City of Bonita Springs, City council meeting, March 4, 2026 - Part 2

The City of Bonita Springs City Council held a meeting on March 4, 2026, focusing primarily on the proposed acquisition of a 5.8-mile segment of a former railroad corridor from Trust for Public Land (TPL) for $28.5 million, as part of a larger $60 million purchase of an 11-mile corridor. The council discussed the terms of the purchase agreement, including land use restrictions to preserve future rail service potential, environmental considerations, and a trail use agreement. Key topics included the due diligence process involving surveys, environmental assessments, title work, and appraisals, with emphasis on ensuring the appraisal reflects the fair market value of the property and the rights being acquired. The council also deliberated on financing options, proposing a general obligation bond referendum in August 2026 to fund the acquisition and initial improvements, with borrowing authorization up to $45 million over 30 years. The discussion highlighted the importance of public support, transparent communication about potential tax impacts, and phased project implementation to demonstrate progress. Additionally, the council approved a letter authorizing the mayor to sign a request for technical assistance to support outreach and polling efforts related to the upcoming referendum. Overall, the meeting centered on advancing the procurement and financing strategy for the corridor acquisition while addressing community engagement and fiscal responsibility.