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8/14/1990
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8/14/1990
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
08/14/1990
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M W <br />obviously the best concept. He did not know if the Commission is <br />ready to displace two unwilling sellers, however, or the cost of <br />doing so, but noted that if we just don't want to make someone <br />mad, the other option is to abandon the whole thing and move over <br />by the Health Department where we own the property. <br />Administrator Chandler continued to discuss appraisals and <br />watching the cash flow on the Sales Tax revenue. He informed the <br />Board that we have taken the worst case scenario with our with- <br />drawals on the Jail, the Health Department, etc. and felt that <br />with where we are today, we are within the ballpark of the costs <br />we are talking about, but it is getting tight and there is a <br />potential for a shortfall at some time down the road. <br />Commissioner Scurlock brought up the possibility of reces- <br />sion's effect on the economy and our reinvestment rate, and <br />Administrator Chandler confirmed all that has been included in <br />the worst case scenario and we.also have been very conserva- <br />tive in figuring architect's flees, etc. <br />Commissioner Bird felt that in order to compare apples to <br />apples with this plan and the original plan where we were going <br />to put the complex on county -owned land, we need some indication <br />of the value of the buildings that will remain in the County's <br />hands and not be used up by this project. He felt some kind of <br />rough indication of the remaining value of those 3 buildings <br />would help. <br />Administrator Chandler agreed that value should be <br />considered. <br />The Chairman asked if anyone present wished to be heard, and <br />no one wished to speak. <br />Administrator Chandler commented that he would like to have <br />the concurrence of the Commission as to the concepts we are <br />zeroing in on at this point°in time and the particular locations <br />so that we can know that we are dealing strictly within the 20th <br />to 21st Street and 14th to 17th Avenue area. <br />AUG 14 1990 <br />IWO 60 8' <br />24 <br />
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