POSTO 9: Following “some unfortunate disputes with creditors,” the owners of downtown Lakeland’s upscale Brazilian gastropub have filed for Chapter 11 bankruptcy. Co-owner Marco Franca characterized the filing as nothing more than a way to reorganize debt and said the restaurant will remain open while the case is pending.
ELECTRIC BILLS: Some Lakeland Electric customers received bills with excess charges because of incorrect estimates made when smart meters were unavailable during Irma recovery. Bills will be adjusted so that phantom usage isn’t charged, the utility said.
CITY BUDGET: City commissioners are expected to retain the current property tax rate of $5.56 per $1,000 of taxable value when they hold their final hearing on the 2017-18 budget at 6 tonight at City Hall. Because of increased property values, that rate is projected to generate an extra 5.5 percent in revenue.
Source: The Ledger
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