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06/06/1983• • Community Redevelopment Agency Special !lasting June 6, 1983 The City Commission of the City of Clearwater met as Redevelopment Agency at City Hall, Monday, June 6, 1983. convened at 2:17 p.m. with the following members present: Kathleen Kelly William G. Justice Rita Garvey James Calderbank Absent: James L. Berfield Also present were: Anthony L. Shoemaker Thomas A. Bustin Lucille Williams the Community The meeting was Mayor -Commissioner Vice-Mayor/Commissioner Commissioner Commissioner Commissioner City Manager City Attorney City Clerk By letter of June 2, 1983, a notice of joint meeting of the Clearwater City Commission and Community Redevelopment Agency was called for Monday, June 6, 1983, at 2:00 p.m. ITEM #2 - Approval of the Minutes. Commissioner Garvey moved to approve the Community Redevelopment Agency Minutes of May 9, 1983, as submitted by the City Clerk. !lotion was duly seconded and carried unanimously. ITEM #3 - Consideration of J. K. Financial Corporation Development Project Proposal. The City Manager stated the purpose of the meeting was to discuss, in broad generalities, the proposal of J. K. Financial Corporation and disposition of the Jannelli property located at the southeast corner of Garden Avenue and Cleveland Street. The Commission had requested at a work session that they wished to discuss eminent domain proceedings with an attorney with expertise on the subject. Two resumes had been received. Ross Stanton, Jr. had submitted a resume on the 3rd of June and one received, this date, from Patrick T. McGuire, a member of the firm of Richards, Nodine, Gilkey, Fite, Meyer, and Thompson, Attorneys -at -Law. Both attorneys are experienced in eminent domain proceedings and the Commission may hire either one. Ross Stanton stated he was a member of the firm of Greene, Mann, Rowe, Stanton, Mastry and Burton, Attorneys -at -Law, and he was a civil trial lawyer. He had looked at the property and felt the valuation appraisal was fair. He advised the Commission that the owner of the property has the option to increase his asking price and it will depend on who the jury believes as to what value will be set. All other expert witnesses, such as appraisers, etc., have to abide by the rules. Juries generally find between 10-15% above the appraised value. The City would be required to pay the property owner's attorneys fees and court costs in addition to his fee. He estimated attorney fees for the property owner would run between $50,000 and $70,000. There are two options open to the Commission: 1) a slow -take condemnation, under Chapter 73, Florida Statutes, would allow the Commission to set the appraised value as the amount they would be willing to pay and to turn -down a jury's higher recommendation; and 2) a quick -take condemnation, under Chapter 74, Florida Statutes, in which the jury would make the decision and the City would be required to pay the set figure. The slow -take option would require an extensive time -frame. 1. 6/6/83 • • Sam Casella, Executive Director of the Downtown Development Board, stated the Board would aid in the condemnation proceedings and would contribute up to $8,000 per year on a 50/50 split with the City on an award of more than $650,000. He also reported the assessed valuation on the Jannelli property had been reduced. Rose Pfiefer, a member of the Downtown Development Board and property owner, spoke in support of condemnation. John Kearney, president of J. K. Financial Corporation, stated they had agreed to pay the $650,000. They feel it is still a viable project but if the delay for the slow -take condemnation requires a year, the agreement would have to be abandoned. He stated it is difficult to pre - lease and make a commitment to a tenant with an unknown time -frame. Pre - leasing costs for J. K. Financial are over $100,000. Commissioner Calderbank moved to proceed as of June 6, 1983, to implement slow -take condemnation proceedings on the Jannelli property located at the southeast corner of Garden Avenue and Cleveland Street, to hire Ross Stanton, Jr., to assist in litigation with the City Attorney, to direct the City Manager to negotiate one more time with the property owner and to seek a second appraisal. Motion was duly seconded. Upon the vote being taken, Commissioners Garvey, Calderbank and the Mayor voted "Aye"; Commissioner Justice voted "Nay"; Commissioner Berfield was absent. Notion carried. Meeting adjourned at 3:13 p.m. or/Commissioner 2. 6/6/83 AGENDA COMMUNITY REDEVELOPMENT AGENCY (2 p.m.) June 6, 1983 1. Call to Order. 2. Approval of Minutes May 9, 1983. 3. Consider J. K. Financial Corporation Development Project proposal and potential condemnation. 4. Adjournment. 1. ACTION 1. 2:17 p.m. 2. Approved as submitted 3. Moved to start "slow take condemnation" proceedings; hired Ross Stanton Jr., to assist with litigation; requested City Mgr negotiate onemore time with Mr. Janelli; & to obtain 2nd appraisal. 3. 3:13 p.m. June 6, 1983