1/10/1989 - Laserfiche WebLink

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MOTION WAS MADE by Commissioner Scurlock, SECONDED by Commissioner Eggert, to authorize execution of the Agreement for Release of Lease Rights with Ross Laundry and Cleaners, Inc., for the amount of $50,000. Commissioner Bird stated that although he did go along with it, he was not extremely happy with this site to begin with, and he is opposed to putting another $50,000 into it now. Commissioner Eggert advised that although she voted against purchase of this leasehold interest before, she has had a massive change of heart after talking to the architects. We have had the $50,000 in the budget from the beginning because Mrs. Moon dropped her price to compensate for the problem with the tenants, and looking at what the architects are contemplating, she now feels it is very necessary to get the tenants off the property in 1991. Commissioner Bird pointed out that Mrs. Moon had an asking price for the property, but he did not think we would ever have agreed to it. He believed we agreed to and paid the appraised price, and now he believed we are contemplating paying another $50,000 above the appraised price. Attorney Vitunac clarified that the appraised price was more than we bought it for, not quite by $50,000. Mrs. Moon's final offer at the time was $375,000 with her getting the tenants out. Her subsequent offer was to drop her price by $50,000 to $325,000, and it would be the. County's job to get the tenants out. We have spent a good year negotiating to get them to agree to exactly $50,000. Commissioner Eggert pointed out that the lessors will be continuing to pay rent and we will get part of this back. Commissioner Bowman commented that she, too, was opposed to this site, and she still is, but her feeling is that if we have to maintain and repair this building, it is just like pouring money down a rat hole. JAN 1®19 9 53 BOOK 75 r GE. ' d5