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HomeMy WebLinkAbout05301991JOINT WORKSHOP - CITY COUNCIL - PLANNING AND ZONING AND RIVERFRONT COMMITTEES REGULAR MEETING MINUTES MAY ~0, ~99~ MAYOR CONYERS CALLED THE MEETING TO ORDER AT 7:00 P.M. PRESENT; ALL COUNCIL MEMBERS, RIVERFRONT STUDY MEMBERS AND PLANNING AND ZONING MEMBERS WERE PRESENT WITH THE EXCEPTION OF JOHN LINDSEY, ALTERNATE FOR PLANNING AND ZONING WHO IS EXCUSED. ALSO PRESENT;' ROBERT S. MCCLARYo CITY MANAGER BRUCE COOPER, DIRECTOR OF COMMUNITY DEVELOPMENT, LINDA KINCHEN, SECRETARY, CHARLES NASH, CITY ATTORNEY AND CATHERINE HILTON, CITY PLANNER MAYOR CONYERS TURNED THE MEETING OVER TO PETER JONES, CHAIRMAN OF THE RIVERFRONT COMMITTEE FOR THE PRESENTATION. MR. JONES INDICATES THAT MR. DILL, MR. COLLINS AND MRS. TRIPP WILL ALSO TAKE PART IN THE PRESENTATION. AFTER PRESENTATION WAS COMPLETE VICE-MAYOR OBERBECK COMMENDED THE COMMITTEE FOR A JOB WELL DONE AND ESPECIALLY FOR PRODUCING A FUNDING REPORT TO THE COUNCIL FOR THIS PROJECT. THE MAYOR HAD SOME PROBLEMS WITH THE SMALL NUMBER OF RETURNS FROM THE QUESTIONNAIRE BUT HE ALSO COMMENDED THE COMMITTEE FOR A JOB WELL DONE. MAYOR CONYERS SUGGESTED THIS GO TO A WORKSHOP FOR DISCUSSION ON HOW TO IMPLEMENT THIS REPORT. COUNCILMAN HOLYK, REID AND POWELL WERE ALSO IN FAVOR OF THE REPORT AND FELT THE COMMITTEE DID AN EXCELLENT JOB. IT WAS RECOMMENDED BY THE MAYOR THAT PERHAPS THE COMMITTEE SHOULD NOW BE DISBANDED AND THE COUNCIL SHOULD CONSIDER A PROJECT COORDINATOR TO MOVE THIS PROJECT FORWARD. MR. JONES AND THE COMMITTEE WERE PLEASED TO HEAR THIS. THEY HAVE NO PROBLEM WITH BEING DISOLVED AND MR. JONES STATED THAT ALL MEMBERS WOULD BE AVAILABLE INDIVIDUALLY AFTER THIS HAPPENED TO WORK WITH THE COORDINATOR ANY WAY THAT THEY COULD. MR. JONES REQUESTED THAT THE COUNCIL GIVE THE COMMITTEE SOME TYPE OF FORMAL MOTION IF THAT WAS PROPER AT THIS TIME, VICE MAYOR OBERBECK MADE A MOTION TO ACCEPT THE REPORT AS PREPARED BY THE RIVERFRONT COMMITTEE AND PROCEED AS SOON AS POSSIBLE WITH TRYING TO IMPLEMENT IT SECOND BY COUNCILMAN REID. THE CITY ATTORNEY UNDER DISCUSSION STATED THAT HE FELT THE PLANNING AND ZONING COMMISSION SHOULD BE THE FIRST TO ACT ON THE REPORT. VICE MAYOR OBERBECK THEN AMENDED HIS MOTION TO INCLUDE WITH APPROVAL OF PLANNING AND ZONING - COUNCILMAN REID AGREED TO AMEND HIS SECOND. ROLL CALL ON THE MOTION WAS UNANIMOUS, CITY COUNCIL, PLANNING AND ZONING AND RIVERFRONT JOINT MEETING MAY 30, 1991 PAGE TWO MAYOR CONYERS ASKS CHAIRMAN KRULIKOWSKI IF HIS BOARD HAD ANY OUESTIONS - CHAIRMAN STATED THE COMMISSION WILL HOLD A WORKSHOP ON THE REPORT AND THEN PERHAPS A JOINT WORKSHOP BETWEEN CITY COUNCIL AND PLANNING AND ZONING SO IMPLEMENTATION CAN BE HELD. MAYOR CONYERS OPENED THE MEETING TO THE PUBLIC FOR INPUT. RUTH SULLIVAN AND RON HARSH SPOKE RECESS CALLED AT 8:~5 P.M. BACK AT 8:55 P.M. ALL PRESENT DAN CATTOR AND ROBERT BRODIE SPOKE AFTER THE RECESS BRIEFLY THE MAYOR ANNOUNCED THAT CHRIS HAMRICK WILL BE ARRIVING IN SEBASTIAN SATURDAY AT MELBOURNE AIRPORT AT ~:~0 P.M IF RESIDENTS WOULD LIKE TO WELCOME HIM BACK FROM THE WAR AND ALSO THAT HE HAD BEEN ASKED TO BE THE GRAND MARSHAL FOR THE ~TH OF JULY. THERE BEING NO FURTHER BUSINESS THE MEETING WAS ADJOURNED AT 9:00 P.M. PREPARED BY LINDA KINCHEN SECRETARY, PLANNING AND ZONING AND RIVERFRONT COMMITTEE. City of Sebastian POST OFFICE BOX 780127 [] SEBASTIAN, FLORIDA 32978 TELEPHONE (407) 589-5330 [] FAX (407) 589-5570 AGENDA SEBASTIAN CITY COUNCIL SPECIAL MEETING THURSDAY, MAY 30, 1991 - 6:30 P.M. CITY COUNCIL CHAMBERS 1225 MAIN STREET, SEBASTIAN, FLORIDA ALL PROPOSED ORDINANCES AND INFORMATION ON ITEMS BELOW MAY BE INSPECTED IN THE OFFICE OF THE CITY CLERK, CITY HALL, 1225 MAIN STREET, SEBASTIAN, FLORIDA. PURPOSE: l) Review Bids and Award Contract for Central Garage Construction 2) Review GDC Contract 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. PUBLIC INPUT ON AGENDA iTEMS 5. SPECIAL MEETING ITEMS 91.149 A. Review Bids and Award Contract for Central Garage Construction (City Manager Recommendation da%ed 5/24/91, Bid Tabulation Form, City Engineer Memo dated 5/24/91) 90.290 B. Review GDC Contract (City Manager Recommendation dated 5/24/91) 6. ADJOURN ANY PERSON WHO DECIDES TO APPEAL ANY DECISION MADE BY THE CITY COUNCIL WiTH RESPECT TO ANY MATTER CONSIDERED AT THIS MEETING (OR HEARING) WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE HEARD. (286.0105 F.S.) City of Sebastian POST OFFICE BOX 780127 D SEBASTIAN, FLORIDA 32978 TELEPHONE (407) 589-5330 [] FAX (407) 589-5570 SUBJECT: Central Garage Bids Approved For Submittal By: City Manager Agenda No. q/./~ Dept. of Origin: city Manager Date Submitted: ~ For Agenda Of: O5/$0/91 Exhibits= - Bid Tabulation Sheet - Eckis Memo Dated, 05/24/91 EXPENDITURE REQUIRED: $65,170.68 AMOUNT BUDGETED: $ 90,000 APPROPRIATION REQUIRED: SUMMARY STATEMENT On May 23, 1991, the City received bids for the construction of a new central garage to be located on city owned property near the intersection of Louisiana Avenue and CR 512. The new garage will replace a small and inadequate facility located on the same site. The old garage will continue to be used by Public Works for other uses. The low bid of Flinn Construction is $65,170.68. Flinn was found qualified and capable of performing the work per the plans and specifications and in a timely manner. There will be additional work in addition to this contract, including: oil - water separator and wastewater recycling system, hydraulic truck lift, site work, and renovations to the existing building. RECOMMENDED ACTION Move to award the bid for the new central garage building to Flinn Construction in the amount of $65,170.68. © © COb,- 0 © 0 ~o 0 0 P~ 0 0 '-0 0 0 > 0 City of Sebastian POST OFFICE BOX 780127 [] SEBASTIAN, FLORIDA 32978 TELEPHONE (407) 589-5330 [] FAX (407) 589-5570 MEMORANDUM MAY 24, 1991 TO: ROBB MCCLARY CITY MANAGE~ FROM: DAN ECKIS CITY ENGINEER RE: CITY GARAGE BUILDING BID CLARIFICATION MEETING A BID CLARIFICATION MEETING WAS HELD AT 10:30 A.M. ON FRIDAY MAY 24, 1991, BETWEEN THE CONTRACTOR JIM FLYNN,AND CITY STAFF CONSISTING OF COMMUNITY DEVELOPEMENT DIRECTOR, BRUCE COOPER, ACTING FINANCE DIRECTOR LARRY NAPIER, CITY MANAGER ROBB MCCLARY, AND MYSELF THE CITY ENGINEER. WE FOUND THAT THE CONTRACTOR HAD FAIRLY AND COMPETANTLY BID THE PROdECT IN COMPLIANCE WITH BIDDING REQUIREMENTS AND PROCEDURES. FLYNN CONSTRUCTION WAS LOW BIDDER AT $65,~70.68, TO CONSTRUCT THE NEW CITY GARAGE BUILDING. SITE WORK WAS NOT INCLUDED IN HIS CONTRACT AMOUNT BUT HE HAD LISTED THE SITE WORK SEPARATELY AS AN OPTION. THEREFORE THE CONTRACT AMOUNT WAS INCREASED FROM $55,968.00 TO 65,170.68. FOR THE FOLLOWING ADDITIONS: 1. FILL TO RAISE THE SLAB TWO FEET ABOVE THE EXISTING ELEVATION, $1,497.68 2, 6 FEET OF EXCAVATION BELOW AND 5 FEET OUTSIDE TO BE HAULED OFF SITE AND REPLACED WITH CLEAN BACK FILL MATERIAL COMPACTED AND TESTED, $7,707,00 THE CONTRACTOR WAS CERTAIN THAT THE CONTRACT AMOUNT WAS SUFFICIENT TO CONSTRUCT THE FACILITY AS INDICATED BY Tt4E CONSTRUCTION DOCUMENTS, THE CONTRACTOR UNDERSTOOD THAT HE WAS RESPONSIBLE TO FURNISH AND INSTALL THE SEPTIC TANK SYSTEM AND DRAINFIELD. WHICH MEANS THAT ALL OTHER SITE WORK NOT IDENTIFIED ABOVE IS NOT INCLUDED IN THE CONTRACT AMOUNT, City of Sebastian POST OFFICE BOX 780127 c~ SEBASTIAN, FLORIDA 32978 TELEPHONE (407) 589-5330 [~ FAX (407) 589-5570 M,,E M O, R A ND U M DATE: TO: FROM: RE: May 24, 1991 W.E. Conyers, Mayor & Sebastian city council Robert S. McClary ~' ~ %~ General Development Corporation BACKGROUND On August 15, 1979, General Development Corporation ("GDC") and the city of Sebastian entered into a written agreement. This contract, among other things, outlined certain responsibilities and obligations of GDC in constructing and maintaining infrastructure (public streets and drainage improvements) and provided for a procedure for these improvements to be accepted by the city for perpetual maintenance. On April 6, 1990, GDC filed for protection under Chapter 11 of the Federal Bankruptcy Laws. since that date, GDC has failed to meet its obligations under the terms of the 1979 agreement. I have met with GDC officials on six (6) occasions to negotiate a new agreement. Any new agreement would supersede the 1979 contract and relieve GDC of its responsibilities and obligations under the 1979 agreement in exchange for real property conveyed by GDC to the City. Under the terms of a new agreement, the city would assume responsibility for the maintenance of infrastructure built to date. However, the city would not be assuming GDC'S responsibilities under the 1979 agreement. Under no . will the city obligate itself to construct circumstances . erms of the ' d have built under the t . improvements which GDC. woul_n~ ~_ ~-,,~d to construct certain 1979 agreement. (Example: ...;~;~ ~;~2~-estimated cost of $1.2 seawalls along the Elkcam w ~ · 't ma choose to construct t~e seawalls, .or to million. The Cl y . Y_ ~-- ~ ~h- noint is that the city of install rip rap! or.to ~o no~2;s~--;a~e no pretense that it is · · ct a eeveloper anu ,- . · ~ebast~an~ n,no,~ civil liabilities, responsibilities, to assum~ ~ ~ representations or promises. Re: General Development Corporation Page 4 The total estimate of GDC's obligations under the 1979 Agreement amount to $4,256,450. I point out that this estimate is not comprehensive in that, it does not include an estimate of maintenance expenses GDC would otherwise incur for street and drainage facilities until they would otherwise be turned over to the City for maintenance. GENERAL DEVELO~N~NT CORPORATION - ASSETS If the City is to release GDC of its 1979 contractual obligations and assume responsibility for the maintenance of the infrastructure constructed to date, we should receive something of value in exchange. It is obvious from the bankruptcy filing that GDC is cash short. However, GDC does own certain real estate within the City which may have little value to a private owner, but considerable value to the City. Therefore, we have identified certain GDC real estate holdings, which GDC would exchange for a release of its contractual obligations. These properties are listed in Exhibit "C" and are valued at $2,418,990. SUMF~.RY ~/~D RE, gOMMENDATION It is our hope that GDC is able to successfully reorganize and recover its economic health. However, until GDC has successfully reorganized, street and drainage facilities must be properly operated and maintained in order to promote the public health, safety and welfare. The property owners and residents of Sebastian have no one else to turn to other than the City. Further, GGC must find some way of relieving itself of economic liabilities if it is to successfully reorganize. Therefore, both GDC and the City are well motivated to finding a way for the property owners and citizens to be served. I believe it would be in the best interest of our citizens and property owners, the City and GDC to enter into an agreement as outlined above. Upon approval of this memorandum by the Sebastian City Council, this outline should be submitted to GDC for its approval. Once both parties agree to the concepts and details outlined herein, the City Attorney should then prepare a contract which contains the provisions outlined in this memorandum. /jmt EXH'rB'rT -A- -ESBEITT'r~L CONTI~.CT ELEHEN~8I~ EXHIBIT A - 1 116 Residential Building Lots, Units 11, 16 & 17 * - Tract "0", Unit 17, SH - Tract "H", Unit 17, SH - Tract "X", Unit 17, SH 8.49 Ac.* 3.76 Ac.* .26 Ac. EXHIBIT A - 2' Shiloh Youth Ranch Easement .83 Acre.*** BSA Easement .86 Acre *** EXHIBIT A - 3 - Tract "K", BI/{ 588, Unit 17 SH - Tract "M", BLK 599, Unit 17 SH - Tract "R", BLK 613, Unit 17 SH - Tract "S", BLK 616, Unit 17 SH 2.84 Ac. * 2.16 Ac. * 2.84 Ac. * 1.91 Ac. * EXHIBIT A - 4 Two (2) Residential Building Lots * Access to Elkcam Water Control Structure EXHIBIT A- ~ - Tract "P", BLK 560, Unit 16 SH 1.60 Ac. (Continued) ~XHIBIT A - 6 "Fleming Grant Line" Drainage - Tract "Y", Blk 121, Unit 4, SH - Tract "O", Blk 65, Unit 2, SH - Tract "I", Blk 12, Unit 1, SH 1.26 Ac. ** 2.2 Ac. ** 2.0 AC. "GDC Owned - FPL Easement" - Tract "F", Blk 14, Unit 1, SH - Tract "E", Blk 17, Unit 1, SH - Tract "D", Blk 21, Unit 1, SH - Tract "C", Blk 41, Unit 1, SH 1.45 Ac. ** 2.91 Ac. ** 2.89 Ac. ** 2.19 Ac. ** EXHIBIT A . 7 "Hardee Park" - That portion of Hardee Park not yet ** dedicated to the City. 6.50 ± Ac. * GDC Offer 04/09/91 ** GDC Verbal Offer 04/09/91 *** GDC Verbal Offer 03/26/91 Revised: 4-2-91 Second Revision: 04/16/91 Third Revision: 05/21/91 E~'~STT ,~3B" ,- ~DC L~'rLITIE5 CL,¥rH 01/29/91 0~/1(/9~ 05/21/91 C~TY ~.D.C. C~TY ESTIN.~TE EST~I~TE E~T~I~TE 1. Unit 16 Street & Drainage 2. Unit 17 Street & Drainage 3. Elkcam Waterway (Seawall & (Water Control Structure) 4. Wentworth Ditch - Realignment 5. Construction Contingency (10%) 6. Unit 11 Stormwater Retention Lake (Collier Waterway) Not Constructed 7. Emergency Reapirs To Date 8. Improperly Aligned Drainage Ditches (Estimate) 9. Repair Englar Bridge Over Collier Waterway in Unit 16 $ 220,700 $ 64,509 $ 73,700 1,364,472 739,222 1,364,400 1,531,250 230,400 1,531,250 103,834 - 0 - 103,800 322,000 - 0 - 307,000 695,100 - 0 - 695,100 15,400 15,400 71,200 197,500 - 0 - 100,000 10,000 10,000 10,000 TOTAL $ 4,460,256 $ 1,059,531 $ 4,256,450 CHANGE I.N G,.D.C, n!ABILITIE~ INCREASE GDC LIABILITY <DECREASE> GDC LIABILITY Unit 16...Street .Rep~.ir: Decreased to $73,700 by eliminating a proposed 1" overlay. The 1979 Agreement calls for a 1" Standard (within a 1/4" tolerance), which these streets would meet. $ < 147,000> CoostruQtioD Contingencies: Decreased to reflect Unit 16 Street Repairs (above) < 15,000> Repairs TQ Date: On 01/09/91, Sebastian City Council authorized street repairs in Unit 17 55,800 ImDroDgrly Aliqned..Ditches~ Estimate reduced by mutual agreement with GDC on 04/09/91. < 97,500> TOTAL DECREASE IN LIABILITIES 203,200> Prepared: 05/21/91 EXH~B~'T GENE]~,t DEV~LOPMENT CORPORATION ,- ASSETS In exchange for relieving GDC of its liabilities and obligations under the 1979 agreement, the city would acquire the following real properties: Recommended - 1 C - 2 One (1) Residential Lot - Barber Street Sports Complex $ 8,000 $ 8,000 One (1) Residential Lot - Airport Drive East 8,000 8,000 C - 3 A Commercial Tract at the intersection of Barber & Tulip 365,500 475,150 C - 4 C - 5 Mosby Letter of 1/23/91 - Fleming Street Extended to S. Easy Street (Replat portions of Unit 16 SH - affecting eighteen (18) residential lots @ $4,000 Parcels in the portion of Unit 16 SH which is platted yet not constructed. Total 27.01 ~ acres @ $14,000/acre 72,000 72,000 378,140 Withdrawn C - 6 C - 7 C - 8 C - 9 Schumann Lake Island in Unit 16, SH and related tracts. Please note that Schumann "Lake" is a dedicated drain- age right-of-way. Total 15.38 acres @ $14,000 215,320 215,320 These are parcels located in Unit 17 1,003,500 SH and designated "Commercial" or not "designated". Total 20.07 ± acres @ $50,000/acre (05/21/91 Rec. 1.07 Acres @ $14,000) This is a tract in Unit 13 which is designated as "Commercial" by GDC but zoned RS-10. Total 5.36 acres @ $14,000 14,980 Public Service ("PS") Tracts outlined on "Exhibit C-9". Total of 115.75 acres @ $14,000/acre 75,040 Withdrawn 1,620,500 1,587,320 C - 10 Main Street "Entrance" Tracts 38,220 38,220 Sub - Total $ 3,784,220 $ 2,418,990 Cash 675,980 - 0 - GRAND TOTAL ASSETS 4,460,200 $ 2,418,990 Revised: 2/14/91 Second Revision: 04/02/91 Third Revision: 04/16/92 Fourth Revision: 05/21/91 ."EXHIBIT C'! DETAILS EXhibit C - 1 Barber Street Sports Complex: Lot 4, Block 208, Unit 10 Lot valued @ $8,000 ReGomme~ded * 8,000 Exhibit C - 2 Airport Drive East, Lot 2, Block 12, Unit 1, SH Lot valued @ $8,000 * 8,000 ENhibit...C - 3 Commercial Tract - Barber Street & Tulip Ail of Block 268, Unit 10, SH Approximately 7.31 acres - zoned Commercial Limited (CL) 7.31 Acres 05/21/91 Recommendation 7.31 Acres @ 65,000 Acre * ~xhibit c - 4 475,150 Fleming Street Extended Also, see Mosby letter dated 1/23/91 marked "Exhibit C-4" 18 affected lot @ $4,000/lot is $72,000 * 72,000 Note: Exhibit C-4 - GDC Agrees: Replat prior to construction of this portion of Unit 16 or if sold to require buyer to replat prior to construction. Exhibit C - 5 This Exhibit formerly consisted of tracts in the portion of Unit 16, Sebastian Highlands, which is platted but not constructed. The tracts will be re-evaluated when GDC or its successor constructs this portion of Unit 16. Revised: 2/14/91 Second Revision: 04/02/91 Third Revision: 04/16/91 Fourth Revision: 05/21/91 "EXHIBIT C" (Continued) Exhibit C - 6 Schumann Lake "Island". Also included: ReQ.ommended 05/21/91 SH 16 - "Island" 13.36 ± acres* $ 187,040 SH 16 - Tract "R" - Blk 559 .36 ± acres* 5,040 SH 16 - Tract "S" - Blk 559 .71 ± acres* 9,940 SH 16 - Tract "T" - Blk 559 .95 ± acres* 13,300 Note: @ $14,000/Acre TOT&L 15.38 ~ Acres $ 215,320 The real property containing Schumann Lake (the water, banks, headwalls, etc.) must be added unless it has previously been dedicated by GDC as a drainage right-of-way or otherwise conveyed by GDC. Exhibit C - 7 Other Drainage Access tracts in Unit 17, Sebastian Highlands SH 17 - Tract "T" - BL 606 Schuman Waterway & Empress .18 ± ac. SH 17 - Tract "U" - BL 597 Schuman Waterway & Empress .27 ± ac. SH 17 - Tract "V" - BL 599 Schuman Waterway & Empress .34 ± ac. SH 17 - Tract "W" - BL 595 Schuman Waterway & Empress .28 ± ac. 2,520 3,780 4,760 3,920 TOTAL 1.07~ AC.$14,980 Exhibit C - 8 This exhibit formerly consisted of SH 13 - Tract "C" - Blk 326 ("Commercial") 5.36 + acres Revised: 2/14/91 Second Revision: 04/02/91 Third Revision: 04/16/91 Fourth Revision: 05/21/91 "EXHIBIT C" (Continued) E~hibit C.- 9 Reco~%men~ed Public. Ser¥ice ( ',ps,, ) .Tra~ts SH 8 - Tract "C" SH 8 - SH 9 - SH 10 - SH 10 - SH 10 - SH 10 - SH 11 - SH 11 - SH 11 - SH 11 - SH 11 - SH 13 - SH 13 - SH 13 - SH 14 - SH 15 - SH 17 - SH 17 - SH 17 - SH 17 - - Blk 223 ("Park") - Blk 193 ("Park") 8.24 + acres * 1.90 + acres Tract "A" - Blk 409 ("Park") .37 ~ acres Tract "A" Tract "B" Tract "C" - Blk 211 ("Park") - Blk 267 ("Park") - Blk 264 ("Park") - Blk 300 ("Park") 2.49 + acres 2.24 ~ acres 1.15 ± acres 2.27 ± acres Tract "A" - Blk 282 ("Park") Tract "B" - Blk 282 Tract "C" - Blk 372 ("Park") Tract "D" - (No Blk #)("Park") Tract "E" - Blk 347 ("Park") 1.68 + acres .37 ± acres 4.42 + acres 3.81 ± acres 2.93 + acres Tract "A" Tract "B" Tract "D" (Deep Swale) (Swimming Hole) (River) 3.99 ± acres * 10.08± acres * 14.07± acres * Tract "B" - Blk 507 ("Park") 5.79± acres * Tract "G" - Blk 488 ("Park") 4.62± acres Tract "A" Tract "i" Tract "N" Tract "Q" - (No Blk #)("Park") 3.55± acres - (No Blk (wetlands) 33.73± acres * - Blk 589 3.96± acres - Blk 604 ("Park") 1.72± acres TOTAL 113.38 Acres EXHIBIT C - 10 $ 115,360 26,600 5,180 34,860 31,360 16,100 31,780 23,520 5,180 61,880 53,340 41,020 55,860 141,120 196,980 81,060 64,680 49,700 472,220 55,440 24,080 $1,587,320 "Entrance', Tracts - Main Street SH 1 - Tract "B" SH 1 - Tract "H" 1.70± acres $ 23,800 1.03± acres *** 14,420 * GDC Offer 04/07/91 *** GDC Offer 04/07/91 Note: Calculated @ $14,000/Acre Revised: 2/14/91 Second Revision: 04/02/91 Third Revision: 04/16/91 Fourth Revision: 05/21/91 2.73 Acres $ 38,220