RM 01-02-79 - Laserfiche WebLink

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4. COMMUNICATIONS Therelwere no communications to present to the Commission. 5. OLD BWSINESS Therelwas no old business to present to the Commission. 6. NEW BWSINESS Mr. E lison: There are two items I wish to present to the APPROVAL OF Commi sion this morning. First, as you may recall, some A REVIEW time igo, we ordered appraisals done on the following parcels: APPRAISAL OF 2 -13, 4 -1, 4 -31, 4 -32, 8 -9, and 8 -11. These appraisals are SIX PARCELS curre tly completed, but are in need of a review appraisal. Mr. Brownell has made contact with Mr. Nicholas Jannotta regarding a review appraisal. However, staff does not have a contract drawn up for your approval at this time. Mr. Dave Anderson: Are these the parcels for the "hole" proje t, or rather the First Bank Project? Mr, E lison: Yes. There are three parcels having to do with the "hole" project which have to be reviewed. The other parce s are North of the "hole ", or in front of the Morris Civic, and two parcels are down in the Block South of Wayne Street near the movie theatre. 7. PROGRESS REPORTS Mr. Ellison: As I have already stated publicly, the end of the DISCUSSION litigation is certainly significant from the Commission's stand- CONCERNING point The unanimous State Supreme Court decision should "END" OF build public confidence in the Commission's ability to execute LITIGATION the m ll and related projects. It is our desire to proceed in an or erly fashion with the mall project. Certainly the end of the litigation suggests the ability on our part to proceed affir atively to fulfill our obligations to the investors involved with the project. Ms. Dorbeck: How many parcels have you purchased? Mr. Ellison: Six parcels of eighteen. -2-