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Fort Walton Beach Council minutes — 02-26-1996 Special — reading text

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2/ 26/ 96 175 SURPLUS PROPERTY Nancy Carmichael- Klein, 215 Texas Street, expressed concern that property can be replatted when the land is saturated with water from creeks and swamps on the property. Pat Roberts, 349 Lake Drive, stated that the property on Lake Drive is saturated in water at the present time, and questioned how it could be developed when water comes up to the back doors of residents' homes when it rains. I Council selling process, meet is with taken assured or Council residents and for decisions made. residents future this will is discussion the have first the before step opportunity any in the action to Mr. Carnathan moved to direct Staff to 1) produce a list of criteria to establish the perpetual fund and list ideas on what will be done with the fund and how it will work, and 2) take one parcels ( 16, 107, or 99) and produce a of the pro forma offering package to circulate back to Council for review. Motion was seconded by Mr. Covey and carried unanimously with Carnathan, Campbell, Watson, Gibson, Covey, Murtha, and Wyninegar in favor. ADJOURNMENT There being no further business, the meeting adjourned at 6: 30 p. m. MAYOR: I

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