Overview

• In dual 0–7 votes, the board declined to sell 1701 Prudential Drive and rejected purchasing the Prominence Parkway building.
• Fleet Landing, a nonprofit retirement community operator, was the top bidder with a $20 million offer for the Southbank property.
• The proposed sale split payment into $12.5 million at closing and $7.5 million after three years, raising worries about borrowing needs and foregone interest.
• The Baymeadows option lacked a suitable board meeting space and envisioned split operations with renovations at the Schultz Center, drawing operational and cost objections.
• Several members questioned the process after not seeing all final offers as a new $17.2 million bid surfaced, and a request for the full bidder list remained unfulfilled.