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GlobeSt.com UPDATE: Quartet Sues Dallas Over $43M TIF Turf War

DALLAS-Attorney Joe Geary challenges a 10-minute gap in a legal posting and the start of a meeting that resulted in Palladium's $43-million incentive package for its $600-million Victory project. Geary's clients want new votes by the TIF board and council.

By Connie Gore | Updated on June 14, 2002

DALLAS-Dallas attorney Joe Geary has his sights set on “Victory” in a 10-minute challenge that, if successful, could force a re-vote on a $43-million incentive package for New York City-based Palladium. The Tax Increment Financing package has divided Dallas as proponents espouse the perks of a $600-million, mixed-use project and opponents fault the drain from its “sphere of influence” on other revitalization efforts in the CBD neighborhood.

Geary has filed a lawsuit in the 14th District Court against the City of Dallas on behalf of Central Forest S/C Partners Ltd., a quartet comprised of commercial property owners Vaughn Miller and Homer Rader and two residential owners, whose names are not being made public. Geary is using the state’s Open Meeting Act and its 72-hour advance notice requirement as the basis for the lawsuit. He dropped a challenge to the state’s Open Records Act to get a copy of project financials that Palladium classifies as proprietary.

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