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South Be d Redevelopment Commission <br />Regular eeting September 5, 1980 <br />7. PRO SS REPORTS (continued) <br />Mt. Butler: We have to be testifying, <br />to our appraisal figure and their appraisers <br />are going to be submitting evidence at a <br />higher figure. We are not using the <br />$82,920.00 figure. That was simply the <br />Tount that we had to deposit into the <br />c <br />urt. Those appraisers will not appear <br />i court and testify. <br />Nimtz: Quite some time ago, one <br />praiser testified he had been appointed <br />the court and that of course caused <br />immediate mistrial and they had to start <br />1 over. The staff has discussed this <br />th me and with Mr. Butler and it is my <br />eling that the attorney's fees and the <br />es you pay the appraisers including other <br />penses, you might just as well pay the <br />gure you began with. <br />Butler: We start at the $91,500.00 figure. <br />jury is going to at least award this <br />,unt because this is the amount our <br />raisers are going to testify to. Of course <br />W. Nimtz indicated,there would be the <br />art costs, attorney's fees, etc. <br />. Nimtz: It is the Chair's recommendation <br />at we approve the $91,500.00 figure for <br />e Zondervan Bookstore. <br />The air recognized Mr. Gene Cavanaugh, Vice <br />Presi ent of First Bank & Trust Company. <br />M--. Cavanaugh: I came today to wish best <br />wishes to Mr. Ellison. We are all going <br />to miss him, the community will. He has <br />been a tremendous asset as we all know to <br />our community development, especially the <br />First Bank Center in which we go back a <br />few years. His hard work and dedication <br />d spirit of cooperation from both <br />lvb-. Ellison and his staff has meant a lot <br />to all the developments in this community, <br />n t just the First Bank Center. I again wish <br />. Ellison best wishes on his new job. We <br />a e sorry to see you go. Good Luck! <br />27 <br />COMVMS OF CONGRAT- <br />ULATIONS FROM <br />MR. GENE CAVANAUGH <br />OF FIRST BANK & TRUST <br />