City Council – Regular Meeting — Ordinance 26-26 (2026-04-15)
Cape Coral, Lee County, Florida
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City Council approves assignment of the Sun Splash Waterpark lease from PPW Cape Coral, LLC to Ripley's Sun Splash Waterpark, LLC. The 30-year lease (November 1, 2021 to November 1, 2051) for the 14-acre waterpark at 400 Santa Barbara Boulevard continues on existing terms: annual minimum rent of $25,000 (years 1–4) rising to $50,000 (year 11 onward), plus percentage-based additional rent on gross sales. The new operator must invest $2 million in capital improvements by December 31, 2029 to extend the city's buyout protection from 10 to 20 years...
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