Resolution
On Tuesday, December 11, 2012 Cuyahoga County Executive Ed FitzGerald announced that the County would sell the Ameritrust complex, including the tower, the rotunda building, and two other office buildings to the Geis Companies of Streetsboro, Ohio in exchange for $27 million. Geis Cos., additionally, agreed to raze the "two other office buildings," the so-called P&H buildings, and to build an eight story office building to be used by the County as a consolidated headquarters building. The parties envisioned that the county would move about 750 employees into the newly constructed building from eight other locations by mid-2014. The County agreed to make lease payments of $6.7 million on 222,000 square feet of space for a period of 26 years with a County option to buy the new building at the end of the term for $1.
Read more about this topic: Ameritrust Tower
Famous quotes containing the word resolution:
“We often see malefactors, when they are led to execution, put on resolution and a contempt of death which, in truth, is nothing else but fearing to look it in the face—so that this pretended bravery may very truly be said to do the same good office to their mind that the blindfold does to their eyes.”
—François, Duc De La Rochefoucauld (1613–1680)
“[A]s I am pretty well acquainted by great Opportunities with the Nature of Man, and know of a Truth, that all Men fight against their Will, the Danger vanishes, and Resolution rises upon this Subject. For this Reason I shall talk very freely on a Custom which all Men wish exploded, tho’ no Man has Courage enough to resist it.”
—Richard Steele (1672–1729)
“We have been here over forty years, a longer period than the children of Israel wandered through the wilderness, coming to this Capitol pleading for this recognition of the principle that the Government derives its just powers from the consent of the governed. Mr. Chairman, we ask that you report our resolution favorably if you can but unfavorably if you must; that you report one way or the other, so that the Senate may have the chance to consider it.”
—Anna Howard Shaw (1847–1919)