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80. Defendant made representations to Plaintiffs' predecessor-in-interest that were <br /> misleading or false. <br /> 81. Defendant made these representations on the record at a 2001 Planning <br /> Commission meeting and 2001 City Council hearing, specifically stating that the <br /> purpose of the Restrictive Covenant was to allow Plaintiffs' predecessor-in- <br /> interest to continue use of her dock. <br /> 82. Defendant knew or should have known that these representations were false or <br /> misleading, as now Defendant is using the Restrictive Covenant to bar building on <br /> the Lake Parcel even though circumstances have changed making the Lake Parcel <br /> buildable. <br /> 83. Defendant failed to fully disclose to, and has concealed from, Plaintiffs' <br /> predecessor-in-interest that the Restrictive Covenant would be used by Defendant <br /> to bar future building even if circumstances changed. <br /> 84. Defendant knew or in the exercise of due care should have known, that Plaintiffs' <br /> predecessor-in-interest would rely on such misrepresentations as stated in the city <br /> records. Alternatively, Defendant made such representations under circumstances <br /> that Plaintiffs' predecessor-in-interest would be justified in acting in reliance <br /> thereon. <br /> 85. Plaintiffs' predecessor-in-interest justifiably relied to Plaintiffs' predecessor-in- <br /> interest detriment upon the above misrepresentations and as a direct and <br /> proximate result thereof has sustained, and continues to sustain, direct and/or <br /> consequential damages in an amount which is yet undetermined but is believe to <br /> be in excess of$50,000. <br /> COUNTIX <br /> REFORMATION <br /> (IN THE ALTERNATIVE) <br /> 86. Plaintiffs restate and reallege paragraphs 1 through 85 of the Complaint. <br /> 87. On July 23, 2001, Defendant and Plaintiffs' predecessor-in-interest entered into <br /> the Restrictive Covenant for the purposes of allowing a dock on the Lake Parcel. <br /> 88. Defendant and Plaintiffs' predecessor-in-interest did not accurately reflect the <br /> actual purpose of the Restrictive Covenant. <br /> 9 <br />