Tuesday, October 6, 2009

Speaking Of Multi-Million Dollar Developers......

When is that particular developer, who came bearing promises and concepts and walked away with COMIDA and PILOT deals, going to start demolition?

In August, I wondered when demolition would start since according to the final PILOT agreement, it should have started sometime in June. It is now October, and still no demolition.

Where is that $500,000 payment he was supposed to make on April 7th - the entitlement date? Again....it's October....and this payment hasn't been made as per the final PILOT agreement.

Kinda hard to finesse the budget without it, eh?


Link to final P.I.L.O.T. agreement.