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Friday's Daily Pulse
What you need to know about Florida today
› A heated fight over plan to leave the Broward Sheriff’s Office: Town’s projected cost soars to $5 million amid turmoil
The cost for Pembroke Park to have its own police department is more than double initial projections, according to a new consultant report. The long-awaited report, intended to spell out what the tiny town needs to break free from its Sheriff’s Office contract, shows the town has underestimated both how much money it would take, and how many cops on the street would be needed to staff it.
› Lakewood Ranch accounts for a quarter of all new home construction in Sarasota-Manatee
Lakewood Ranch has never had construction start on more homes in a 12-month period than the year ending this spring, with the developer of the master-planned community reporting 2,638 housing starts through March. That was a 55% increase over the comparable period a year earlier and represented one-fourth of all housing starts in Sarasota and Manatee counties, Lakewood Ranch said in a news release.
› Lawyers in suit over Surfside collapse reveal staggering legal settlement: $997 million
In a surprisingly swift resolution of the Champlain Towers South class-action lawsuit, relatives of the victims and survivors of the Surfside condo collapse have reached a settlement that will pay them nearly $1 billion, a state court judge was told Wednesday.
› CEO resigns from Clearwater auto loan company Nicholas Financial
The president and CEO of Clearwater subprime auto loan company Nicholas Financial has resigned. Douglas Marohn informed the publicly traded company’s board of his resignation on May 6, and it took effect three days later. He also stepped down from the company’s board. Stepping in as interim CEO is Michael Rost, Nicholas Financial’s vice president of branch operations, who has been with the company for more than 20 years.
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