Who are they kidding? The commissioners are only doing this to cover their collective asses and are thinking that hopefully they can off this site and still save face.
Hopefully for our sake this works out - or else we are still stuck with the property.
From the PD --
The K&D Group was given an eight-month extension, free of charge, to close the deal to buy the tower and surrounding buildings for $35 million. The firm previously agreed to pay $500,000 at the end of October if it needed more time.
On the same day the $522 million Flats East Bank project was put on ice in Cleveland, commissioners decided they were better off waiving K&D's fee than risk losing a buyer for the site at East Ninth Street and Euclid Avenue. (For more coverage of Cleveland development issues, go to cleveland.com/economy.)
"We don't have any choice," said Commissioner Tim Hagan. More...
Isn't that just like Hagan - never his fault! You DID have a choice you balloon-headed, lisping jackass! You did not have to buy the building you moron! At the time of the negotiations the $500,000 stipulation for an extension was nothing more than tough talk by Hagan.
I guess you didn't have a choice on your forced sales tax for the MedMart or the millions wasted on new voting machines by awarding more questionable contracts either - huh Tim?
Please shoot me or tell me why the HELL somebody is not running against this guy!
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