04/02/1998 (2)
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COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING
CITY OF CLEARWATER
April 2, 1998
. Present:
Rita Garvey
J. B. Johnson
Robert Clark
Ed Hooper
Karen Seel
Bob Keller
Michael J. Roberto
Pamela K. Akin
Cynthia E. Goudeau
Brenda Moses
Chair/CRA Trustee
CRA Trustee
CRA Trustee
CRA Trustee
CRA Trustee
Assistant City Manager/eRA Director
City Manager
City Attorney
City Clerk
Board Reporter
The Chair called the meeting to order at 7:15 p.m. at City Hall.
ITEM #2 - New Business
Letter Agreement with Information Management Resources (IMRI
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eRA Director Bob Keller said this is part of the City's good faith effort to ,move
negotiation with IMR (Information Management Resources) regar~ing the purchase of the
annex site. The letter deals with issues relating to clear title and environmental concerns,
and offers protection to both parties. Trustee Johnson expressed concern the indemnity
clause in the contract is open~ended and a specific date and amount regarding liability is
needed. It was noted indemnity agreements are common in this type of transaction. The
City Attorney indicated the formal indemnity agreement has not been negotiated. If the
parties cannot reach agreement, the City's exposure under this letter is $50,000. In
response to a question, the City Attorney indicated she believed the potential risk from this
property could be insured. Until the' Phase II environmental audit is completed, an estimate
regarding the cost of that insurance will not be available. The City Attorney indicated the
little concerns can be dealt with within the timeframe specified in the letter.
Trustee Hooper moved to approve the letter agreement with IMR. The motion was duly
seconded and upon the vote being taken, Trustees Clark, Hooper, Seel and Mayor Garvey voted
"aye"; Trustee Johnson voted "nay": Motion carried.
ITEM #3 - Assistant City ManaQer Verbal Reoorts - None.
ITEM #4 - Other Business - None.
ITEM #5 . Adiournment - 7:27 p.m.
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ATTEST:-%--~ 2, Jt. .D9..
, City ClerK
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04/02/98