10/4/1978 - Laserfiche WebLink

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t 4 CHAIRMAN WODTKE REPORTED TO THE BOARD ON HIS FURTHER NEGOTIA- TIONS IN REGARD TO THE ACQUISITION OF MID -FLORIDA UTILITIES, INC. HE STATED THAT THEY HAD BROUGHT HIM A ROUGH DRAFT OF A PROPOSED CONTRACT, AND ATTORNEY COLLINS AND HE HAVE STUDIED IT. THERE MIGHT BE ONE OR TWO AREAS THE ATTORNEY STILL IS NOT HAPPY WITH, BUT THE BASIC PROBLEM IS THAT THEY WERE NOT ABLE TO AGREE ON THE PRICE. HE CONTINUED THAT, AFTER DISCUSSING THIS WITH THE BOARD AT THE LAST MEETING, THEY OFFERED MID -FLORIDA $225,000, BUT HE HAS BEEN INFORMED THAT THEY ARE NOT RE- CEPTIVE TO ANYTHING UNDER $250,000. ATTORNEY COLLINS AGREED THAT THE PRICE IS THE ONLY MAJOR BARRIER AT THIS POINT. HE INFORMED THE BOARD THAT THE REPRESENTATIVES OF MID -FLORIDA WERE GOING TO STAY OVER AND COME BEFORE THE BOARD HOPING FOR A FINAL DETERMINATION, BUT HE INDICATED TO THEM THAT HE DID NOT FEEL THE $250,000 FIGURE WOULD BE ACCEPTABLE TO THE BOARD SINCE WE WOULD BE BUYING A LOT OF UNKNOWNS IN THE SYSTEM, HE NOTED THAT THEY WILL CONTACT HIM TOMORROW TO SEE IF THE BOARD DID TAKE ANY ACTION. THE ATTORNEY NOTED THIS IS A SOCIAL PROBLEM THAT NEEDS TO BE CURED, BUT AT WHAT PRICE? HE FELT NOW IS THE TIME TO MAKE AN OFFER OF.WHATEVER•THE BOARD IS WILLING TO PAY. ON MOTION BY COMMISSIONER SIEBERT, SECONDED BY COMMISSIONER LAY, THE BOARD UNANIMOUSLY AUTHORIZED THE CHAIRMAN TO MAKE A FIRM OFFER TO MID -FLORIDA UTILITIES, INC., OF $225,000 UNDER TERMS AND CONDITIONS TO BE APPROVED BY THE CHAIRMAN AND THE ADMINISTRATOR; THE OFFER TO BE VALID FOR TEN DAYS. RESOLUTION No. 78-54 AND RELEASE OF EASEMENT OF SIDE LOT LINE EASEMENTS IN OSLO PARK TO EARL MCGRIFF ARE HEREBY. MADE A PART OF THE MINUTES AS APPROVED AT THE REGULAR MEETING OF AUGUST 23, 1978. 124 6001 6 PAGr 4 A"