Tommy -
Yes, Asbury Partners and even our attorney for the waterfront, James Aaron, whenever we asked why the city hadn't invoked its right to declare the partners in default on their timelines for action, were told while there is a suit challenging the plan, the master developer cannot be held to the deadlines.
Those of us who attend the bi-monthly meetings can almost recite this verbatim.
Now from a legal point of view, you should be fascinated by the fact that Mr. Aaron approved this language in the agreement at a point in time when there already was a lawsuit on file challenging the validity of the plan. So he in essence advised the council to sign a document that gave the other party an out on most of its obligations. Eager to see the discussion on this.
Maureen
 
In a message dated 1/24/2006 9:23:32 AM Eastern Standard Time, AsburyPark@yahoogroups.com writes:
Message: 8        
   Date: Tue, 24 Jan 2006 00:17:31 -0000
   From: "bluebishop82" <[EMAIL PROTECTED]>
Subject: What do you mean, Maureen?

Maureen,

First, congrats on proving once again that web-based media can beat
lame old print based media like the AP Press to the punch on a story
every day of the week.  Thanks for bringing it to everyone's attention.


In your story, you say this:

"The ruling is important because it strips Asbury Partners of the last
of their excuses for not building a decent waterfront by restoring the
pavilions and the landmarks - the Convention Hall, Paramount Theater,
the Casino, Heating Plant and Carousel."

Was Asbury Partners using this suit as an excuse for not building? 
How so?  Can you give us specifics on this?

Seems like a good topic for the board to discuss.
 
Speak up - It's America!!
Maureen Nevin
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