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August 2008 Property information was distributed to developers about these outparcels. Also, these outparcels were marketed at the ICSC Conference, August 17, 2008 -August 19, 2008, In addition, a "Notice of Sale" for the City/CRA outparcels was placed in the August 21, 2008 edition of the Orlando Sentinel. October 2008 "For Sale" signs were posted on the City/CRA outparcels. Alcorn October of 2008 a formal offer was made by Mr. Rubin to the CRA Board to purchase the CRA's two parcels for $250,000 total, which equaled $8.00 per sq. ft. [psf) for the combined .71 acres. This offer was denied by the CRA Board. During that time the City received two other offers: 1) $13.00 psf for an ice cream shop (half acre site) and 2) $9 psf for a dry cleaning establishment (.14 acre site). Both offers were rejected by the CRA Board: inconsistent with the intent of the plan, inappropriate architectural designs, and drive-thru business as main use is not allowed in the CRA. November 2008 At the CRA Board meeting, Toppers Creamery submitted a request for lease/purchase of the City/CRA owned Target outparcels. They offered $279,968 ($13.00 psf) for the .49 acres and $54,936 ($9.00 psf) for the .14 acre, totaling $334,904. Their request was denied due to inconsistency with the intent of plan and that the architectural design would not work. Also at the November 2008 CRA Board meeting, Sam Pinesar submitted a request to purchase the .14 acre parcel. The reason for the denial was the proposal of $79,000 was too little as well as a secondary business as a drive-thru is permitted but not as a main use. His proposed use was to place a dry cleaning drive-thru site on this location. February 2009 Marlc Riley submitted a proposal for purchase of the .14 acre parcel to the CRA Board. The proposed use was a 1,075 square foot Caribbean Cream Ice Cream establishment. His offer was $90,000. The CRA Board appreciated his interest in starting a business in the City but denied the request with the intent of a developer assembling the three parcels. April 2009 Mr. Rubin inquired again about the CRA accepting his offer of $250,000 for both parcels. City staff suggested equally splitting the parcels so that each party would have a larger parcel to try to develop. Mr. Rubin responded that he did not feel that was a good solution and again inquired about the CRA selling him the parcels for $250,000. Mr. Rubin inquired about drainage for the property and whether or not he could drain into the existing retention pond area [water tower). Public Works responded that the Target pond is at maximum capacity due to modifications to handle the Triplet roadway project. This information had previously been conveyed to Mr. Rubin. Also, Mr. Rubin was encouraged to hire a land developer to assist him with drainage issues for his parcel. Also in April 2009, Mr. Rubin admitted that he was upside down on the lot and that he had made a bad business decision when he brought the lot. Staff advised that he could not