10/11/1988 - Laserfiche WebLink

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Attorney Vitunac advised that Sean O'Haire, attorney representing the owners of Ross Laundry & Cleaners, Inc., is here this morning to answer any questions regarding their offer to relinquish their leasehold interest to the County. He noted that this $50,000 figure plus attorney fees is a result of negotiations, and that the Smiths originally wanted $100,000, which was rejected. He advised that under this agreement, the laundry would continue paying rent until -1991, but they want their money now. Chairman Scurlock asked if_the 1991 date poses a problem for the construction of the library,'and Commissioner Eggert believed that it poses less of a problem than a further date which they have an option to. She hoped that if we were ahead of schedule, we would have the flexibility of going in there and doing something with it. However, she was opposed to paying legal fees for this. Commissioner Wheeler felt theonly advantage to buying out the leases for the supermarket and the laundry is to design the library site the way we would like to. If not, then he would just as soon let the building sit there until 1997 and then tear it down and turn it into green space and parking. MOTION WAS MADE by Commissioner Eggert, SECONDED by Commissioner Wheeler, that the Board refuse the offer made by Ross Laundry to relinquish its leasehold interest, effective December, 1991, in return for $50,000 plus attorney's fees of $5,000. Under discussion, Attorney O'Haire pointed out that the Board is overlooking the fact that the lease agreement between Nancy Moon and Ross Laundry also provides for a right of first refusal to purchase the property on the same terms and conditions as the third party's offer, i.e., the County's offer. They have attempted twice to exercise that right and tendered a contract 72 OCT 11 1988 - - , MO • 4 Fi,H 517