment announced Sept. 25 — including money for South Florida and the intercity passenger rail Brightline, which began service from Orlando to South Florida on Sept. 22.

› After a stormy tenure, Miami-Dade’s Animal Services director officially forced out
The stormy tenure of Bronwyn Stanford as Animal Services director in Miami-Dade County came to an end Tuesday with a resignation letter she said Mayor Daniella Levine Cava requested nine weeks after suspending the administrator with pay. A lawyer and former child-welfare official for Florida, Stanford was hired by Levine Cava to oversee the county’s overwhelmed pet shelter in Doral in 2021, at a time of surging dog surrenders and stray canines in Miami-Dade and across the country.

› Tampa Bay home sales have slowed. Is now a good time to buy?
It’s been a tough year for would-be homebuyers in the Tampa Bay region. Rising mortgage rates and steep asking prices have made the dream of buying a home unattainable for many. Though the market has cooled considerably since 2021 – when historically low interest rates caused a flood of new sales – the slowdown hasn’t given buyers the big boost that some were hoping for.

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