hallmarkgrad
Posts : 1066
Join date : 2012-07-30
Location : West side
 | | Subject: Hayward withdraws right of first refusal......on the "Old Stinky" ECUA propery Mon Jun 17, 2013 8:45 am | |
| Saw this in Ricks Blog. So the City might not buy the ECUA property? We learned that 22 days after the grand announcement Mayor Hayward rescinded the request. The letter wasn’t received by Sorrell until March 4.Meanwhile, Sorrell, not knowing that Hayward had backed out of his request, presented the Jan. 29 letter to his board on Feb. 28. Late that afternoon, he sent an email to Hayward saying that ECUA board approved:
- Giving the City a Right of First Refusal for seven months
- Setting 72-hour response time to exercise that right
- Asking for $5,000 to bind the deal.
Hayward did not respond. Sorrell had to email him again on March 4, “Mayor, how do you want me to proceed | |
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