[CALL TO ORDER]
          [00:00:02]
          OKAY. WELCOME TO THE NOVEMBER 20TH INDIAN TOWN VILLAGE COUNCIL MEETING. I'D LIKE TO REMIND YOU TO SILENCE YOUR CELL PHONES. THE BATHROOM IS LOCATED THROUGH THE DOOR TO YOUR LEFT. 
          EXIT DOORS ARE LOCATED TO YOUR LEFT AND RIGHT, CLEARLY MARKED WITH EXIT SIGNS. YOU WILL HAVE TWO OPPORTUNITIES TO SPEAK TONIGHT. THE FIRST WILL BE DURING THE PUBLIC COMMENTS SEGMENT, WHICH TIME YOU CAN COMMENT ON ANY TOPIC THAT IS NOT ON THE AGENDA. THE SECOND WILL BE DURING AGENDA ITEM DISCUSSION, AND THERE WILL BE AN OPPORTUNITY AT THE CLOSING FOR PEOPLE THAT WERE NOT PRESENT DURING THE OPENING. YOU'LL HAVE THREE MINUTES IN EACH SEGMENT. IF YOU WISH TO SPEAK, PLEASE FILL OUT A CARD AND HAND IT TO THE CLERK. AND PLEASE ADHERE TO OUR CIVILITY PRACTICE IN THIS AND ALL COUNCIL MEETINGS. WOULD YOU WOULD YOU MIND STANDING? THIS TIME, I'D LIKE TO ASK YOU TO STAND FOR THE INVOCATION AND THE PLEDGE OF ALLEGIANCE INVOCATION GIVEN BY PASTOR WILLIAMS. OUR KIND FATHER IN HEAVEN. WE BOW OUR HEADS IN, IN, IN HUMILITY AND IN HUMBLE GRATITUDE FOR THE MANY BLESSINGS I WAS POURED UPON US. UPON THAT WE CAN MEET HERE AND CIVILLY DISCUSS THE NEEDS OF OUR OF OUR OUR VILLAGE. AND WE'RE GRATEFUL FOR THE HARD WORK THAT OUR PUBLIC SERVANTS GIVE US TO. TO MAKE THIS MAKE INDIAN TOWN A BETTER. AND WE PRAY THAT WE PRAY FOR THEM, AND WE PRAY FOR THOSE THAT, THAT, THAT AREN'T HERE, THAT THEY MAY BE ABLE TO TO BE A PART OF THIS, THIS GREAT MOVEMENT. AND WE ASK THAT THY SPIRIT BE WITH US, THAT WE MAY CIVILLY DISCUSS THE NEEDS AND WORK TOGETHER AND FIND SOLUTIONS THAT BEST SERVE EVERYONE, AND ESPECIALLY THAT SERVE, SERVE THEE AND THY IDEAS. FOR INDIAN TOWN. WE ASK THAT THOU WILL HELP US BE SENSITIVE TO THY PROMPTINGS AS AS WE GO ABOUT OUR BUSINESS, AND WE PRAY THIS IN JESUS NAME. AMEN. AMEN. 
          I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. OKAY. THANK YOU, PASTOR WILLIAMS. BEFORE WE GO TO OUR PUBLIC COMMENTS, WE GOT STEPHANIE EDER WITH US FROM INDIAN RIVER COMMUNITY COLLEGE, INDIAN RIVER STATE COLLEGE, AND SHE'S GOING TO SPEAK TO US ABOUT SOME PROGRAMS THAT SHE HAS. SO WELCOME. THANK YOU. GOOD EVENING. VILLAGE COUNCIL GUESTS AGAIN. MY NAME IS STEPHANIE EDER. I'M THE DEAN OF THE SCHOOL OF EDUCATION AND OUR CHARTER SCHOOLS FOR INDIAN RIVER STATE COLLEGE. PLEASURE TO BE HERE. I BRING YOU GREETINGS AND WELL WISHES FROM OUR PRESIDENT, DOCTOR TIMOTHY MOORE, AND THE ENTIRE COLLEGE COMMUNITY. EARLIER THIS MORNING, I HAD THE OPPORTUNITY TO ANNOUNCE SOME PROGRAMS AT THE CHAMBER OF COMMERCE BREAKFAST, AND I WANTED TO MAKE THOSE SAME ANNOUNCEMENTS. HERE WE ARE EXPANDING OUR OFFERINGS AT INDIAN TOWN HIGH SCHOOL TO INCLUDE MORE OF WHAT YOU CAN FIND ON SOME OF OUR OTHER COLLEGE CAMPUSES. SO STARTING IN JANUARY, WE WILL HAVE OUR ADULT EDUCATION PROGRAM AND THAT IS OUR GED CLASSES. WE HAVE A REGISTRATION AND INFORMATION NIGHT FOR THE GED PROGRAM ON DECEMBER 1ST, FROM 5 TO 7 P.M. AT THE HIGH SCHOOL, AND THEN CLASSES BEGIN IN JANUARY, COMING IN JANUARY AND IN THE SPRING WE WILL ALSO HAVE NONCREDIT COURSES. SO COURSES IN COMPUTERS, CONVERSATIONAL ENGLISH, HOPING TO GET SUFFICIENT ENROLLMENT TO OFFER PHLEBOTOMY CERTIFICATION. THAT LEADS, OF COURSE, DIRECTLY TO JOBS. IN ADDITION TO THAT, WE WERE APPROVED. THE HIGH SCHOOL SITE WAS APPROVED AS AN OFF CAMPUS INSTRUCTIONAL SITE FOR THE COLLEGE, WHICH MEANS THAT WE CAN EXPAND OUR DUAL ENROLLMENT PROGRAMS AND OUR COLLEGE CREDIT OFFERINGS IN THE FUTURE SO THAT WE CAN BEGIN TO OFFER COLLEGE CREDIT CLASSES AT THE HIGH SCHOOL. SO GREAT THINGS HAPPENING AT THE HIGH SCHOOL. WE ARE EXCITED TO BRING THEM HERE AND INCREASE THE OPPORTUNITIES HERE IN THE VILLAGE OF INDIAN TOWN. AND THAT'S ALL THAT I WANTED TO SAY. ARE THERE ANY QUESTIONS? THAT'S WONDERFUL. THANK YOU. I HAVE A QUESTION. SO WHEN YOU GET ARE YOU ALL GOING TO DO LIKE A JOB FAIR FOR THOSE FOR THE DIFFERENT INSTRUCTIONAL POSITIONS OR ARE YOU JUST WANT KIDS? WE HAVE NOT. WE'RE JUST POSTING THEM ON THE SITE AND SPECIFICALLY NAMING THEM, AS YOU KNOW, FOR INDIAN TOWN. AT THIS POINT, THE ONLY POSITIONS THAT HAVE BEEN POSTED ARE FOR THE GED INSTRUCTION. WE ARE USING INTERNAL FOLKS ALREADY FOR COMPUTER AND PHLEBOTOMY, 
          [00:05:03]
BUT WE'RE LOOKING FOR A LOCAL CONVERSATIONAL ENGLISH INSTRUCTOR. BUT THOSE ARE JUST ALL ON THE COLLEGE'S WEBSITE. WE ARE NOT YET TO THE POINT WHERE WE NEED THAT MANY TO HAVE A JOB FAIR, RIGHT? BUT I'LL BE GLAD TO GIVE MY CARD TO ANYONE WHO MIGHT WANT WHO MIGHT BE INTERESTED IN TEACHING. WE'RE ALWAYS LOOKING FOR NEW INSTRUCTORS, ESPECIALLY OUT HERE IN THE VILLAGE. WOULD BE GREAT TO USE SOME OF OUR OWN LOCAL FOLKS HERE. YEAH. YOU'LL TAKE A CARD? YEAH, ABSOLUTELY. I BROUGHT PLENTY TO PASS OUT. OKAY, LET ME GET ANY OTHER QUESTIONS. ANYBODY ELSE? YEAH. NO, NO. THANK YOU FOR THANK YOU. THANK YOU FOR THE OPPORTUNITY 
          [PUBLIC COMMENT (3 MINUTES EACH)]
TO SPEAK. THANK YOU FOR ALL YOU DO. OKAY. PUBLIC COMMENTS. YES. YEAH. LIEUTENANT. I GOT A SHORT ATTENTION SPAN TONIGHT. GOOD EVENING. KEEP IT SHORT AND SWEET. JUST WANTED TO UPDATE YOU GUYS ON A COUPLE THINGS REGARDING INDIAN TOWN AS IT RELATES TO THE SHERIFF'S OFFICE. 
          I ALREADY DISCUSSED WITH THE MAYOR AND MISS KRISTA THAT STARTING IN JANUARY, WE'RE AT A POINT NOW WHERE WE'RE ACTUALLY GOING TO BE INCREASING OUR STAFFING HERE IN INDIAN TOWN. 
          SO CURRENTLY WE HAVE TWO DEPUTIES AND A SERGEANT ON THE SHIFTS MONDAY THROUGH THURSDAY, AND WE INCREASED TO THREE DEPUTIES AND A SERGEANT FRIDAY THROUGH SUNDAY. WELL, NOW WE'RE GOING TO BE MOVING TO THREE DEPUTIES AND A SERGEANT THROUGHOUT THE ENTIRE WEEK. 
          LUCKILY, WE'RE AT A POINT NOW WITH OUR STAFFING WHERE WE CAN START FILLING SOME POSITIONS. 
          ALSO, IN THE SHORT TERM FUTURE HERE, WE'RE GOING TO BE GETTING A DEDICATED TRAFFIC DEPUTY TO HELP WITH SOME OF THE TRAFFIC ISSUES. IN THE MEANTIME, WE ARE GOING TO BE DEDICATING A DEPUTY OUT HERE FROM THE TRAFFIC UNIT FOR ABOUT THREE HOURS IN THE MORNING DURING RUSH HOUR TO ABOUT THREE HOURS IN THE EVENING DURING RUSH HOUR. AND THEY'RE GOING TO BE PRIMARILY FOCUSED ON CITRUS SEVEN, TEN AND 609 TO HELP WITH SOME OF THE SPEEDING ISSUES. OBVIOUSLY, YOU ALL KNOW SOME OF THE ISSUES WE HAVE WITH A LOT OF THE FATALITIES BECAUSE OF THE BAD ACCIDENTS, SO HOPEFULLY WE CAN START CURBING THAT A LITTLE BIT. SO WE'RE TRENDING UPWARDS. 
          OBVIOUSLY, AS THE TOWN GROWS AND THE VILLAGE GROWS, WE HAVE TO GROW WITH IT. SO THIS IS OUR FIRST STEP. SO JUST WANTED TO KEEP YOU GUYS UP TO DATE ON EVERYTHING. SO THANK YOU I GOT A QUESTION. YES MA'AM. AND SO LIKE SOME OF THE OTHER COMMUNITIES THEY HAVE. CITIZEN VOLUNTEER YOU KNOW, WATCHDOG KIND OF THING. ARE YOU ALL IS THAT ON THE HORIZON? I DON'T KNOW ANYTHING ABOUT THAT. I CAN REACH OUT TO OUR COMMUNITY OPERATIONS DIVISION, AND THEN I CAN COME TO THE NEXT VILLAGE COUNCIL MEETING AND UPDATE YOU. OR SOMETIME BEFORE THEN, I CAN GET WITH YOU PRIVATELY AND UPDATE YOU. WE DON'T HAVE THAT IN OTHER PARTS OF THE COUNTY, SO IT'S NOT LIKE AN INDIAN TOWN SPECIFIC THING THAT DOESN'T HAVE IT. BUT I CAN SEE IF THAT'S SOMETHING THAT IS BEING LOOKED AT. OKAY OKAY. ALL RIGHT. THANKS. AND THANK YOU GUYS FOR THE JOB THEY DO SIR. WE WE ALL APPRECIATE IT. THE COMMUNITY APPRECIATES IT. THANK YOU GUYS. 
          THANK YOU THANK YOU OKAY. PUBLIC COMMENTS. NO SIR. NONE. NONE. NOPE OKAY. COMMITTEE REPORTS. NONE. COMMENTS BY VILLAGE MANAGER. NO, SIR. I'M GOOD. COMMENTS BY COUNCIL 
          [APPROVAL OF AGENDA]
MEMBERS? NO. OKAY. APPROVAL OF AGENDA. MOTION TO APPROVE. I GOT A MOTION SECOND AND WE GOT 
          [Discussion on Vacant Land Contract for Village Owned Parcel at 15225 SW Warfield Blvd. ]
A SECOND. ALL IN FAVOR? ALL RIGHT. OKAY. DISCUSSION ON VACANT LAND. CONTRACT FOR VILLAGE OWNED PARCEL ON WARFIELD BOULEVARD. YES, SIR. I'LL START THIS, AND I'M GOING TO TURN IT OVER TO MR. VOSS TO TO GET ON TO INTO THE WEEDS WITH IT A LITTLE BIT MORE. BUT ON TUESDAY. I RECEIVED AN ENVELOPE FROM THE CUSTOMER SERVICE. FOLKS, I CAN'T HEAR YOU. I'M SORRY. I RECEIVED AN ENVELOPE FROM THE FROM THE CUSTOMER SERVICE FOLKS THAT HAD BEEN DROPPED OFF. AND INSIDE THAT ENVELOPE WAS THE CONTRACT THAT IS ATTACHED TO THIS AGENDA ITEM. THE THE CONTRACT. I'M NOT A REALTOR, SO AND THAT'S WHY I WANT MR. VOSS TO TO DELVE INTO THE SPECIFICS. BUT ESSENTIALLY THEY'RE OFFERING TO ACQUIRE OR PURCHASE OUR FIVE ACRE PIECE ON THE OTHER SIDE OF HITCHCOCKS FOR $3 MILLION. AND IT HAS SOME OPTIONS IN THERE AS WELL. SO AT THIS POINT, I'LL TURN IT OVER TO WADE TO TALK ABOUT, YOU KNOW, DUE DILIGENCE AND ALL THE OTHER THINGS. THE REASON I PUT IT ON THE AGENDA FOR TONIGHT, NOT EXPECTING YOU TO TAKE SPECIFIC ACTION OTHER THAN PROVIDING MR. VOSS WITH SOME DIRECTION TO MOVING FORWARD, IS BECAUSE WHEN YOU LOOK AT IT, IT SAYS THAT THIS TRANSACTION WOULD BE COMPLETED BY DECEMBER 12TH OR NOT BE VALID. AND YOUR YOUR NEXT MEETING IN DECEMBER IS DECEMBER 11TH. SO I WANT TO MAKE SURE THAT YOU AND MR. VOSS HAD ADEQUATE TIME TO REVIEW THIS CONTRACT AND PROVIDE HIM 
          [00:10:05]
WITH SOME DIRECTION. SO WITH THAT, PLEASE. THANK YOU. COUNCIL MEMBERS. GOOD EVENING. 
          SO THE CONTRACT THAT WAS DELIVERED, I THINK THE FIRST THING I'LL MENTION ON IT, THE BULK OF WHAT'S GOING ON IS DOWN AT THE END IN THE ADDITIONAL TERMS. AND I THINK ONE OF THE MOST IMPORTANT PIECES FOR UNDERSTANDING THIS, THIS WHOLE THING IS IT DOES INDICATE THAT BUYER AGREES TO REPLACE THIS INITIAL STANDARD FORM CONTRACT WITH A MORE FORMAL SALE SALE PURCHASE AN OPTION CONTRACT. IT SAYS WITHIN SEVEN DAYS OF FORMAL ACCEPTANCE. OUR RECOMMENDATION IS NOT GOING TO BE GOING EXACTLY THAT WAY. RATHER, THEY TOOK A VACANT LAND CONTRACT, WHICH IS A STANDARD FAR BAR FORM, AND THEN THEY ADDED ON OPTION TERMS, WHICH CAN HAVE THEIR OWN COMPLICATIONS. SO AS THEY SUGGESTED, I THINK THE APPROPRIATE WAY TO MOVE FORWARD WITH REGARD TO THIS WOULD BE FOR, FOR MYSELF AND YOUR BROKER, KEVIN POWERS, AS WELL WORK WITH THE PROSPECTIVE BUYER AND POTENTIALLY THEIR COUNSEL. WHEN I LOOKED THEM UP, I SAW THAT THEY ENTITY, THE ENTITY THEY MADE THE OFFER UNDER, WAS INCORPORATED BY NASON YEAGER, WHICH IS A VERY PROMINENT FIRM THAT I KNOW A NUMBER OF THE ATTORNEYS AT OVER IN PALM BEACH COUNTY DO WORK WITH THEM TO HAVE A PROPER OPTION CONTRACT PUT TOGETHER TO LAY OUT THESE TERMS. NOW, THE ESSENTIAL TERMS THAT ARE LAID OUT IN THIS ARE THESE THAT THE PURCHASE PRICE FOR THE PROPERTY WOULD BE $3 MILLION. ALL RIGHT. IN ADDITION TO THAT, THAT WHAT THEY ARE LOOKING TO PROCURE IN THE FIRST INSTANCE IS AN OPTION. ALL RIGHT. FIRST, A ONE YEAR OPTION FOR $75,000. WHAT DOES THAT MEAN? IT MEANS THAT THEY WANT TO PUT $75,000. IN ADDITION TO THAT 3 MILLION DOWN CASH ON THE BARREL TO EFFECTIVELY LOCK UP THIS PROPERTY FOR A WHOLE YEAR. OKAY. WHILE THEY ENGAGE IN THEIR EVALUATIONS AND WAIT TO SEE, YOU KNOW, THINGS THAT MAY COME TO BE AND WHETHER THINGS ARE GOING TO WORK BUILT IN. 
          ALSO INTO THIS CONTRACT IS A 90 DAY DUE DILIGENCE PERIOD. WHAT I GATHER FROM THESE PIECES TOGETHER. AND AGAIN, THIS IS WHY YOU WOULD HAVE A MORE FORMAL CONTRACT TO MAKE ALL THIS CRYSTAL CLEAR. WHAT I GATHER THE INTENTION HERE IS BE THAT THERE'S A 90 DAY DUE DILIGENCE PERIOD WHERE THE 75,000 THEY WOULD BE PUTTING DOWN WOULD BE REFUNDABLE. 
          ESSENTIALLY, THEY GET IT UNDER CONTRACT. THEY DO SOME INITIAL DUE DILIGENCE IN THOSE 90 DAYS AND THEY SAY WE'D REALLY LIKE TO, BUT IT'S NOT GOING TO WORK. THEN, YOU KNOW, THEY'RE GONE. 
          THAT'S VERY STANDARD ON A ON ANY SORT OF, YOU KNOW, REAL ESTATE PURCHASE CONTRACT, PARTICULARLY ONE OF ANYTHING IN THE MILLIONS. SO IF IT WOULD GET PAST THAT 90 DAYS, BEST AS I CAN UNDERSTAND HERE THEN THAT 75,000 WOULD WHAT WE SAY IN THE BUSINESS WOULD GO HARD. ALL RIGHT. THAT 75,000 WOULD BE THE VILLAGES. THE VILLAGE WILL HAVE EARNED IT AT THAT POINT, AND IT WILL BE THE VILLAGE'S. IN ANY EVENT, EVEN IF THEY PULL OUT SIX MONTHS LATER OR WHAT HAVE YOU, THEY'RE LOCKING UP THE ABILITY TO BUY THE PROPERTY AT $3 MILLION FOR THAT YEAR. ALL RIGHT. THEY ALSO HAVE IN HERE THE THE OPPORTUNITY TO HAVE AN ADDITIONAL ONE YEAR OPTION FOR AN ADDITIONAL 75,000. THAT IS BEST I CAN READ HERE WOULD BE IMMEDIATELY HARD. THAT'D BE ANOTHER $75,000. THAT WOULD BE THE VILLAGES, RIGHT? WHEN THEY PAY IT FOR THEM TO HAVE IT FOR ANOTHER YEAR. IT'S IT'S KIND OF A, AN OPTION CONTRACT IN, IN A PHASE LIKE THIS. I WOULD KIND OF CHARACTERIZE IT AS A BROADER SECOND PHASE DUE DILIGENCE THAT THEY'RE WILLING TO PAY FOR. ALL RIGHT. SO LOCKING UP FOR A PERIOD OF TIME, THE I THINK AN IMPORTANT POINT TO NOTE HERE, IF YOU TOOK A LOOK AT THE ADDITIONAL TERMS, WE GOT A LOT OF THIS BOUNCING AROUND. WHAT THE PROSPECTIVE BUYER STATED WAS BUYER INTENDS TO BUILD A HEALTH CARE CAMPUS, BUYER TO PROVIDE CONCEPTUAL SITE PLAN BY DECEMBER 5TH, 2025. SO MY SUGGESTION, OUR SUGGESTION, CONSISTENT WITH WHAT I HAD MENTIONED ABOUT GETTING A MORE FORMAL CONTRACT TOGETHER, WOULD BE TO ASK THEM TO STICK WITH THAT TIMELINE ON DECEMBER 5TH, BECAUSE I THINK THAT WOULD PROBABLY BE HELPFUL IN ILLUMINATING FOR YOU ALL IF THEY'D ALREADY COMMITTED TO PUT TOGETHER A CONCEPTUAL SITE PLAN TO UNDERSTAND KIND OF THE GENERAL IDEA THERE. I THINK THAT WOULD BE USEFUL FOR YOU ALL TO HAVE GOING INTO THAT. SO. THAT'S BASICALLY WHAT YOU HAVE 
          [00:15:01]
BEFORE YOU HERE. I WILL OFFER THIS GENERAL THOUGHT, OKAY. WHEN IT COMES TO AND THIS IS A DISCUSSION WE WOULD HAVE ENDED UP HAVING POTENTIALLY ON ANY SORT OF CONTRACT OTHER THAN SOMEBODY COMING IN ON A SHORT DUE DILIGENCE, PUTTING CASH ON THE BARREL AND SAY, HEY, I JUST WANT TO BUY IT. HERE'S THE MONEY. YOU WANT TO MAKE SURE THAT YOUR IN SOME WAY OR ANOTHER DEALING WITH REAL FOLKS. WHEN YOU'RE WHEN SOMEBODY'S GOING TO BE LOCKING UP A PIECE OF PROPERTY FOR A LONG PERIOD OF TIME IN MY VERY SHORT AMOUNT FROM THE TUESDAY AFTERNOON TO NOW, IN THE OPPORTUNITY, I'VE HAD TO JUST TAKE A PEEK AT THE PRINCIPLES BEHIND THIS ENTITY AND OTHER ENTITIES THAT THEY ARE APPEAR TO BE ASSOCIATED WITH AND OTHER PROJECTS THEY'VE DONE. MY INITIAL READ IS THAT THESE FOLKS ARE REAL TO, TO PUT IT IN THE VERNACULAR. SO THAT'S WHAT YOU HAVE BEFORE YOU TONIGHT JUST TO DISCUSS, YOU KNOW, BASIC THOUGHTS ON THE TERMS THERE AND WHAT STAFF WOULD RECOMMEND WOULD BE DIRECTION TO STAFF AND MYSELF IN PARTICULAR, TO WORK WITH THE PROSPECTIVE BUYER, THEIR ATTORNEYS POTENTIALLY, AND MR. POWERS TO PUT TOGETHER A FORMAL OPTION CONTRACT TO BRING BACK BEFORE YOU ON THE 11TH WITH THE ADDITIONAL INFORMATION THAT THEY INDICATED THAT THEY WOULD LIKE TO PUT TOGETHER FOR THIS. 
          I'M GLAD TO ANSWER ANY QUESTIONS OR ENGAGE ANY DISCUSSION. DO YOU HAVE ANY QUESTIONS? I DO OKAY. COMMENT QUESTION READ OVER THIS CONTRACT AND JUST LIKE YOU SAID, IT NEEDS TO BE PUT ON THE PROPER FORM. THIS IS NOT THE PROPER FORM FOR AN OPTION. WE PUT IT ON THE PROPER FORM. AND I WOULD LIKE SOME DISCUSSION ABOUT WHETHER THEY WOULD CONSIDER, BECAUSE THEY'RE ASKING FOR A TWO YEAR POTENTIAL TWO YEAR OPTION, IF THEY WOULD CONSIDER A KICK OUT CLAUSE AT SOME POINT IN TIME, WITH A REASONABLE AMOUNT OF TIME FOR THEM TO, YOU KNOW, FIRM UP THAT, YES, WE'RE MOVING FORWARD, IF MAYBE THEY WOULD CONSIDER SOME SORT OF A KICK OUT CLAUSE IF ANOTHER BUYER CAME FORWARD WITH CASH SOONER THAN THE TWO YEARS. 
          IT'S A COMMONLY DONE TO HAVE A KICK OUT CLAUSE ON A CONTRACT, ESPECIALLY WHEN, I MEAN, THEY'RE PAYING FOR THE OPTION. BUT THAT SECOND YEAR OPTION, I THINK HOLDING A WHOLE NOTHER YEAR OUT. MAYBE WE SHOULD CONSIDER HAVING SOME SORT OF KICK OUT CLAUSE, EVEN IF WE HAVE TO PRORATE THEIR OPTION MONEY AND SEND THEM BACK. MY ONLY CONCERN WITH THIS, AND I LOVE THE IDEA OF THE HEALTH CARE FACILITY. FACILITY? THAT'S GREAT. I LIKE THE IDEA OF SELLING IT, BUT I'M A I'M A LITTLE APPREHENSIVE ABOUT HOLDING IT FOR $150,000 FOR TWO YEARS. THAT WOULD BE MY ONLY CONCERN. IT WOULD BE A DISCUSSION ITEM, NOT A DEAL KILLER. BUT I'D LIKE TO KIND OF KNOW, YOU KNOW, ONCE IT'S ON AN ACTUAL OPTION FORM, IF THAT'S SOMETHING THAT THEY MIGHT CONSIDER. AND COUNCILMAN, JUST BECAUSE I THINK ONE OF THE THINGS THAT WE CAN DO TONIGHT, IF THERE ARE ANY, YOU KNOW, PARTICULAR PIECES AND PARTS TO TRY TO FLESH THINGS OUT TONIGHT, LET LET ME ASK YOU WITH, WITH REGARD TO A KICK OUT CLAUSE. 
          THAT, THAT THAT'S A TERM THAT'S COMMONLY USED. THERE ARE A LOT OF DIFFERENT WAYS THEY CAN WORK. 
          DID YOU HAVE ANY THOUGHTS? AND JUST TO EXPLAIN YOUR THINKING OF OF WHAT WOULD THAT BE. SO TO THE REST OF THE COUNCIL, TO THE PUBLIC. SO AN OPTION CONTRACT GET THEY'RE BUYING THE TIME. 
          IT'S NOT TYPICAL TO SEE THE 90 DAY DUE DILIGENCE AND THEN THE MONEY GOING HARD. IT'S TYPICAL THAT THE OPTION CONTRACT IS THEY HAVE THE WHOLE DUE DILIGENCE FOR THE ENTIRE YEAR. 
          BUT I UNDERSTAND WHAT THEY'RE DOING. THEY'RE SEEING IF IT'S GOING TO WORK. THEY DON'T WANT TO COMMIT TO THAT UNTIL THEY THEY KNOW THAT THE PROPERTY IS GOING TO WORK FOR THEM. SO I DON'T REALLY HAVE A BIG HOLD UP ON THAT. IT DOES HAVE TO BE ON AN OPTION CONTRACT. A VACANT LAND CONTRACT IS NOT THE APPROPRIATE CONTRACT FOR AN OPTION. THE THE CLOSING DATE WOULD NEED TO BE CORRECTED BECAUSE IF THEY'RE ASKING TO FOR THE SECOND OPTION, THEN WE CAN'T HAVE A CLOSING DATE ON THE CONTRACT OF 2026. WE WOULD HAVE TO KNOW SOME TERMS ABOUT WHETHER THEY'D EXERCISE ANOTHER OPTION. WHY WOULD THEY EXERCISE THAT OPTION? I'D LIKE TO SEE THAT. BUT AS FAR AS THE KICK OUT CLAUSE GOES, TYPICALLY IF YOU'RE GOING TO PUT SOMETHING UNDER CONTRACT ON AN OPTION, IT'S USUALLY FOR ABOUT A YEAR, WHICH IS TO GIVE THEM TIME TO GET EVERYTHING THEY NEED TO DO DONE TO MAKE SURE THE PROPERTY IS GOING TO WORK FOR THIS BIG DEVELOPMENT. AND A KICK OUT CLAUSE NORMALLY WORKS WITH A PURCHASE WHERE THERE'S A LONG DUE DILIGENCE OPTIONS TYPICALLY CAN BUY THE TIME, BUT THIS IS NOT A LOT OF OPTION MONEY TO BUY THAT MUCH TIME. I'VE SEEN $75,000 HOLD 90 DAYS, NOT A YEAR. SO IF ANOTHER BUYER CAME 
          [00:20:10]
ALONG DURING THAT TIME PERIOD WITH CASH ON THE BARRELHEAD AND WANTED TO PURCHASE AND COULD PURCHASE, THEN WE MIGHT WANT THAT OPTION TO LOOK AT THAT OTHER. AND A KICK A KICK OUT CLAUSE DOES IS IT GIVES THESE PEOPLE A CERTAIN AMOUNT OF TIME, AND IT CAN BE A LARGE AMOUNT OF TIME, BECAUSE THIS IS A BIG PURCHASE, A CERTAIN AMOUNT OF TIME TO GO SOLID ON THE CONTRACT AND SAY, OKAY, WE'RE REMOVING THE OPTION. WE'RE GOING TO GO WITH THE CONTRACT TO SELL, CONTRACT TO PURCHASE. AND IT CHANGED THE OPTION INTO AN ACTUAL CONTRACT. THAT KICK OUT CLAUSE GIVES THEM X NUMBER OF TIME. IF SOMEONE COMES FORWARD AND SAYS I WILL PUT A CONTRACT ON IT, THEN THAT KICK OUT CLAUSE SAYS, OKAY, YOU'VE GOT LET'S SAY 90 DAYS TO MAKE UP YOUR MIND WHETHER YOU WANT TO, YOU KNOW, MOVE FORWARD AND ACTUALLY PURCHASE IT OR WE'RE GOING TO SELL IT TO THE OTHER PERSON. NOW, TYPICALLY IF YOU'RE BUYING THE OPTION, YOU YOU WANT TO KNOW THAT YOU'VE GOT THAT TIME. SO THEY EITHER I FEEL LIKE THEY EITHER NEED TO COME UP WITH A LITTLE BIT MORE OPTION MONEY. IF THEY HOLD IT UP FOR THAT SECOND YEAR, I THINK THERE NEEDS TO BE MORE OPTION MONEY DOWN ON THAT SECOND YEAR, BECAUSE THEY SHOULD HAVE GOTTEN ENOUGH DUE DILIGENCE DONE TO KIND OF KNOW WHETHER THEY'RE MOVING FORWARD. 
          EITHER THE OPTION MONEY NEEDS TO BE MORE FOR THE SECOND TERM, OR THEY NEED A KICK UP CLAUSE IN THE SECOND TERM. THOSE WOULD BE MY TWO SUGGESTIONS. I WOULD HATE TO HOLD THE PROPERTY OFF THE MARKET FOR TWO YEARS FOR $150,000. THOSE ARE ALL MY THOSE ARE JUST MY THOUGHTS ON ON THIS CONTRACT. I'VE WRITTEN A LOT OF THESE. I HAVE INVESTORS THAT I'VE BEEN WORKING WITH FOR OVER 20 YEARS IN THREE STATES, AND I'VE WRITTEN A LOT OF OPTION CONTRACTS, AND THIS IS SOMETHING THAT TYPICALLY WE SEE. SO THAT'S MY COMMENT. OKAY. MR. FAUST, AFTER VOTE, AFTER WE DO OUR CITY GIVE 75,000 AND THEY DO THEIR 90 DAY DUE DILIGENCE, THEY DECIDE AT THAT POINT THEY WISH NOT TO CONTINUE. WHAT DOES THAT WHERE DOES THAT LEAVE US? YEAH. SO THE THE BEST I CAN SEE AND AGAIN WHY WE NEED TO GET IT MORE. THE BEST I CAN SEE THE INTENTION IN ALL THIS IS DURING THAT DURING THE FIRST 90 DAY DUE DILIGENCE PERIOD, THE, THE 75,000 WOULD BE REFUNDABLE. IT'S BASICALLY LIKE A REFUNDABLE DEPOSIT. RIGHT. SO AND THAT BY THE WAY, THAT IS VERY TYPICAL, VERY TYPICAL IN A, IN COMMERCIAL REAL ESTATE PURCHASE PURCHASE CONTRACT TO HAVE 90 DAYS, FOR EXAMPLE, AS A DUE DILIGENCE PERIOD AND THEN HAVE THE ENTIRE DEPOSIT BE REFUNDABLE. OKAY. AND AFTER THE 90 DAYS THEY SAY, WELL, YES, I WANT TO CONTINUE. WHAT HAPPENS THEN THAT $75,000 WOULD, QUOTE UNQUOTE, BECOME HARD. IT WOULD BECOME THE VILLAGES AT THAT POINT. IT'S NOT GOING BACK TO THEM. SO THAT'S $75,000 OF MONEY THAT WE GET TO PUT SOMEWHERE AND USE, AND IT REMAINS UNDER THE OPTION FOR THE REST OF THE YEAR TERM OF THE OPTION FOR THAT YEAR. OKAY. WE DO NOT HAVE WATER ON THAT PROPERTY OR ANY INFRASTRUCTURE. CORRECT? CORRECT, CORRECT. AND THE 90 DAYS. WELL, THEY KNOW THAT ALREADY, BUT IN THE 90 DAYS THEY CAN FINISH. I'M SO SORRY I SAID PRESUMABLY THEY THEY KNOW THAT ALREADY. YEAH. WITHIN THOSE 90 DAYS, WITHIN THEIR DUE DILIGENCE, THEY'LL FIGURE ALL THAT OUT AND FIGURE OUT IF IT WORKS FOR THEM. CORRECT. WE DON'T LOOK TO HAVE WATER FOR ANOTHER TWO YEARS. IF I'M REMEMBERING CORRECTLY. BUT WE'RE ALSO CURRENTLY. AND THE REASON I HESITATE IS WE'RE HAVING SOME CONVERSATIONS ABOUT DOING SOME THINGS DIFFERENTLY WITH OUR EXISTING WELLS, AND WE MAY SQUEEZE SOME ADDITIONAL UNTIL WE GET THE SITE PLAN, AND WE KNOW WHAT THEY'RE PLANNING ON PUTTING ON THERE AND HOW MANY THEY WOULD NEED. IT'S HARD TO SAY IF THEY WOULD HAVE IT OR NOT. OR WE HOPE TO HAVE THE NEW WATER PLANT UP AND RUNNING WITHIN TWO YEARS. ABSOLUTELY. OKAY. MR. VOSS, I WOULD LIKE FOR YOU TO TELL US WHAT WE TAKE SOME TIME. NOT TONIGHT. TELL US WHAT WE DON'T SEE AND DON'T KNOW. I'M READING THIS CONTRACT. 
          IT'S REALLY INTERTWINING AND CONFUSING. IT'S SIMPLE, BUT IT'S CONFUSING. SO TELL ME WHAT WE DON'T SEE. SO IT GIVES US TIME TO FIGURE OUT WHAT WE'RE ACTUALLY WORKING WITH. SURE. 
          AND LET ME LET ME TRY TO TAKE A LITTLE HACK AT THAT. NOW I'M GOING TO BE MAKING SOME GUESSES AS TO, YOU KNOW, WHAT MIGHT NOT BE IMMEDIATELY APPARENT OR WHAT HAVE YOU. AND AGAIN, SORRY TO SOUND LIKE A BROKEN RECORD WHEN YOU'RE PIECING, YOU KNOW, BITS AND PIECES TOGETHER OF 
          [00:25:04]
DIFFERENT STUFF. IT IT DOESN'T ALWAYS, YOU KNOW, COMPUTE PERFECTLY PUTTING AN OPTION ON TO VACANT LAND CONTRACT. BUT WE'RE GOING TO HAVE ALL THAT SORTED OUT. SO IT'S ALL GOING TO BE VERY CLEAR. EVERYTHING THAT HAPPENS AT AT EVERY SINGLE PIECE AND SO ON. I THINK THE, THE BIGGEST THING AND IT'S GOING TO SOUND OBVIOUS WHEN I SAY IT, BUT IT'S JUST SOMETHING TO KEEP IN MIND. AND THERE THERE ARE TWO SIDES TO IT. ENTERING INTO A CONTRACT LIKE THIS WILL. LOCK UP THE PROPERTY POTENTIALLY FOR TWO YEARS. RIGHT? I MEAN, THAT THAT'S APPARENT RIGHT THERE THAT YOU COULD HAVE SUBSTANTIAL APPRECIATION OF THE PROPERTY IN THAT TIME. YOU COULD HAVE A SUBSTANTIAL NOT APPRECIATION OF THE PROPERTY. IN THAT TIME, ALL MANNER OF THINGS COULD HAPPEN. AND. IT REALLY COMES DOWN IN PART WHEN IT COMES TO LOCKING UP A PIECE OF PROPERTY FOR A LONG PERIOD OF TIME. IF THERE IS A REASON FOR IT, IF THERE'S A, YOU KNOW, REASONABLE JUSTIFICATION FOR WHY IT WOULD TAKE A FAIR BIT OF TIME, I WOULD SUGGEST IN IN THIS INSTANCE HERE, BECAUSE INFRASTRUCTURE IS WATER AND WASTEWATER, WATER IN PARTICULAR IS NOT THERE AND NOT IMMEDIATELY CAN BE PUT THERE. 
          EVEN IF WE COULD PUT PIPES IN THE GROUND, THAT'S CAUSE FOR SOMEONE LOOKING TO SPEND MILLIONS OF DOLLARS, TO NEED SOME MORE TIME TO LOOK AT IT SO THAT MILITATES IN FAVOR OF IT. 
          IF THIS WERE SOMEONE COMING IN JUST SAYING, HEY, THAT LOOKS LIKE INTERESTING PROPERTY. I WANT TO PAY YOU SOME MONEY TO TIE IT UP FOR TWO YEARS WITHOUT ANY FURTHER STORY. MIGHT BE A DIFFERENT STORY. THEY HAVE INDICATED THAT THEY HAVE A MEANINGFUL USE FOR THAT THAT PROPERTY. AND SO I THINK THAT WOULD MILITATE A LITTLE BIT MORE IN FAVOR OF THERE BEING A JUSTIFICATION FOR THE IDEA OF TYING IT UP FOR A SUBSTANTIAL PERIOD OF TIME. THAT'S JUST MY INITIAL READ ON EVERYTHING I'VE SEEN THUS FAR. I DID MY ELEMENTARY RESEARCH. A QUICK LOOK ACTUALLY, THE THE PURCHASERS FOR THE CONTRACT OR THE CONTRACT IS A NONPROFIT ORGANIZATION. NONPROFIT GENERALLY MEANS, WELL, IT'S NOT ANYTHING UNUSUAL FOR MEDICAL PEOPLE OR MEDICAL FACILITIES. THE MAJORITY OF THEM ARE NONPROFIT. BUT DOES THAT MEAN NONPROFIT? NO TAXES. AND I ASKED MISS CHRISTIE ABOUT THAT TODAY. MOST NON-PROFITS OR SOME NON-PROFITS DON'T PAY TAXES, SO WE WOULD LOSE THE POTENTIAL TAXES ON THIS PROPERTY. SO LET ME LET ME ADDRESS THAT BECAUSE I WANT TO GIVE YOU A HYPOTHETICAL. OKAY. ALL RIGHT. 
          LET'S LET'S MOVE AWAY FROM THIS PARTICULAR SET OF BUYERS, YOU KNOW, POTENTIAL HEALTH CARE GROUP AND SO ON. I'M GOING TO MAKE UP SOMETHING. ANYONE WHO HEARS THIS, THIS IS NOT. SO I'M MAKING IT UP. ALL RIGHT? OKAY. UP WHERE I LIVE. ALL RIGHT. ONE OF THE DOMINANT HOSPITAL CHAINS UP THERE IS FLORIDA HOSPITAL ADVENTIST. ALL RIGHT. LET'S SAY ADVENTIST SAID, HEY, WE'D LIKE TO MOVE INTO MARTIN COUNTY, AND WE WANT TO PUT A INCREDIBLY, YOU KNOW, FANCY, GREAT EMERGENCY ROOM. AND, YOU KNOW, NOT TRAUMA EMERGENCY ROOM AND THIS AND THAT. AND THE OTHER THING TO PROVIDE ALL SORTS OF HEALTH CARE SERVICES TO, TO FOLKS IN THE VILLAGE. ALL RIGHT. 
          ADVENTIST IS NONPROFIT, THEIR BIG BUILDINGS AND HOSPITALS, THEY DON'T HAVE TAX ON IT. I WOULD OFFER TO YOU THAT THAT IF IF THAT MAGICALLY COULD HAPPEN, THAT WOULD BE A WELL WORTH TRADE OFF. THAT'S WHY NONPROFITS THAT DO STUFF LIKE THAT DON'T PAY TAXES BECAUSE THEY'RE DOING OTHER COMMUNITY BENEFITS. THAT'S THE RATIONALE BEHIND THE TAX POLICY THERE. SO THE ONE THING I WOULD WOULD OFFER TO YOU THERE IS IF IF YOU'RE GOING TO BE SELLING IT, YOU'LL BE SELLING IT TO SOME USE THAT WOULD BE VERY BENEFICIAL TO THE COMMUNITY. 
          YOU KNOW, REGARDLESS OF THE THE TAX CONSEQUENCES. IN THE END, IT IS JUST ONE PARCEL. IT'S A SUBSTANTIAL PARCEL, BUT IT'S ONE PARCEL. THAT'S A CONVERSATION I HAD WITH MRS. CHRISTIE TODAY TO THE BENEFIT. FOR ME, IF IT'S A HEALTH CARE CAMPUS, THE CAMPUS ITSELF. SO THERE'S WITH HEALTH CARE CAMPUSES, YOU HAVE DIFFERENT. YOU HAVE MAYBE A PHYSICIAN'S OFFICE, RADIOLOGY, A LAB ROOM AND BOARD FOR THE THE STAFF THAT WORK. THAT'S A CAMPUS. IT DOESN'T NECESSARILY MEAN THAT IT'S GOING TO BE A BIG ER OR AN URGENT CARE. IT'S JUST MEDICAL STUFF ON THAT FIVE ACRES OR WHATEVER THEY CHOOSE TO DO WITH IT. FOR ME, THE BENEFITS OF 
          [00:30:01]
WHAT IT CAN DO FOR OUR COMMUNITY MUCH, MUCH MORE OUTWEIGHS THE NON-TAX THAT WE WOULD POTENTIALLY RECEIVE. WE HAVE INDUSTRIES COMING. WE HAVE KIDS IN SCHOOL THAT PLAY BALL. 
          WE HAVE NOT ADEQUATE HEALTH CARE FOR THE GENERAL POPULATION THAT'S HERE. NOW. THAT ONE FIVE ACRE PARCEL COULD DO SO MUCH FOR THE VILLAGE AND THE PEOPLE WHO LIVE HERE. SO WHAT THEY PLAN TO DO WITH IT, I LIKE, FROM WHAT I UNDERSTAND, IN MY ELEMENTARY STUDY OF CONTRACTS, I LIKE. THE OPTION I THINK IS A GREAT OPTION FOR US TO SEE. IT'S SOMETHING THAT'S REAL, TANGIBLE. WE CAN TOUCH IT, NOT WE'RE TALKING ABOUT SOMEBODY GIVING US $5 MILLION, AND THEN THEY'LL GIVE US $5 MILLION LATER. IF THIS IS ACTUALLY A CONTRACT THAT NEEDS TO BE REWRITTEN ON THE RIGHT FORM, BUT IT IS VALID AND SOMETHING WE CAN TOUCH. SO FOR ME, I LIKE WHAT WE HAVE, AND I DO NOT FEEL THAT TYING IT UP FOR TWO YEARS IS A HUGE THING. WITH THE BENEFIT OF WHAT WE COULD GET FROM IT, AND I DON'T FEEL THAT WE'LL LOSE ON IT BY TYING IT UP. 
          FOR TWO YEARS IT'S BEEN SITTING THERE FOR WHAT, THREE, FOUR, FIVE, SIX? NOBODY SAID A WORD ABOUT IT. NOW ALL OF A SUDDEN WE'RE WORRIED ABOUT TYING IT UP FOR TWO YEARS. OKAY. THAT'S ME. 
          GOT SOMETHING ELSE YOU WANT TO SAY I DID, YEAH, I JUST THAT'S A LOT. OKAY, SO I WAS THINKING THAT WHAT WHAT THEY'RE ASKING FOR IS DIRECTION. I WOULD LIKE TO SEE YOU PUT THIS ON THE PROPER CONTRACT, SEE WHAT YOU CAN NEGOTIATE. AS FAR AS TYING IT UP, WE DON'T WANT TO WALK AWAY FROM AND LOSE THE DEAL OVER IT, BUT I WOULD LIKE TO SEE THE OPTION OF A KICK OUT CLAUSE ON THE SECOND YEAR IF THEY ACTUALLY GET TO THE SECOND YEAR AND USE THAT OPTION. I THINK WE NEED TO HAVE SOME WAY OF, YOU KNOW, NOT HOLDING UP A SECOND YEAR UNLESS THEY CAN SHOW US WHY THEY NEED THAT SECOND YEAR OPTION. SO AND IF IT'S BECAUSE OF THE INFRASTRUCTURE, THEN THAT'S GREAT. BUT I THINK WE NEED TO HAVE SOMETHING TO REVISIT. OR MAYBE THE OPTION IF WE GET A CHANCE TO REVIEW THAT SECOND YEAR OPTION, THAT WOULD WORK FOR ME AS WELL, THAT IT COMES BACK TO US THAT SECOND YEAR WHEN WE REVIEW WHETHER OR NOT WE'RE MOVING FORWARD OR THE SECOND YEAR OPTION, INSTEAD OF IT BEING SET IN STONE. I'M NOT AGAINST IT THE WAY IT IS EITHER. I MEAN, WHATEVER ANYBODY WANTS TO DO, THESE ARE JUST FROM 23 YEARS EXPERIENCE WRITING THESE KINDS OF CONTRACTS THAT THINGS THAT I WOULD NOTICE IN ANY CONTRACT THAT I WOULD LIKE TO SEE FOR THE VILLAGE'S BENEFIT. BUT I THINK IT'S LIKE HER. I THINK IT'S A GREAT BENEFIT TO THE COMMUNITY, AND THEY'RE JUST SOME CORRECTIONS THAT YOU AND I ALREADY SPOKE ABOUT THE DATES AND, AND IT BEING ON THE RIGHT CONTRACT. AND I'D LIKE TO SEE YOU GO AHEAD AND. FIX THESE ISSUES AND BRING IT BACK TO US TO REVIEW. OKAY. WELL, AS YOU MAY KNOW, I'VE BEEN WORKING ON THIS LOT FOR QUITE SOME TIME, AND THIS CONTRACT HAS NOTHING TO DO WITH MY GUY. BUT I DID MEET WITH HIM LAST NIGHT TILL WEE HOURS OF THE MORNING. 
          EXPLAIN TO HIM WHAT WAS GOING ON AND. I TOLD HIM THAT THE MASTROIANNI PROPERTY. HAVE YOU SEEN SIGNS FOR SALE SIGNS UP HERE? SO. WE'RE SHIFTING GEARS AND LOOK AT THE MASTROIANNI PROPERTY, WHERE YOU CAN DO A REALLY NICE BIG DEVELOPMENT. AND IF SOMETHING GOES WRONG. 
          WITH THIS DEAL, IF IT GOES SIDEWAYS, HE'LL PROBABLY BACK THAT ONE UP. OKAY? OKAY, Y'ALL, EVERYBODY HAS TO REALIZE, OKAY, COMPANIES ARE IN BUSINESS TO MAKE MONEY, OKAY? MONEY THAT NONE OF US HAVE EVER SEEN. OKAY? THESE GUYS ARE BILLIONAIRES. THEY MAKE HUNDREDS OF MILLIONS OF DOLLARS A MONTH. AND THEY'RE GOING TO INVEST THEIR MONEY WHERE THEIR MONEY IS GOING TO MAKE A RETURN. OKAY? AND I CAN'T SEE I DON'T THINK ANYBODY IN THIS ROOM WOULD BUY A PIECE OF LAND THAT YOU HAD TO WAIT ONE AND A HALF TO TWO YEARS TO BE ABLE TO DO ANYTHING WITH, BECAUSE YOU CAN'T GET THE UTILITIES TO IT. NOW, I'M GOING TO SIT HERE AND TELL YOU THAT IF THERE WAS WATER ON THAT TODAY, I COULD PROBABLY GET ANOTHER HALF $1 MILLION FOR 
          [00:35:01]
THAT LOT. OKAY. BUT IT'S NOT. SO WHAT WE'RE DEALING WITH IS THE REALITY THAT WHOEVER PURCHASES MAKES THAT PURCHASE IS GOING TO HAVE TO WAIT UP TO TWO YEARS TO UTILIZE THAT PROPERTY. WELL, I DON'T KNOW TOO MANY PEOPLE THAT ARE GOING TO SPEND THAT KIND OF MONEY AND JUST LET IT SIT THERE. IT DOESN'T MAKE ANY SENSE. IT DOESN'T MAKE ANY BUSINESS SENSE. 
          SO I'M FOR THIS. IT'S THE CLOSEST THING TO THE 1.25 RIGHT NOW. OKAY. AND. BECAUSE YOU TALK IN 75 AND 75, IF THEY GO FOR A SECOND YEAR, WHICH I WOULD THINK THAT THEY'RE THAT INTERESTED IN THE PROPERTY TO DO THAT, THEY'RE GOING TO THEY'RE GOING TO UP THAT THERE'S $150,000 PLUS A THREE. SO THAT'S 3.15. WE WERE AT 3.25. SO THAT'S A DEAL I WOULD TAKE. 
          SO I WOULD WE'RE NOT VOTING ON ANYTHING HERE. WE'RE JUST GIVING THEM DIRECTION. SO MY DIRECTION WOULD BE TO. GET TOGETHER WITH THE POWERS AND THE OWNER THE THE. CLIENT AND HACK OUT A CONTRACT AND GET WHAT YOU CAN GET FOR US. DO THE BEST YOU CAN AND LET'S MOVE ON. 
          YOU KNOW. AND THESE GUYS ARE REAL. THEY ARE REAL. SO I DON'T THINK THEY'D BE HERE JUST TO PLAY A GAME, YOU KNOW? SO THAT'S THAT'S WHERE I STAND. SO IF ANYBODY ELSE HAS GOT THE SAME, SAME WANTS TO GIVE THE SAME DIRECTION, IF WE'RE ALL IN AGREEMENT, I THINK WE ARE IN AGREEMENT. OKAY. SO YOU GOT YOUR ORDERS. WE'LL MAKE IT HAPPEN CRYSTAL CLEAR. DO OUR 
          [PUBLIC COMMENT]
BEST. OKAY. DO WE HAVE ANY PUBLIC COMMENT ON IT? I DO, MISS LINDA NICCUM. OKAY. FOR THE RECORD, LINDA NICCUM, AS I TOLD MY HOA THIS WEEK, YOU CAN EITHER CONSIDER ME AS A THORN IN YOUR SIDE OR A PAIN IN YOUR. TAKE YOUR CHOICE. YEAH, MOST OF MY POINTS THAT I PICKED UP THIS AFTERNOON HAVE BEEN ADDRESSED, BUT I WANT TO GO OVER THEM AGAIN. THE BUYER. BUILDERS BUILDING TOMORROW'S INFRASTRUCTURE WAS FORMED ON NOVEMBER 13TH. ACCORDING TO THEIR ARTICLES OF INCORPORATION FILED WITH THE FLORIDA DEPARTMENT OF STATE ON NOVEMBER 14TH, AND THE CONTRACT TO PURCHASE THIS SITE IS ON NOVEMBER 17TH. THAT'S NOT A LOT OF TIME TO ESTABLISH ANY HISTORY OF GOOD BUSINESS PRACTICES, LET ALONE FINANCIAL STABILITY, FOR A DOWN PAYMENT OF 75,000, WE'RE EXPECTED TO TAKE IT OFF THE MARKET FOR A YEAR, WITH AN ADDITIONAL OPTION OF ANOTHER 75,000 FOR AN ADDITIONAL YEAR. PURCHASE PRICE REMAINS THE SAME WITHIN THAT TWO YEAR PERIOD. WE COULD POTENTIALLY HAVE WATER SERVICES TO THAT PROPERTY, INCREASING ITS VALUE DRAMATICALLY. A BIGGIE FOR ME. ANYWAY. THE CORPORATION HAS FILED AS A 500 1C3 NONPROFIT. THEREFORE, EVEN IF WHEN PURCHASED, THAT PROPERTY DOES NOT RETURN TO OUR TAX ROLLS. THE FIVE DIRECTORS LISTED ARE ALL CONNECTED WITH SEVERAL OTHER CORPORATIONS, MOSTLY LOOKING LIKE CHARTER SCHOOLS, PLUS A FEW CONSTRUCTION BUSINESSES. NOTHING IN THE HEALTH CARE INDUSTRY. CONTRACT STATES THAT THEY INTEND TO BUILD A HEALTH CARE CAMPUS AND WILL PROVIDE A CONCEPTUAL SITE PLAN BY DECEMBER 5TH, WHICH IS PRIOR TO EVEN OUR NEXT MEETING. AFTER THIS CONTRACT IS SIGNED. AND YOU KNOW HOW PROMISING INTENTIONS CAN BE, THE TIMING OF THIS PRIOR TO THE NEXT MEETING, ASKING FOR DECISIONS, NOT JUST DISCUSSIONS. I EXPECT MORE OF OUR ELECTED OFFICIALS TO DO MORE DUE DILIGENCE BEFORE COMMITTING TO THIS. I DON'T WANT TO SEE A FEW MONTHS DOWN 
          [00:40:02]
THE ROAD ANY CLAIMS FOR A SUCCESSFUL SALE WHEN POSSIBLY WE COULD HAVE DONE BETTER. IT'S TIME TO DO A LOT OF HOMEWORK ON THIS BEFORE PUTTING OUR NAME TO THE BOTTOM LINE ON THIS. THANK YOU. OKAY. ALL RIGHT. ANY ANNOUNCEMENTS? UNIONTOWN HIGH SCHOOL IS NOW ACCEPTING 
          [ANNOUNCEMENTS]
APPLICATIONS FOR THE 2627 SCHOOL YEAR. YOU CAN APPLY ONLINE OR IN PERSON. OKAY. ANY MORE ANNOUNCEMENTS? NOBODY ELSE. YEAH, I DO THIS SUNDAY, 12 NOON, WE WILL HAVE COUNTRY MUSIC AT THE MARINA. SO FROM 12 UNTIL THREE COME OUT AND ENJOY US. THE WEATHER WILL BE NICE AND WE'LL HAVE FOOD TRUCKS AND IT'S BYOB, BUT COME ON OUT AND ENJOY US. OKAY. QUESTION. YES, I HAVE A QUESTION THOUGH IF I MAY ASK. I MISSED THAT PART. I ASK OUR FINANCIAL GURU WHAT WOULD IT WHAT DOES IT COST A MONTH TO RUN THE VILLAGE? HELLO. MIKE FLORIO, FINANCE DIRECTOR. TOTAL COST FOR GENERAL FUND. UTILITY FUND OPERATIONS IS INCLUDES PERSONNEL OPERATING CAPITAL. 
          REBATE OF TANGIBLE PROPERTY, DEBT SERVICE AND TRANSFERS IS 31,000. PARDON ME. PER MONTH, PER MONTH. ALL IN $943,000 A MONTH, 900 AND 943,000. OKAY. YEAH, THAT'S A TOTAL BUDGET OF 11.3 MILLION. THANK YOU SIR, I APPRECIATE IT OKAY. ALL RIGHT. GOT IT. ANYBODY ELSE? NOTHING. 
          [NEXT REGULAR MEETING (ANNOUNCE TIME, DATE AND LOCATION)]
OKAY. OUR NEXT MEETING WILL BE DECEMBER 11TH, 6 P.M. RIGHT HERE AT YOUR VILLAGE HALL. AND WITH THAT, I'LL WISH EVERYBODY A HAPPY THANKSGIVING. AND WE'LL SEE
* This transcript was compiled from uncorrected Closed Captioning.