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Fort Lauderdale News from Fort Lauderdale, Florida • Page 456

Location:
Fort Lauderdale, Florida
Issue Date:
Page:
456
Extracted Article Text (OCR)

Fort Lauderdale News and Sun-Sentinel, Sunday, Oct. 24, 1982 i 4 "Tho ONI Full I ino Discount Bookstore In Town" 7-os I) I BO LINCOLN PARK WEST 7814 NAY. 44th STREET, SUNRISE ADVANCE Hardcover 1 .,11 Elvis by Albert TIm Book ol Lights by Chaim Potok Fat ol the Earth by Jonathan Schell Wild Willful Love by Elizabeth Taylor: The Last Star by Kitty KeHey i Keeping Faith: Memoirs ol a President i i by Jimmy Publisher Your Price Price) 3.95 3.16 3.95 3.16 2.50 2.00 3.95 3.16 3.95 3.16 22.50 1 8.00 16.50 13.20 14.95 11.96 17.95 14.38 11.fi 5 17.50 14.00 15.50 12.40 Jews a Money The Myth and The iLtu Reality by Gerald Krefetz. Dead Eye Dick by Kurt Vonnegtrt. Space by James A.

Michener Foundation's Edge The Fourth Book ol the Foundation Trilogy by Isaac Leaders: Profiles and Reminiscences ol Men Who Have Shaped the Modem World by Richard Nixon Megatrends: Ten New Directions Transforming Our Lives by John ADVANCE I' Paperbacks Cooper City not owed permit funds By Gloria Akel Suff Writer COOPER CITY After nego-tiating an agreement with the city's largest developer, Hollywood for an estimated $73,000 in lost revenue to the city due to a construction slowdown, city officials now say they believe the developer does not owe the city anything. The controversy over lost revenue from Hollywood Inc. began in September when Councilman Alan Pen-berthy discovered an agreement be-' tween the city and Hollywood Inc. that required the developer to spend a minimum of $80,000 in building and permit fees during the 1981-82 fiscal year, Penberthy said he was told by the Building Department that Hollywood Inc. had paid the city $73,000 less than the guaranteed $80,000 minimum.

During a recent City Council meeting, Penberthy demanded Hollywood Inc. pay the city the $73,000 immediately in order to reduce the amount of money taken from the city's contingency fund to offset the budget deficit in the nest fiscal year. A representative of Hollywood Inc. who appeared at the meeting offered to pay the city $10,000 in lost interest on the money, which the city accepted. Both sides agreed to have the proper paperwork drawn up by their attorneys.

But during the next few days, a mistake was discovered in the calculations. "The Building Department gave me the wrong information," Penberthy said. After reviewing the figures, someone in the Building Department discovered Hollywood Inc. had paid almost all of the guaranteed $80,000 during the fiscal year. Permits for a residential community in Rock Creek paid for by Hollywood Inc.

on Oct. 12 brought the figure up to the $80,000 mark, Penberthy said. "If they (the Building Department) had given us the right information, we would not have had this controversy," Penberthy said. He said the situation, however, has shown city officials they ought to look more closly at the agreement signed by all developers. ATARI VIDFO fiAMF rOMPI FTF COMMA-VID GAMES For Atari Coemic Swarm 90.99 BiMMnwtrWMMn 10.99 VIDTEC-US GAMES For Atari mm-- ATARI GAME CARTRIDGES Missile PAC-MAN TELEPHONE $4Q9 REG.

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About Fort Lauderdale News Archive

Pages Available:
1,724,617
Years Available:
1925-1991