Laserfiche WebLink
REGULAR MEETING <br />SEPTEMBER 10, 1984 <br />369 <br />Hill further stated that the building was purchased for use by <br />Real Services and if the building were to be sold the benefits <br />should go to the program. Mr. Hill advised that even though <br />the City owns the building and holds title to it, there would <br />be some technical problems should the City decide to sell the <br />building for profit,.as Real Services did add a substantial <br />addition to the building. . <br />Mr. Voorde stated that the Council is asked to look at making <br />decisions as business decisions and wondered if this was a good <br />business decision to give something of this value away. <br />Mr. Hill stated that language could be added to any Agreement that <br />would be drawn up that indicated that the use of the building <br />would have to be for the Real Services Program or similar services <br />to older adults. He stated that this decision is certainly a <br />business decision and that profit making corporations make sub- <br />stantial contributions to programs in the community. He stated <br />that the City has provided other agencies with various funding, <br />i.e., through Community Development funds, for programs in the <br />community. The Real Services Program has not been a recipient <br />of this kind of support in the past and the gift of the building <br />would be a one-time assistance to the Program by the City. He <br />stated that certainly, the City would be precluded from benefiting <br />from the increased value in the property as the benefit of that <br />increase should be the Real Services Program. <br />Mr. Vance advised that many years ago when the building was . <br />originally purchased a decision had to be made whether to give <br />Real Services the money to purchase the building or whether the <br />City should purchase the building for the Real Services Program. <br />As the City purchased the building for the Program, the intent <br />was always there that it was to be Real Services building. In <br />response to Mr. Voorde's question regarding the timetable for the <br />transfer of this property to the Program, Mr. Vance indicated <br />that the transfer of title could take place within thirty (30) <br />days. <br />ADJOURNMENT <br />There being no further business <br />motion made by Mr. Leszczynski, <br />the meeting adjourned at 10:08 <br />ATTEST: <br />an ra M. Farmeree, Clerk <br />to come before the Board, upon a <br />seconded by Mr. Hill and carried, <br />a.m. <br />A&L. 1,Z4,_tpe -,� Ar'f"" /'�' <br />woe- <br />Mic ael L. Vance <br />