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Page Two <br /> Bel-Rae Ballroom <br /> Next Steps: <br /> • <br /> Mr. Jambor has informed me that he will be putting the Bel-Rae Ballroom on the market in July. <br /> He said he would be willing to continue operating the Bel-Rae for one year as a consultant if the <br /> City purchases the property and wanted to continue banquets, dances, special events and bands. <br /> The City could have a purchase agreement signed with Mr. Jambor, such as that which was <br /> drafted by Bob Long. This would be a binding agreement, through earnest money, with Mr. <br /> Jambor until such time as decisions are made regarding desire to purcase, community center <br /> activities,private/public partnerships,joint powers agreements, private development, etc. <br /> S <br /> 1111 <br />