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Community Redevelopment Agency October 8, 2010 Page 3 Mr. Martin stated that the developer's attorney and the City Attorney are reviewing the documents for the Letter of Intent/Contractfnr the development of the 15 acre parcel. Mr, Hank Lander, 445 Surrey Run, Casselberry, Florida came forward. Mr. Lander said that reality is that development does not create opportunities like this but stand in the way of private development. Mr. Lander felt that the City has been standing in the way of private development. He said that Mr. Rubin has made several offers to sell his property to the City or he would purchase the City's parcels. He said that Mr. Rubin is ready to develop the property and the City should accept his offer of $250,000 and let private development do what they are supposed to do. A lengthy discussion ensued regarding Mr. Rubin's offer to purchase the City's parcels, the purchase price for Mr. Rubin's parcel and the appraised value of the parcels. Commissioner Jon Miller, 693 Queen Mary Place, Maitland, Florida came forward. Commissioner Miller said that the CRA should consider the square footage that it could be sold for and also factor in any remediation costs and costs to prepare the land to get it up to speed when the property is sold. He said that the City may be willing to take less money for the parcels because it would cost the City more the longer the property is for sale. Mr. Lander expressed concerns with the removal of the two underground tanks on Parcel One and felt that was an environmental circumstance. Ms, Lynch stated that the City has a Brownfield Grant that would be used to assess the properties to determine if the tanks need to be removed. Ms. Lynch stated that the Brownfield Grant could also cover the cost for the removal of the tanks, Ms. Lynch gave a brief summary of the procedures required to administer the Brownfield Grant. It was the consensuses of the Board to have Mr. Rubin submit an offer to purchase for the CRA's parcels. The Board requested staff research the stormwater issues and report back to the Board. A brief discussion ensued regarding the stormwater on the Target outparcel and the adjacent parcels. Sixth Item of Business: Just Blaze Barbershop ~~ Appeal of CRA Mandatory ®esign Standards for Signage Colors. Ms, Sandra Smith, Chief Planner, reviewed staffs memo dated October 1, 2010 (a copy is on file in the Community Development Department). She said the applicant has requested an exemption to the Community