9/15/1987 - Laserfiche WebLink

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su AUTHORIZATION FOR CLOSING WITH BENT PINE UTILITY Attorney Vitunac informed the Board that Bent Pine wants to see the cash in escrow before they will move to get the lawsuit : dropped on the permit protest; so, we have been on the phone since Saturday. The plan is that Bent Pine will come in tomorrow, and we will have a mini -closing in escrow with an escrow agreement. He, therefore, would like authority to give a $270,000 check to their escrow account. The letters of apology will be signed and delivered to him. Commissioner Eggert asked if the letters of apology are going to be read in open Commission meeting? Chairman Scurlock commented that he is both disheartened and aggravated by the editorial in the paper this morning, which he thought missed the whole point. Mr. Pinto and he, at great pressure to their families, have decided to settle; this Commission has formally taken and made Motions and approved entering into this agreement; and yet this group now is insisting on having cash in escrow before they move again, which he felt demonstrates their entire attitude through this whole process. The Chairman emphasized that the whole point is that Bent Pine Utility sat here and abused the process, abused the citizens of Indian River County - the Gifford community almost lost their entire project, the Grand Harbor project could easily have been scuttled, and these were all side issues. None of it had to do with the real issue of acquisition of that utility when it came right down to it, and he felt the Press was irresponsible and that article "stunk." Attorney Vitunac advised that he needs authority to go ahead and sign some of these interim documents and proceed with the mini -closing, and then we will push for the main closing as soon as possible, probably in about three weeks. OMB Director Baird stated that, in order to avoid any problem with the auditors, he would like authorization in the record to pay these monies out of the Utility Impact Fee funds . 42