Laserfiche WebLink
Est of properties to be acquired under the bond referendum which was <br />We have received an offer from the Florida Comm Tntst passed in 1990. <br />$4,9 million, which is far below their value.Y a the County for <br />Several problems have occurred which we would hike to make the County <br />Commissioners aware of and ask for their advice on how to proceed. As such, we <br />respe`c- il Bluest that we be placed on the Commission's agenda for February 4, 1997, <br />under the "Public Discussion". <br />The acquisition efforts have stalled based upon a difference of opinion as to what <br />b pronperty could be used for. The appraisals were based on an assumption of extreme <br />ly <br />th' no access rights to the islands, which have been properly challenged and <br />which we have been trying to settle. These issues have been resolved by recent votes in <br />both the City of Vero Beach and the Town <br />comprehensi„e plass to settle the whereby they voted to amend their <br />confiscatory demes and provision Property rights litigation, by repealing the <br />Preventing bridges to these islands. <br />Based upon this new information and circumstances, the State of Florida, name] <br />the FCT, has asked for a letter from the County with the following Y <br />requests: w+in8 information and <br />1 • Explaining that there are changed circumstances and briefly what those <br />changes are (le- density increase, re -appeal of the no bridge rule, ...) <br />2. Requesting a reappraisal based on the new �umstances. <br />3. Confirming that you are still interested in acquiring the Islands. <br />4. Confirtntng that you still have the money to acquire the Islands. <br />The State grant for the FCT matching funds has been extended until June 4, 1997. <br />It iss imperative that we get the FCT a misah <br />they are not likely to extend again. process going mm�ediately as they indicated <br />The FCT has asked if our counteroffer of $12.5 million is withdrawn based on the <br />increase of density recently voted on. It is not withdrawn and we will stand by the price of <br />our counteroffer which we made before the recent votes. <br />We would like the Commission's direction on how to proceed and request to be <br />put on the Agenda for February 4, 1997. - <br />Sincerely, <br />Charles M. Bayer, Jr. <br />President <br />One John's island Drive, Vero Beach, Florida 32963 (561) 231-0900 Fax. (561) 231-6921 <br />52"® <br />ROOK ~� U Pm E i +� <br />February 4, 1997 <br />