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CASSELBERRY CITY COMMISSION Minutes of July 8, 2013 — Regular Meeting Page 8 of 15 developers responded to the request, with serious proposals received by five. He stated that the developers were vetted against their track record for success, ability to attract financing and how their proposals matched the City's guiding principles, noting that the City Commissioners were briefed on all proposals. Mr. Newlon reminded the Commission that at the January 14, 2013 Commission Workshop, staff had recommended that the City work with Casto Southeast Realty Services, LLC ( Casto) and Integra Lakes, LLC (Integra) to negotiate development of the City property and that the City Commission agreed by consensus that the City should move forward to seek a development agreement with Casto and Integra. Mr. Newlon briefly outlined some of the various features that were being proposed for the development, noting that the Commission had been presented with an update on the proposal and new artwork and renderings by the developers on June 11, 2013. He advised that what was being presented for Commission consideration at this time was an Acquisition Agreement and Option to Purchase for the proposed development site. Audience Input: The following individuals came forward to address Resolution 13 -2503: 1. Mr. John Casselberry, 700 South Lost Lake Lane, expressed concerns about some of the language contained in the agreement and stated he felt the item should be delayed until the next meeting to give additional time for the Commissioners to more thoroughly review the proposed agreement. 2. Mr. James Fraleigh, 23 Teresa Court, spoke in opposition to the Resolution, stating he did not believe the City should be involved in development of the site, but should focus on providing services to its citizens. He also expressed concerns about the change of the Commission meeting time to 4:00 p.m. No one else came forward to address Resolution 13 -2503. MOTION: Commissioner Hufford moved to approve Resolution 13 -2503, as presented. Motion was seconded by Commissioner Aramendia. Discussion: A lengthy discussion ensued regarding the details of the contract, including time line concerns; ambiguity concerns; signage; and construction details. Mr. Newlon advised that the precise details of the construction would be set out later in the Master Declaration and the Development and Construction Agreement, and the Commission would have an opportunity for input at the time those agreements were under consideration. Motion carried by voice vote 3 -2, Commissioners Fry and Aramendia dissenting.