The Fort Pierce Redevelopment Agency (FPRA) held a special meeting on March 31, 2025, where significant concerns regarding the management of city leases were raised. A key discussion point centered on the administration of these leases, which one member described as a "train wreck," highlighting issues with compliance and financial responsibility.

The member emphasized the need for a thorough review of existing leases, particularly those involving the Highwaymen Museum, which is seen as a vital asset for tourism in Fort Pierce. While expressing support for capital expenditures related to the museum, the member criticized the city's practice of covering all operational costs, including utilities and maintenance, for leased properties. This approach, they argued, places an undue financial burden on taxpayers and lacks accountability.

Concerns were also voiced about the lack of a cohesive management strategy for leases, with responsibilities spread across various departments, including public works and city management. The member called for a more structured approach to lease administration, suggesting that each lease should be evaluated individually to identify deficiencies and ensure compliance with terms.

Additionally, the meeting highlighted the absence of a comprehensive overview of the city's leased properties, which complicates efforts to assess the financial impact of these agreements. The member noted that without a clear understanding of lease obligations, it is challenging to determine the extent of negative cash flow resulting from current practices.

In conclusion, the FPRA is set to undertake a detailed examination of its lease agreements, aiming to rectify existing issues and ensure that future arrangements are beneficial for both the city and its taxpayers. The discussions underscored the importance of responsible financial management in city operations, particularly in relation to public assets.