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Monrovia City Manager Optimistic Solution Can Be Found to $106 Million Lawsuit Against City

In her weekly report, City Manager Laurie Lile says she is optimistic a solution can be found to the $106 million lawsuit filed against the city. She writes:

"Samuelson & Fetter, a local developer who has built several office parks along Huntington Drive, is suing the City of Monrovia and the former Redevelopment Agency for $106 million. Although a judgment of that amount against the City would be devastating, I am optimistic that we will settle the dispute by finding a solution that will provide a development opportunity for Samuelson & Fetter, while providing the parking structure and the Maintenance and Operations Facility required for the Gold Line. We are committed to continuing our dialog with both the developer and with Gold Line to work this out."

- Brad Haugaard

1 comment:

  1. Solution: The State of California took the redevelopment money away. No money, no suit...they could sue the State...see what happens then!

    ReplyDelete