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5/4/2010 1:28:43 PM
 
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Section 5: OPA Board Subject: OC Bayside Debacle Msg# 737605
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Joe, I am sure the encroachment issue could have been solved a number of ways. The best way, in my opinion, was the method adopted and that was to renegotiate the lease and correct any issues and problems in the previous agreement. The agreement expires on October 31, 2014 and I trust that with this much notice those interested can 1. Determine what fair market rent in their opinion would be and 2. Locate additional potential companies interested in a lease. I look forward to seeing those results! Maybe we will find that we don't sit on wetlands and we can fill it in and have even more to discuss! Ted
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For reference, the above message is a reply to a message where: You pointed out there were encroachments on OPA property. I am sure the reason the lease was renegotiated was to address that specific point as well as to spell out additional terms and conditions in more detail. The encroachment issue could have been handled in another manner. The land is valuable to OPA and to Mr. Moore. But until another suitor comes along it is Mr. Moore we must deal with as the only party that I know of interested in the property. No... there is no OPA "must deal" with Seacrets in play. The reality is Seacrets must deal with OPA for parking it pretty much MUST have. OPA owned the property before Seacrets even existed. How did we survive? As you may be aware, Bill Rakow has his hand in a cast and can't type. I am sure he would like to weigh in on this matter. He can call me and dictate a response. |
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