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<br />11. In January 1988, at the request of the City's economic <br /> <br />development director, Craig Waldron, Everest met with Waldron, <br /> <br />the Library's architect, and other City staff members. For many <br /> <br />months thereafter, Everest engaged in discussions with Pat <br /> <br />O'Malley, the County's real estate director, and other <br /> <br />representatives of the County relative to acquisition by the <br /> <br />County of a substantial portion of the Everest parcel. <br /> <br />In the <br /> <br />course of those discussions, and in 'an effort to facilitate <br /> <br />progress toward agreement, the County elected to obtain real <br /> <br />estate appraisals of the Everest parcel. <br /> <br />In October 1988, two <br /> <br />appraisal reports prepared on the County's behalf were presented <br /> <br />to Everest. The reports indicated that the highest and best use <br /> <br />of the Everest parcel was a commercial office building of the <br /> <br />type contemplated in Everest's proposed project. The <br /> <br />, ' <br /> <br />appraisals, although in different amounts, each appraised the <br /> <br />property as commercial property. <br /> <br />In an attempt to resolve the <br /> <br />matter, Everest made several proposals to the County, none of <br /> <br />which were accepted. <br /> <br />In December 1988, after several months of <br /> <br />negotiations, the County notified Everest that additional time <br /> <br />was needed to evaluate alternatives. Based upon the lengthy <br /> <br />delays that had occurred to date, Everest advised the County of <br /> <br />Everest's intention to proceed with its proposed development of <br /> <br />the parcel. <br /> <br />12. On January 3, 1989, Everest's president, C. William <br /> <br />Franke, met with Craig Waldron to advise the City that, based on <br /> <br />the aforementioned delays, Everest intended to go forward with <br /> <br />-5- <br />