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Bill Stewart, legal counsel for the Hospital, noted that all of the property that the <br />Hospital owns will revert to the District at the end of the leases. <br />Commissioner Macht then asked whether the subsidiary will own the property in fee <br />simple, and Mr. Stewart responded that they will, there is just a reverter clause. <br />Commissioner Ginn then questioned why the District Trustees will not have title, and <br />Mr. Stewart responded that private corporations are able to do things that governmental <br />entities cannot do. As a practical matter all the lands revert back to the District. <br />The Chairman asked if anyone else wished to be heard regarding this matter. There <br />being none, the Chairman closed the public hearing. <br />Rock Tonkel, Special Assistant to Jeff Susi, noted that the contiguous nature of the <br />project is very important to the Hospital's future plans. The acquisition price of the property <br />across the street was substantially higher and this will be a benefit to the taxpayers. The <br />planned development was not possible on the existing hospital property. <br />Don Loftus clarified that this development has been discussed with the Trustees and <br />they are in full agreement. <br />APRIL 4, 2000 <br />ON MOTION by Commissioner Macht, <br />SECONDED by Commissioner Tippin, the Board <br />unanimously adopted Ordinance 2000-010 amending <br />the Future Land Use Element of the Comprehensive <br />Plan by changing the Land Use Designation for <br />±8.21 acres located approximately 1/4 mile south of <br />-74- <br />I <br />