Posted Jul 19, 2011, 6:39 PM
|
|
Detroiter4life
|
|
Join Date: Jul 2001
Location: Back home in Georgia!
Posts: 4,061
|
|
Ann Arbor CFO warns that 60-day purchase delay possible for Village Green deal
Quote:
Ann Arbor City Council members received an update Monday night on the long-awaited Village Green project, which calls for a 156-unit complex called Ann Arbor City Apartments on city-owned property at the corner of First and Washington downtown.
The city entered into an option-to-purchase agreement with the developer in February 2007 and it was amended last year to extend the term of the option to June 1, 2011. The city administrator later exercised authority to extend the timeline to Aug. 30, 2011.
|
http://www.annarbor.com/news/ann-arb...tment-project/
|