SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 14, 2000
_______________________________
ALICO, INC.
_______________________________________________________________________________
(Exact name of registrant as specified in its charter)
Florida 0-261 59-0906081
______________________________________________________________________________
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Post Office Box 338, La Belle, Florida 33975
_______________________________________ _______________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (863) 675-2966
__________________________
<PAGE>
Item 5. Other Events.
Incorporated by reference is a press release issued by the
Registrant on December 14, 2000, attached as Exhibit 01, providing information
concerning the Registrant's announcement of its contract to sell land in Lee
County, Florida.
Item 7. Financial Statements and Exhibits.
( c ) Exhibit
Exhibit 01 - Press release issued December 14, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ALICO, INC.
(Registrant)
/s/ W. BERNARD LESTER
December 14, 2000 By____________________________
_______________ W. Bernard Lester, President
Date (Signature)
<PAGE>
EXHIBIT INDEX
Exhibit
Number Description
01 Press release issued December 14, 2000
<PAGE>
December 14, 2000
FOR IMMEDIATE RELEASE
Contact: Dick Klaas, President
Florida Real Estate Consultants, Inc.
(941) 643-2525
AGRI-INSURANCE COMPANY, LTD. ENTERS INTO CONTRACT TO SELL
37 ACRES IN LEE COUNTY
La Belle, Florida (Dec. 14, 2000) -- Ben Hill Griffin III, chief
executive officer and chairman of the board of Alico, Inc. (ALCO), announced
today that Agri-Insurance Company, Ltd., a wholly owned subsidiary of Alico,
Inc., has entered into a contract to sell 37 acres in Lee County, FL, to Ross
W. McIntosh and James R. Hiironen as co-trustees, for $2.7 million.
The property is located north of Alico Road and west of the planned
extension of Ben Hill Griffin Parkway. The parkway extension will connect
Alico and Daniels Roads and also provide a direct connection to the Southwest
Florida International Airport.
"The property is strategically located near the university, airport,
high-quality communities and major retail centers," said Mr. Griffin.
Alico, Inc. is an agribusiness company, primarily engaged in the
production of citrus, cattle, sugarcane, sod and forest products.
