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On Monday Cathy Bennett talked to the City attorney who had not heard back from Mr. <br /> Fudali. Cathy put several calls into Mr. Fudali on Monday and Tuesday and proceeded to call <br /> Mr. Jambor on Tuesday afternoon to set a time to sign the agreement. With no word back <br /> from either party Cathy told me she was getting worried that something was wrong. I <br /> suggested having Mayor Linke talked to Tony on Wednesday to see if anything was up. Tony <br /> said that another opportunity has been presented. I told Cathy to set up a meeting with Tony <br /> and to have the Mayor there on Wednesday. <br /> Apparently Mr. Fudali was very upset with the final negotiations regarding the option <br /> agreement even though almost all changes made were at their request, and proceeded to try <br /> and put other deals together for Mr. Jambor on the sale of the Bel-Rae. <br /> As it stands now, they are considering accepting another offer and are not prepared to sign an <br /> option agreement. They may consider accepting a purchase offer from the City but this is not <br /> clear at this time. <br /> We will have a draft purchase agreement prepared for your discussion on Friday. If possible I <br /> will likely want to talk with each of you on this prior to the meeting. <br /> C(Z7it <br /> Clerk\Administratkr <br />