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BOCA RATON CMTY. v. CROCKER DOWNTOWN DEV.

No. 4D21-873.

333 So.3d 1137 (2022)

BOCA RATON COMMUNITY REDEVELOPMENT AGENCY, Appellant, v. CROCKER DOWNTOWN DEVELOPMENT ASSOCIATES, Appellee.

District Court of Appeal of Florida, Fourth District.

February 9, 2022.

Attorney(s) appearing for the Case

Jamie A. Cole and Laura K. Wendell of Weiss Serota Helfman Cole & Bierman, P.L., Fort Lauderdale, for appellant.

Paul S. Figg , Mitchell W. Berger and Michael J. Higer of Berger Singerman LLP, Fort Lauderdale, for appellee.

The instant appeal arises out of a declaratory relief action filed by Crocker Downtown Development Associates ("the Developer") regarding the meaning of a fair market value instruction contained within a lease's purchase option. Specifically, the Developer sought a declaration regarding whether the fair market value of the property...

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