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10/16/1984Community Redevelopment Agency - Special Meeting October 16, 1984 The City Commission of the City of Clearwater met as the Community Redevelopment Agency at City Hall, Tuesday, October 16, 1984. The meeting was convened at 9:19 a.m. with the following members present: Kathleen Kelly Rita Garvey James Calderbank William G. Justice Absent: James L. Berfield Also present were: Anthony L. Shoemaker Thomas A. Bustin Paula Harvey Lucille Williams Mayor -Commissioner Vice Mayor/Commissioner Commissioner Commissioner Commissioner City Manager City Attorney Planning Director City Clerk The Mayor called the meeting to order. The meeting was called by Notice of Special Meeting dated October 12, 1984, addressed to members of the Community Redevelopment Agency of the City of Clearwater, Florida, for the purpose of discussing the settlement of the Community Redevelopment Agency vs. Jannelli litigation. The Agency had authorized the acquisition by eminent domain of the property at the southeast corner of Cleveland Street and Garden Avenue, known as the Jannelli parcel. Staff has continued to negotiate with the parties involved and it appears the action can be settled and the subject property acquired by the Agency for a gross cost which will not exceed $958,000. The City Manager reported there is $650,000 in an escrow account that was contributed by J. K. Financial and an interfund loan from the General Fund of $300,000 would make up the difference. He also noted that the Downtown Development Board has offered to help offset up to 50% of the overage over $650,000. These monies would come from the tax increment funds which will be generated with the new development. He also stated J. K. Financial will pay Mr. Jannelli's attorneys' fees. However, the matter of the tenant relocation is still to be addressed. Commissioner Justice expressed concerns for the tenant citing an inability to expand the business. Commissioner Calderbank suggested the downtown zoning issue be re- addressed. The City Manager responded that the project has gone too far for that. Commissioner Garvey moved that the attorneys for the Community Redevelopment Agency be authorized to settle the eminent domain action filed to acquire the Janelli parcel at a gross cost to the Agency not to exceed $958,000, and that the appropriate officials be authorized to execute same. Motion was duly seconded. Upon the vote being taken, Commissioners Garvey, Justice and Calderbank voted "Aye"; Mayor Kelly voted "Nay." Motion carried. Meeting adjourned at 9:31 a.m. oma. ! _s J i Atteett C ity, C1.erk