Present: Mayor Glenda E. Hood
Commissioner Don Ammerman, District 1
Commissioner Betty T. Wyman, District 2
Commissioner Frankee Hellinger, District 4
Commissioner Nap Ford, District 5
Commissioner Sheldon B. Watson, District 6
Fay W. Craig, Deputy City Clerk
Jody M. Litchford, Chief Assistant City Attorney
Police Captain Jack R. Stacey, Jr., Sergeant-at-Arms
1. Mayor Hood announced this as time set for Public Hearing, pursuant to Chapter 13, Section 7 of the Charter of the City of Orlando, to consider proposed acquistion of property known as Lot 4 and the west 60 feet of Lot 1, duPont Centre, according to the plat thereof as recorded in Plat Book 16, Pages 47 and 48 of the Public Records of Orange County, Florida, and right-of-way for Livingston Street, west of Orange Avenue, with no street address assigned, owned by duPont Centre Land Company, Inc., C/O Victor E. Woodman, 250 Park Avenue S., Winter Park, Florida 32790, and the proposed purchaser is the City of Orlando, 400 S. Orange Avenue, Orlando, Florida 32801. As advertised and to the best of the City's knowledge, the other interested party is Pizzuti Development, Inc., an Ohio corporation, 250 E. Broad St., Columbus, Ohio 43215, the City estimates the fair market value of the property to be thirty-two dollars ($32.00) per square foot, the City proposes to purchase the property for a total price not to exceed $6.2 million. Mr. Ron Pizzuti, representing Pizzuti Development, Inc., and LYNX Executive Director Paul Skoutelas appeared supporting the sale/purchase and outlining various aspects for the proposed project. Chief Assistant City Attorney Jean Roush-Burnett responded to questions regarding air rights, parking issues, amended purchase price at $6,096,562.50 and amended selling price at $31.50 per square foot, and other complexities related to the Contract for Sale Purchase with Pizzuti, Air Rights Option, Contract for Sale and Purchase with LYNX, Development Agreement; and Opt in Agreement. It was moved by Commissioner Hellinger, seconded by Commissioner Wyman and vote carried unanimously with all 6 members voting in the affirmative, approving the Contract for Sale Purchase with Pizzuti, Air Rights Option, Contract for Sale and Purchase with LYNX, Development Agreement, and Opt in Agreement, authorizing the Mayor and City Clerk to execute the standard closing documents in connection with the Contract for Sale and Purchase with Pizzuti following appropriate staff review, filed Documentary #28986.
2. There being no further business to come before Council, Mayor Hood declared the meeting adjourned at 1:15 p. m.
MAYOR-COMMISSIONER GLENDA E. HOOD
DEPUTY CITY CLERK FAY W. CRAIG