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11/5/1996 (2)
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11/5/1996 (2)
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
11/05/1996
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BOOK 99 PAGE 699 <br />buildings, he had done the city auction and felt the upcoming <br />auction was an unusual occurrence. <br />In response to Commissioner Bird's inquiry, Mr. Rennick <br />described his experience in auctioning commercial buildings. <br />Commissioner Eggert queried Mr. Rennick on his initial 10% <br />commission and why it was later lowered. <br />In response to Commissioner Bird's concern, County Attorney <br />Vitunac felt that Mr. Rennick should have been at last week's <br />meeting, when the contract was approved by the Board as it was only <br />before them today for ministerial matters. If the Board were to <br />change their decision at this point, the County would have to <br />reimburse Mr. Daniel for the expenses already incurred. <br />In response to Commissioner Macht, Director Dean explained <br />that staff had recommended Mr. Daniel's firm based on experience in <br />selling a government building in Stuart, excellent references, and <br />proposed elaborate advertising plan. Director Dean described Mr. <br />Rennick's advertising plan was to advertise in 3 local area <br />newspapers. Director Dean also pointed out that Mr. Daniel's firm <br />has an agent who lives in Indian River County and he stood by <br />staff's prior recommendation of Karlin Daniel & Associates. <br />Administrator Chandler interjected his concurrence with the <br />recommendation based on Mr. Daniel's firm's experience and <br />references. <br />Mr. Rennick rebutted Director Dean's comments and advised that <br />his advertising would focus on the market using the same procedures <br />he uses for other auctions. He felt local investors are the ones <br />likely to buy the buildings, that 90% of the market is right here <br />in Indian River County. <br />Karlin Daniel refuted the local investor comment and stated <br />that three packets had already been sent out to inquiries which had <br />come about from the Wall Street Journal advertising he had done. <br />He felt the market was much larger than Vero Beach. He also <br />advised that his logo which appeared on his proposal bears his <br />signature and that he is a certified auctioneer. <br />Commissioner Bird felt that Mr. Rennick could do a fine job, <br />and allowed that there may have been a miscommunication; however, <br />staff had reviewed both proposals and made their recommendation. <br />He, therefore, supported staff's recommendation. <br />MOTION WAS MADE by Commissioner Bird, SECONDED BY <br />Commissioner Eggert, to make no change and approve <br />the agreement with Karlin David & Associates. <br />92 <br />November 5, 1996 <br />
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