5/4/2010 1:36:13 PM
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Section 5: OPA Board Subject: OC Bayside Debacle Msg# 737609
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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! You have been associating too much with board members. You need a break so you can resume being that Ted Moroney we know and love. OPA seems to be the only business entity that publicly explains why our assets are less valuable when negotiating a lease. In my view, Seacrets needs the parking far, far more than we need the money.... an amount someone said was equal to 365 additional foursome rounds on the golf course. We have strength, but negotiate from weakness. |
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For reference, the above message is a reply to a message where: 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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