I’d heard a rumor that some sort of lawsuit about the biomass site was the subject of some of the Industrial Authority executive sessions for real estate discussions. VLCIA has finally said in public what their position is.
Jason Schaefer wrote for the VDT today, Authority weighs suit for biomass land: Slow progress leads to default, contract argument
The Valdosta-Lowndes County Industrial Authority plans to send a petition to Lowndes County Superior Court to sue Wiregrass Power, LLC, for a clear title on the land purchased for the development of a biomass energy plant.
The Authority believes Wiregrass defaulted on a lease agreement to build the plant, placing ownership of the 22.22-acre tract back in their hands, but Wiregrass denies the allegations. This denial casts “a cloud” of suspicion on the Authority that may prevent it from re-marketing the property, according to the petition, leading to the suit.
Sounds like they’re publicizing their intent to try to scare Sterling off without having to sue. I’m for that.
This may explain a flurry of special called meetings they had in May and June 2011.Continue reading