02/18/1988
`COMMUNITY REDEVELOPMENT AGENCY MEETING`
February 18, 1988
The City Commission, met as the Community Redevelopment Agency at the City Hall, Thursday, February 18, 1988, at 6:01 p.m., with the following members present:
Rita Garvey Mayor/Commissioner
Lee Regulski Commissioner
Don Winner Commissioner
William Nunamaker Commissioner
Absent:
James Berfield Vice Mayor/Commissioner
Also Present were:
Joseph R. McFate Interim City Manager
Milton A. Galbraith, Jr. City Attorney
Cynthia Goudeau City Clerk
ITEM #2 Minutes Commissioner Nunamaker moved to approve the minutes of the January 21, 1988, meeting. `Motion` was duly seconded and `carried` unanimously.
ITEM #3 Clearwater Square Building & Park Street Garage, Assignment &
Assumption of Municipal Agreements to Maria Real Estate, Inc.
The interests of J. K. Financial Clearwater Square, Inc., in the office building and garage have been transferred to Maria Real Estate, Inc. The transfer included all the rights and
obligations of J. K. Financial under the provisions of the original Development Agreement, parking lease, and Maintenance and Operation Agreement. The assignment of these rights and
obligations are subject to City and Redevelopment Agency approval.
Maria Real Estate is a Florida subsidiary of Citicorp and the circumstances of its acquisition of this project are explained in the attached letter from their counsel.
Commissioner Winner moved to authorize Assignment & Assumption of Municipal Agreements to Maria Real Estate, Inc. `Motion` was duly seconded and `carried` unanimously.
ITEM #4 Meeting adjourned at 6:04 p.m.