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South Ben4 Redevelopment Commission <br />Regular Me ting - April 11, 1980 <br />7. PROGRESS REPORTS (continued) <br />Ms. Auburn: What is Business Systems <br />gong to say after we moved them out <br />of their location into Washington Avenue <br />and then turn around and rent for $1.00 <br />a aext door location to PDH? <br />Mr. Ellison: Well, Business Systems <br />or Osco's or other parties that may <br />have been displaced may initially react <br />by saying "Why are they doing that ?" <br />But it is our position that the <br />Ca mission's objective which was stated <br />at the last meeting was to try to lower <br />our cost for operating those properties <br />by occupying them and secondarily to <br />t to assist downtown retail by <br />pr moting some kind of retail mixed in <br />rapid fashion. Those are the public <br />interest objectives. I might add that <br />while a $1.00 lease is insignificant, <br />yo have to bear in mind that we pay no <br />cost to assist Robertson's or anybody <br />else we lease property to, to move <br />into the building and to prepare it. <br />Further, we do not provide any <br />assistance to them to move from the <br />property at an appropriate time. <br />Therefore, their circumstances are <br />entirely different from a business <br />that has been displaced and then <br />U ensated both for real estate and <br />movement. <br />Ms Auburn: Did we give Business Systems <br />th option of staying where they were on <br />a month-to-month and they then declined <br />th t option? <br />Mrs Horton: Yes they did. <br />Mr. Ellison: Osco's is staying with us on <br />a Inonth to month basis. <br />Ms <br />to <br />Auburn: I would feel a bit more comfor- <br />)le with the arrangement if Business <br />;terns had the option of staying on a month <br />month basis, but I foresee some questions. <br />-23- <br />