It would appear that the renegotiating of the Preferred Developer Agreement (PDA) which former Mayor Marc Garofalo negotiated and signed with Ceruzzi four years ago was unable to be accomplished as the Board of Alderman voted to terminate the agreement and seek a new preferred developer. Termination will not be a simple matter, based on comments associated with the city attorney,  yet Aldermanic President Ken Hughes’ comments and the Mayor’s seem to indicate that they’ve just had enough when it comes to the lack of progress on the part of the preferred developer. 

On the heels of this action Rick Dunne chose this time to resign his position on the commission and as a result its chairmanship, citing conflicts of interest with his position as the Executive Director for the Valley Council of Governments. This means the commission will need someone to take the reigns and guide the process from here on.

Your thoughts?

This entry was posted on Monday, December 31st, 2007 at 8:30 am and is filed under Downtown, Redevelopment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.