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perhaps they could be done at a later date through another grant. Mr. Denton had given his <br />`minimum acceptable" price of $27,500 per acre to Director Davis at their first meeting. He <br />related his role in securing an appraiser. The appraised value, however, was considerably <br />lower ($22,600 per acre) than his "minimum acceptable" price. When the County made an <br />offer for the appraised value ($340,000) he had rejected it because he believed the <br />Commission would have a hard time agreeing to his price of $412,775. <br />When Commissioner Adams asked if Mr. Denton would accept $412,775 for the <br />property and Chairman Stanbridge asked if he would continue to negotiate with the County, <br />Mr Denton responded in the affirmative but he wanted to consult with his attorney and he <br />was in no position to sign any document that included an appraisal which is now two years <br />old. He felt certain that his idea for a park, nature trail and preservation of the trees, many <br />of which he believed to be specimens, should be pursued and would conform with the City <br />of Sebastian's plans for the area. He advised that Tri -Sure has requested a one-year lease <br />to use the property as a storage area for materials for their water project construction in <br />Sebastian. <br />Chairman Stanbridge understood that Mr. Denton had agreed to continue negotiations <br />with the County, and Mr. Denton affirmed that he would be glad to do so but thought <br />perhaps some others should be involved in the negotiations. <br />Commissioner Ginn understood that Mr. Denton wanted the property protected as <br />well as providing a stormwater pond for the County. She thought the two uses were <br />compatible, but specified that Mr. Denton needed to understand that the County would have <br />to secure additional grants to accomplish the amenities. Mr. Denton could write those <br />provisions into the contract. <br />Chairman Stanbridge agreed the property could easily be used both for a stormwater <br />area and a park. <br />July 9, 2002 <br />52 <br />• <br />• <br />