03-03-1988 Special MeetingMIAMI SHORES VILLAGE
SPECIAL COUNCIL MEETING
MARCH 3, 1988
The Special Council Meeting of the Miami Shores Village
Cuncil was held on Thursday, March 3, 1988, at Village Hall
commencing at 5:30 p.m. with the following members present:
Mayor Spero Canton
Stephen Loffredo
Dr. Robert S. Butter, Jr.
Marty Stofik
Absent Karen Kirby
Also present
Elly F. Johnson, Village Manager
William F. Fann, Jr., Village Attorney
Gall Macdonald, Finance Director
Mayor Canton reported that the emergency meeting was
scheduled to discuss the contract on the purchase of the
Shores Theater property. The contract provides for the sale
of the theater building and adjacent property for $1,050,000
with a $15,000 deposit In escrow which would be returned if
bond referendum falls.
Franklin Grau representing Main Street, Inc. stated Mr.
Konover's attorney would provide copies of leases for review
by Monday or Tuesday and that the Village Manager's signature
would be authorized on the contract instead of the Main
Street corporation. The advantage of working through the
corporation was the Village would be able to assume two
existing mortgages of approximately $400,000 at a low
interest rate. If the Village purchased the property direct,
it would lose the opportunity to assume the low interest
mortgages.
Barbara North Burton also representing Main Street, Inc.
explained that interest rates were not known but were thought
to be low. She advised there are no brokers and no real
estate commissions. The seller agreed to provide the monthly
payments and expiration dates of leases as part of the
contract.
Mr. Fann stated In his opinion the Village cannot buy
subject to the mortgages nor can this be done if the Village
works through Main Street, Inc. He did not recommend working
through the corporation on the signing of the sale contract
and requested the leases be part of the contract.
Mrs. Stofik expressed concern over Inspection of the
building. Mr. Johnson advised, if acceptable to the Council,
that he, the Public Works Director and the Building and
Zoning Director would go through the building.
Dr. Butler made a motion to approve a check for $15,000
to be deposited In escrow with Mr. Konover's attorney In good
faith with the receipt of the contract with the following
stipulations that (1) the VIIIage would have the opportunity
for its staff to Inspect the facilities prior to March 8, (2)
the VIIIage would be the name on the contract and that Mr.
Johnson as representative of the Village be the signer on the
contract, and (3) lease information would be attached to the
contract. Mrs. Stofik second the motion.
Mr. Loffredo stated that although he planned to vote for
the bond referendum he did not think this approach was In the
best Interest of the Village and would vote against this
motion.
Ken Cutchens, 1235 N.E. 100th Street, commented the
Village should not become property owners.
Mayor Canton expressed concern about the unfair campaign
tactics against the bond. He commended Mr. Grau and Mrs.
Burton for their dedication to the community In working on
the theater Issue. He further stated the spirit of Miami
Shores residents Is to be friends and neighbors both before
and after an Issue.
Edgar Bundy, 269 N.E. 100th Street, also expressed
concern over unfair campaigns.
Kevin O'Connor, former Mayor, stated the personal nature
of the debate on this Issue has become unparallelied In the
history of the Village.
Ed Harrigan reminded the Council of another incident of
unfair tactics when he disagreed with an issue.
The motion was passed by a 3/1 vote with Mr. Loffredo
dissenting.
The meeting adjourned at 6:25 p.m.
ATTEST: Elly F. Johnson
Village Manager
BY:
Aria Clayton
Deputy Village Clerk
ayor Spero—Can