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<br />CASSELBERRY CITY COMMISSION <br />Minutes of January 8, 2007 - Regular Meeting <br />Page 7 of 14 <br /> <br />by the City and the Community Redevelopment Agency (CRA). NAIRealvest submitted two contracts with <br />conceptual plans for the Concord Center to the City Commission for consideration but neither were <br />approved. Both conceptual plans indicated a new facade on the existing structures. The City Commission <br />and CRA agreed in their December joint workshop that the buildings should be removed from the Concord <br />Center and the site entirely redeveloped. Removing the "for sale" signs from the properties allows the City <br />Commission and the CRA to fully discuss the highest and best use for all the properties. The subject contract <br />with NAIRealvest expires March 16, 2007. Termination of the contract is allowed without any payment or <br />penalty from the City. However, if the City sells the property within six months ofthe contract's termination <br />to a current prospect for the property, the City will be required to pay a commission at the rate of 4% of the <br />gross sales price to NAIRealvest. Staff also requested removal of "City Lot 2" from the Surplus Property <br />List, which has been developed into a municipal parking lot and due to the pending removal of numerous <br />parking spaces from the front of City Hall in conjunction with the Triplet Lake Drive Realignment Project, <br />"City Lot 2" is needed to replace those lost parking spaces. <br /> <br />Budget Impact: The purchase price for the Concord Center was $2,257,000. The three year note remains <br />to be paid; however, the CRA has paid the debt service on the note since September 2005 at a cost of <br />$126,166 annually. <br /> <br />Recommendation: The Interim City Manager and the Acting Community Development Director <br />recommended approval of Resolution 07-1749 as presented, and to remove the municipal parking lot ("City <br />Lot 2") from the Surplus Property List. <br /> <br />MOTION: <br /> <br />Commissioner Solomon moved to approve Resolution <br />07-1749, as presented, and to remove the municipal <br />parking lot ("City Lot 2") from the Snrplus Property <br />List. Motion was seconded by Commissioner Miller. <br /> <br />DISCUSSION: <br /> <br />Commissioner Doerner voiced concerns regarding removing "City Lot 2" from the <br />Surplus Property List and stated she felt that the subject property should only be <br />removed temporarily from the Surplus Property List until the entire City Center <br />project has been reassessed. Commissioner Hufford agreed with Commissioner <br />Doerner's concerns and stated she also felt the subject property's removal from the <br />Surplus Property List should be temporary and the property should be available for <br />future redevelopment. Commissioner Doerner requested that when similar items <br />come before the Commission in the future that copies of the development plans be <br />included for reference. <br /> <br />. <br /> <br />Motion carried unanimously by voice vote 5 - O. <br />