If the city had screwed up and postponed the closing, that would be one thing: We should eat any drop in value. But it wasn’t the city. “$3.125 million is not a fair price today and I can’t believe there’s anyone in the city who thinks it is.”
Miller: Regarding Sandy’s comments, his position has always been that when there was no performance by the seller, that left the city in the position to decide whether to continue with the contract or not. He doesn’t want the city to think it’s painted into the corner with continuing with the contract.
So, the motion: To get a reappraisal. Windes and Dewey Destin will stay mute, since they have property interests on the harbor directly affected by this.
Motion fails: Wood, Seevers, Trammell all vote no.

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