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7— <br />L_ <br />assured from time to time that in 90 days everything would be <br />resolved. He wished to see this matter finally resolved. <br />DISCUSSION REGARDING ESTATE OF JULIAN W. LOWENSTEIN <br />The Board reviewed the following memo dated 1/7/87: <br />TO: 'Honorable Boardof County DATE: January 7, 1987 FILE: <br />Commissioners <br />THROUGH: Charles P. Balczun SUBJECT: Estate of Julian W. Lowenstein <br />County Administrator <br />FROM: TommiThomas REFERENCES: <br />Intergovernmental Coordinator <br />Attached is a map of an ocean front lot adjacent to the Lier property <br />which has been given to the County which in turn is adjacent to a part we <br />purchased with the proceeds of the $5,000,000 Bond Issue. This property <br />is part of the estate of Julian W. Lowenstein. <br />I would like an indication from the Honorable Board of County Corry - -- <br />missioners as to whether they would like to proceed to attempt to acquire <br />this property. <br />Commissioner Bowman wondered if this price could be <br />renegotiated for a tax write off, but Commissioner Bird felt that <br />while the figure is in the ballpark, it comes down to whether we <br />want to acquire more oceanfront property and if we have the money <br />to purchase the property. <br />Intergovernmental Relations Directory Tommy Thomas just <br />wanted guidance on this particular piece of property because it <br />would be an extension of existing County -owned beachfront. He <br />felt there could be some renegotiation on this price. <br />Chairman Scurlock felt that since we don't have the money on <br />hand, perhaps this could be purchased through the tourist tax <br />dollars as he understood there is a bond potential on those <br />funds. <br />Attorney Vitunac pointed out that we also may have franchise <br />fee money coming in from the City of Vero Beach by the end of the <br />97 <br />`987 Boor, , <br />