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NOV 17 982 990K 519 <br />Commissioner Bird wished to clarify for the record a <br />situation that exists between an ownership interest he has <br />in some real estate in the county with some of the <br />individuals who since have become some of the principals <br />involved in making this application today. Commissioner Bird <br />informed those present that back in 1979 a 10 acre piece of <br />property became available for sale on South Winter Beach <br />Road,.and he was approached in regard to buying it by James <br />Coffey, who is now a member of the Realcor group. <br />Attorney Evans interjected that the principals Mr. Bird <br />is speaking of are Ralph Evans, as Trustee, not Realcor. <br />Commissioner Bird continued that he and Mr. Coffey did <br />go together and buy this 10 acres in 1979. A few months <br />later the adjoining 10 acres became available and they <br />wished to purchase that acreage and have it contiguous. <br />Being short of funds, they decided to bring some others in <br />with them, and they contacted Ray Smith, Bill Wodtke, and <br />Ralph Evans to see if they would have any interest in <br />purchasing the other 10 acres. They did; the additional 10 <br />acres was purchased; and Attorney Evans set up a land trust <br />agreement where the five shared equally in the owners- t -p -of - <br />the 20 acres. Commissioner Bird stated that as soon as he <br />was elected to the Board, he decided some people might <br />construe it as a conflict of interest if he and Commissioner <br />Wodtke owned a piece of property together; they, therefore, <br />immediately proceeded to try to sell the property, but due <br />to the condition of the real estate market and the state of <br />the economy, they have not been successful as yet. In the <br />meantime, three of the individuals involved in the 20 acres <br />with him and Commissioner Wodtke got involved with the <br />Realcor group. Commissioner Bird wished to make it clear <br />that there is no tie-in whatsoever between the partnership <br />who owns the 20 acres on South Winter Beach Road and the <br />group making the application here today. He continued that <br />49 <br />