Spending Bill Bans FHA from Financing Eminent Domain Loans
“The so-called cromnibus appropriations bill passed by the House late Thursday included a little-noticed provision that would make it more difficult for municipalities to use eminent domain to condemn and seize underwater mortgages. The massive…
Conshohocken Borough Council borrows $10.8M for new borough hall
“Conshohocken Borough Council approved borrowing $10,781,000 from two banks Sept. 17 to pay for the construction of the new Conshohocken Borough Hall, police station and retail space in the former Verizon building at West Fourth…
Mall developer: We can pay for Dillard’s
“NewMark Merrill plans an $80 million to $85 million redevelopment of Twin Peaks Mall into the open-air Village at the Peaks, which is slated to open in early 2015. Boulder District Court Judge D.D. Mallard…
Lower Makefield officials cobble together $3.5M to pay judgment in eminent domain case involving golf course land
“The township will borrow up to $3.5 million from township funds to pay off a judgment in an eminent domain case involving Lower Makefield’s 1999 acquisition of the 166-acre Dalgewicz Farm on Woodside Road, the…