HomeMy WebLinkAboutUntitledTodd: I wanted to give you a progress report on the Hunt building and
asked that you give me a letter. First we are on track for closing
around August 1, 2014. I will be (or a corporation that I’m setting up
as we email that I will control) 100% owner. I will be getting a
mortgage survey and along with a topo (for our future site plan). What
I need from the city is letter acknowledging our deal and transferring
it to our new Florida corporation. I will not have the corporate docs
done for about two weeks but I want to give you a heads up that I will
need the letter by August 1.
Also on another note, the Cumberland Farm deal is moving forward, we are
in the 90 day inspection period. I’m getting from Allen Engineering a
new legal for the remaining property, 3.65 aces with includes the
riverfront the fifty strip behind all the commercial and the triplex on
Holman Road. I will forward this to you hopefully today. I will need
the following out of the city during the 90 day inspection period.
1. That the remaining land is a buildable lot with legal access on
Holman Road, we will let the prescriptive easement we know that we own
on Cape Shores alone at this time because my intent is to be a good
neighbor and see if we can negotiate an end to this easement or limit
access that is acceptable to all parties.
2. We are retaining a 24” ingress/egress easement along the south
property line of Cumberland Farm ( north side of Dollar General) when we
close the Cumberland Farm deal. This will be a second access point for
our river front land. We will need some type of development agreement
acknowledging this along with the right to install a sign for our
riverfront project on our retain easement on A1A. This sign cannot
reduce the signage the Cumberland Farm is seeking (does not reduce their
legal limit.
I will keep you updated as things progress. Call me on my cell if you
have any questions. 693-0095
Bob
Bob Baugher
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