The subcommittee voted to hold the money in escrow, and take the matter to arbitration.
A few authority officials, each assigned as a representative of the 12 cities involved in the garbage authority, don't want to build the course.
Rochester Hills was threatening to sue the authority to push the course construction through. The city claims the authority agreed, though vaguely, to build the course as part of a 1994 consent agreement.
The property at School and Park roads is a former landfill. The authority sold nearby land to a developer for condominiums. Both the developer and the residents are expecting the course to be built.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
