Kinbro Closes Lease-to-Purchase Deal with IDA
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Description
Kinbro successfully acquired 1499 US Hwy 17 North from the Hardee County Industrial Development Authority, exercising its lease purchase option and receiving job creation incentives. The final sale price was $1,098,582.81, with the transaction closing March 12, 2026.
Contract Details
Contract Amount
$1,098,582.81 (after $101,393.94 job creation credit from $1,200,000 option)
Vendor
KINBRO
Agency
Hardee County, FL
Contract Type
OTHER
Document Date
June 11, 2026
Contract Term
Sale closed March 12, 2026; option terms from lease initiated prior to April 2026 notice
Renewal Date
2026-03-12
Renewal Info
Option exercised as stipulated in lease; purchase completed March 12, 2026. No further renewal.
More from KINBRO
More from Hardee County
hardee-county-contract-2027-09-30_058.pdf
hardee-county-contract-2027-09-30_8f3.pdf
Hardee County Agenda Planning and Zoning Board Meeting 2026-06-11
Hardee County Economic Development Council/Industrial Development Authority Agenda 2026-06-11
Hardee County Agenda 2026-06-11
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