Alico Inc. Funds Wildlife-Crossing Construction Under New Agreement with FDOT
Reuters
Oct 31, 2025
Alico Inc. Funds Wildlife-Crossing Construction Under New Agreement with FDOT
Alico Inc. announced that the Corkscrew Grove Stewardship District has entered into a Locally Funded Agreement with the Florida Department of Transportation (FDOT) to support the construction of a wildlife-crossing culvert and the raising of the road profile under State Road 82. Under the agreement, $5,071,439.33 will be deposited with FDOT within fourteen days of execution, with additional funds to be provided if project costs increase. FDOT will refund any excess funds if the final project costs are less than the total deposits. The agreement will remain in effect until the completion of the project and FDOT's final accounting. The project is part of the initial steps toward implementing a wildlife corridor as part of the Corkscrew Villages Project in eastern Collier County.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alico Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000003545-25-000133), on October 31, 2025, and is solely responsible for the information contained therein.
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