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 Speak up - It's America!!
Maureen Nevin Asbury Radio -"The Radio Voice of Asbury Park" 88.1FM - "5" Years on the Air!! Asbury's Own Live Talk Show 601 Bangs Avenue Listen 8 - 10 PM Thursdays on 88.1FM or Listen Live or Later on the Web http://www.restoreradio.com/ Call the show 732-775-0821 Call me 732-774-0779 fax 502-0463 YAHOO! GROUPS LINKS
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