1983-26 CRA - Laserfiche WebLink

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. . . RESOLUTION NO. 83-26 PAGE TWO 2. The factual and legal basis upon which said denial is based is as follows: a. The factual background to the relocation upon which said claim is based is truly and accurately represented in the remarks of the Assistant Director of Redevelopment & Real Estate to the Community Redevelopment Commission as reported in the minutes of the July 5, 1983 meeting of said Commission, incorporated herein by reference. b. In the time preceding and during the rehabilitation work on the Grand Central Building, leading up to and including the letter agreement of February 18, 1981, Mr. William Greenberg represented himself to Agency staff as speaking on behalf of Green's Furniture, Inc. Agency staff acted reasonably in assuming Mr. William Greenberg had such authority. At the time it was negotiated, the letter agreement of February 18,1981, was understood by Agency staff and Mr. William Greenberg to extend to all business operations conducted by Mr. and Mrs. William Greenberg in that portion of the Grand Central Building leased by Green's Furniture Store, Inc. That letter agreement reflected Mr. William Greenberg's own estimate of the expenses he and his wife would incur, either directly or through their corporation, for such relocation of their businesses, or portions thereof, as was necessitated by the rehabilitation of the Grand Central Building. It was accepted by Agency staff, in lieu of an estimate of such expenses by an independent source, in order to accommodate Mr. and Mrs. William Greenberg in their desire to proceed quickly with a staggered self-move out of the Grand Central Building to minimize adverse impacts on their business operations. The letter agreement represents a valid contract through which Green's Furniture, Inc. received substantial consideration in return for its promise to limit its claim for relocation assistance payments. Green's Furniture, Inc. has, therefore, legally waived its right to claim such payments in excess of the amounts stipulated in the letter agreement. c. As a separate and independent basis, the claim of Green's Furniture, Inc. must de denied on the basis of insufficient substantiation of the items and amounts claimed as relocation costs and expenses. The claim of Green's Furniture, Inc. fails to provide any detailed explanation of the items for which claims are made, or the necessity of incurring costs and expenses with respect thereto, or the amounts of the costs and expenses alleged. The amounts claimed are unsupported by any independent documentation in the nature of bids, estimates, appraisals, receipts, or statemènts of disinterested third A-ÎJ 6A