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Regular Meeting <br />March 7, 2005 <br /> <br />approval of something which has not been “bought yet.” <br /> <br />Mayor Adams responded that he could not express a legal opinion, but when property is <br />under contract, it is considered to be equitable title. The big question is “when does title <br />transfer” and no one really knows the answer. <br /> <br /> The Bill was given its third reading. <br /> <br />Mr. Wagner commented that the comments made tonight are undeniably true. The <br />ordinances that control the zoning and the building permits are flawed. They are not the <br />result entirely of this Council, but of past Councils as well. Some ordinances have been <br />changed successfully. The Council is currently working on ways to fix the flaws. Mr. <br />Greenwood brought up a very legitimate question, Mr. Wagner stated. Somewhere in <br />the ordinances there is information to answer the question whether the strip of eighteen <br />feet has been transferred legally to Mr. Anselmo. In the absence of an answer tonight, <br />he moved to table this Bill until the matter is straightened out. Mr. Sharpe seconded the <br />motion. <br /> <br />Mayor Adams said the motion to table is not debatable. <br /> <br />Mr. Wagner moved to table and Mr. Sharpe seconded and the motion passed six to <br />one, with Mayor Adams voting NAY. <br /> <br />Mayor Adams commented that property transfers were in “magic land” when they <br />transfer, but when people have a contract for property, equitable title means theoretical <br />control of the property. Mr. Ollendorff commented that his understanding was that the <br />sale of the eighteen feet cannot be completed until the Council approved the Plat and <br />until the Council acts, the property cannot legally transfer. Then he invited any lawyer <br />present to correct him, if necessary. <br /> <br />Mr. Greenwood responded that Mr. Ollendorff’s comment did not make sense, <br />Either Mr. Anselmo has possession or he does not and said that he was not a lawyer. <br /> <br />Attorney Schmitt commented, addressing Councilmember Wagner directly, that if this <br />issue is a concern, he would like for it to have been addressed with the City Attorney. <br />He said, since it has been tabled tonight, he would point out that new developers, in <br />new contracts, have zoning “ in feasibility contingencies”, so the owners under contract <br />petition with a body to have a property rezoned. They do not want to “fool” with a <br />project if they cannot build. The contract then is null and void. That is not to say they <br />have not closed. He really doesn’t know the status of the 18’. <br /> <br />Mr. Wagner responded that he is not a lawyer either, but he does remember in past <br />cases that a developer cannot come with a plan for a piece of property unless he has at <br />least a legal option that he can possess that land. That is all that we were asking for <br />Page 11 <br /> <br />