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<br />A. RES/E’P <br />EQUEST FROM DDIE OOKHOODDIES ROPERTY <br />I,I.RDL <br />NVESTMENTS NC FOR EDUCTION OF EMOLITION IEN AND <br />SQTS <br />ETTLEMENT OF UIET ITLE UIT <br /> <br />Assistant County Attorney William DeBraal provided background information on <br />the Request for Reduction of Demolition Lien and the lawsuit brought by Eddie’s Property <br />Investment by recapping his memorandum of October 4, 2006. <br /> <br />Administrator Baird informed the Board “staff does not recommend waiving the <br />fees.” Discussion ensued regarding demolition of the house. <br /> <br />Eddie Sookhoo <br /> acknowledged that he had not done all his research and was aware <br />of the lien when he purchased the property. What he did not know was how much the <br />interest would have been. He asked the Board to waive the interest allowing him to pay the <br />principal cost the County had expended for the demolition. <br /> <br />MOTION WAS MADE BY Commissioner Davis, <br />SECONDED by Commissioner Bowden, to approve staff’s <br />recommendation <br /> <br />Commissioner Davis applauded Mr. Sookhoo’s entrepreneurial spirits and was sure <br />Mr. Sookhoo would do well with the property, but felt that as a fiduciary responsibility to <br />the taxpayers who footed the bill to remove the structure on the property, they were due <br />back their interest. <br /> <br />The Chairman CALLED THE QUESTION and <br />the Motion carried 4-0 (Commissioner Wheeler <br />October 10, 2006 <br />21 <br /> <br />