Longmont set to play eminent domain card for Twin Peaks Mall
“Longmont city officials might force retailer Dillard’s to sell its building at the Twin Peaks Mall, if the department store’s representatives do not agree to a final offer of a plan to redevelop the mall from NewMark Merrill Mountain States.
.
Longmont’s mayor Dennis Coombs said Tuesday night the Longmont City Council, acting as the Longmont Urban Renewal Authority, could authorize the use of eminent domain on the Dillard’s property on Tuesday, April 9, or earlier. Fort Collins-based NewMark Merrill Mountain States representatives have negotiated for months with Dillard’s department store representative to agree on a plan.”
Potter, Beth. Boulder COunty Business Report 19 March 2013.