--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
> They do not have veto power over the City regarding creating public
> infrastructure or the
> re-acquisition for public purposes of the beachfront East of Ocean
> Avenue.
> ....
>
> which should happen today, then ground leased at a base plus % rent.
> (have the Pavs rebuilt and rented)
The Partners seem to be in default of their obligations to
rehab/restore this properties. Granted, performance deadlines are
loose to none in the agreement, but in reading all the documents and
knowing the history of their adoption, It's clear that the intent was
to have some major reconstuction finished by now.
Not just a boardwalk, paint, murals and temporary repairs.
Werner
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