PL PACKET 01191988 - Laserfiche WebLink

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1 The Executive Director said the original architects on the • 2 project, Montgomery and Tushie, had put a $95 ,000 lien on the 3 Saliterman property when Mr. Arkell had failed to pay them for 4 their services. Mr. Soth indicated he had told the architects he 5 thought the chances that action would be considered to be legal 6 to be "very, very slim" . 7 He also recommended that, although Mr. Arkell had told City 8 officials he knew he would be able to settle with them for much 9 less, lien removal should only be negotiated as part of a total 10 settlement package with the Arkand Partnership. The Attorney 11 indicated agreement with Commissioner Ranallo' s suggestion that 12 the H.R.A. not pursue a settlement with Mr. Arkell until further 13 information related to Gaughan' s activities is available. 14 In reference to Mr. Arkell ' s assumption that the Gaughan Company 15 was "just stalling" , Mr. Childs indicated he knew the developers 16 were making a real effort to get financing for the project since 17 they were talking to several different lenders at this time. 18 Attorney Perceives Lang/Nelson Still Interested in Doing the 19 Project 20 The firm' s finance officer had called him that day, Mr. Soth 21 reported, saying Mr. Krier had tried to set up a meeting with him • 22 right after the last H.R.A. meeting. Mr. Soth said he had told 23 Paul Brewer the H.R.A. was talking to other developers because 24 Gaughan had not yet signed an agreement with them to do the 25 project. The LaNel Financial Group President had responded by 26 indicating Lang/Nelson would be getting back to the H.R.A. soon. 27 ADJOURNMENT 28 Motion by Ranallo, seconded by Enrooth to adjourn the meeting 29 at 11: 01 P.M. 30 Motion carried unanimously. 31 Respectfully submitted, 32 Helen Crowe, Secretary 33 :cjk 2