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5/12/1998
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5/12/1998
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/12/1998
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0 <br />Commissioner Eggert advised she has always felt the County should buy the Lost <br />Tree Islands; that they are very important. She had thought long and hard about the matter <br />the last several weeks. She was distressed at the name calling and other things that have <br />occurred and felt it was time to do something and move on. <br />MOTION WAS MADE by Commissioner Eggert to 1) turn <br />negotiations over to the staff of Board of County <br />Commissioners; 2) *request the Florida Communities Trust <br />(FCT) to allow us to not keep private the appraisal amount or <br />accept the fact that it has already been revealed by Lost Tree to <br />the newspapers; 3) make a counter offer of $10,500,000 and go <br />from there. <br />Under discussion, Commissioner Eggert commented that Lost Tree has been generous <br />in the past. <br />There was a brief discussion concerning the confidentiality of the State's appraisal. <br />Following a suggestion by County Attorney Vitunac, <br />MOTION WAS AMENDED *to ask the FCT for permission to <br />reveal the appraised value as part of the negotiating process, <br />without jeopardizing the $2.3 million contribution from the <br />State. <br />Vice Chairman Macht felt that point had no validity because confidentiality had been <br />breached already. <br />Commissioner Eggert understood, but the County did not breach the confidentiality <br />and she was looking for a "formal breaching." <br />Vice Chairman Macht spoke at length against the motion. He was in favor of buying <br />the Lost Tree Islands for under the appraised value, and he had no intention of having any <br />part in buying them for anything over the appraised value. He did not understand the <br />compulsion to lavish money on an organization above an established value. He mentioned <br />several reasons, including lawsuits and zoning, why he would not support the motion. It <br />made no sense to him and he hoped the Commissioners would not pass it. He believed it was <br />May 12, 1998 <br />33 <br />
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