ORLANDO-The 18-month-long victory by Orange County property appraiser Bill Donegan over Vivendi Universal's attempts to keep its low agriculture exemption on 1,800 prime acres means taxpayers could gain $3.5 million in annual tax revenue.

ALPAHRETTA, GA-Concierge Asset Management of Tiburon, CA, sponsors of the Drever Opportunity Fund, beat out 14 bidders and had a $2.6-million, equestrian-themed renovation plan on paper even before the deal closed on the 46-acre property in this Atlanta suburb.

ORLANDO-Robert L. Kling, president, FF South & Co., and his partner, Louis J. Pearlman claim local officials broke a contract by not paying them the first $750,000 due on a construction loan at the seven-acre Church Street Station redevelopment project Downtown.

ATLANTA-The White Plains, NY inn operator is asking the Atlanta Regional Commission to amend a site plan the firm filed earlier for an 828,200-sf high-rise project at Lenox Road and Wright Avenue.

ORLANDO-Orange County comptroller Martha O. Haynie's office collected $8.4 million in room tax revenue in November, surpassing the November 2002 mark by 10.5% and also eclipsing Haynie's own budget projection by 10.1%. It was the fourth straight month of revenue collection rises compared to 2002 periods.

ORLANDO-After losing money for 10 successive years, the Chinese Travel Service of Hong Kong has closed the 76-acre Splendid China property near Walt Disney World and is considering offers on the prime acreage, industrial brokers in a position to know tell GlobeSt.com.

ATLANTA-Robert Lattimer, managing partner of locally based Lattimer Group Inc., moves up from the vice chairman's post at the Atlanta Neighborhood Development Partnership. Raymond Christman, president and CEO of the Federal Home Loan Bank in Atlanta, is the incoming vice chairman.

ATLANTA-However, a proposal by a stock holder on hiring an investment banking firm to find a buyer for the 120-hotel company was rejected. Directors Thomas J. O'Haren and Dr. Robert D. Hisrich were re-elected.