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Crescent Bar

| April 29, 2010 9:00 PM

Reader asks people to read lease

In the Port-Crescent Bar lease, it states the Port and the PUD approved the Crescent Bar Master Development Plan in 1973 (page 6). It was the business, Crescent Properties Incorporation (now Crescent Bar Incorporation) who would over the years improve and maintain the property, as written out on the lease. Unless shown differently, apparently the residents did not voluntarily give money or invest their money as they have claimed. It was done through the required homeowners association fees and such, per applicable leases.

Also in the Port-Crescent Bar lease, the subject of the 11 year expansion was “desired” by the CPI, the Port and the PUD, while maintaining the 2012 expiration. Representatives from the three entities signed it and were all notarized accordingly.

Also, I couldn’t find the requirements to be mobilized within 48 hours in either leases. I would imagine that issue is covered in the leases between Crescent Bar Incorporation and the residents.

I am not in favor of the extension. The Crescent Bar residents have had several decades (at least) and currently two whole years to move in 2012. However, I think there is more to this situation than we realize and we must to do it right this time for the generations that follow us. Please I urge all to read the PUD-Port and the Port-Crescent Bar leases.

Gayle Sorlien

Quincy