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:
“The passions do very often give birth to others of a nature most contrary to their own. Thus avarice sometimes brings forth prodigality, and prodigality avarice; a mans resolution is very often the effect of levity, and his boldness that of cowardice and fear.”
—François, Duc De La Rochefoucauld (16131680)
“Unfortunately, many things have been omitted which should have been recorded in our journal; for though we made it a rule to set down all our experiences therein, yet such a resolution is very hard to keep, for the important experience rarely allows us to remember such obligations, and so indifferent things get recorded, while that is frequently neglected. It is not easy to write in a journal what interests us at any time, because to write it is not what interests us.”
—Henry David Thoreau (18171862)
“Had I been less resolved to work, I would perhaps had made an effort to begin immediately. But since my resolution was formal and before twenty four hours, in the empty slots of the next day where everything fit so nicely because I was not yet there, it was better not to choose a night at which I was not well-disposed for a debut to which the following days proved, alas, no more propitious.... Unfortunately, the following day was not the exterior and vast day which I had feverishly awaited.”
—Marcel Proust (18711922)