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 18, 2000
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ALICO, INC.
______________________________________________________________________________
(Exact name of registrant as specified in its charter)
Florida 0-261 59-0906081
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(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
_____________________________
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Item 5. Other Events.
Incorporated by reference is a press release issued by the
Registrant on December 18, 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 18, 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 18, 2000 By_______________________________
__________________ W. Bernard Lester, President
Date (Signature)
<PAGE>
EXHIBIT INDEX
Exhibit
Number Description
01 Press release issued December 18, 2000
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December 18, 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
507 ACRES IN LEE COUNTY
La Belle, Florida (Dec. 18, 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 two separate contracts to sell 337 acres and 170 acres in Lee
County, FL. The contracts stipulate sale prices of $7.2 million and
$3.4 million, respectively.
The parcels are both located north of Alico Road. The 337 acres are
located west of the planned Ben Hill Griffin Parkway extension, which will
connect Alico and Daniels Roads. The 170 acres are located east of the
extension.
Mr. Griffin stated, "we are pleased that interest in providing services
to the University and airport is continuing."
