Request Legal Help Now - Free

LAWSUITS NEWS & LEGAL INFORMATION

Roseville, MN

Roseville, MN: (Aug-14-07) The legal battle between Roseville and developers, who brought the doomed proposal to develop a blighted area, ended with a settlement in which the city forfeited the right to $827,650, leaving them in a quandary regarding the use of the land. In 2005, citizens sued the city, arguing that the City Council needed a super majority of four out of five to ratify it. The citizens won the case when the Minnesota Supreme Court declined to hear an appellate court's decision that went in favor of the residents' group. The land in question is a large industrial and trucking area in northwestern Roseville called Twin Lakes. Afterward, stymied by the opposition and a slumping real-estate market, the developers killed the project. The city took control of an $827,650 letter of credit that the developers had taken out as a guarantee for the city's expenses related to eminent domain proceedings. The developers then sued to get the money back. Now, the settlement returns the $827,650 to the developers and gives the city $100,000 for expenses, ending the six-year saga of the ill-fated 275-acre master planned mixed-use redevelopment project. [STAR TRIBUNE: LAND DISPUTE]


Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Aug-15-07


ADD YOUR COMMENT ON THIS ISSUE

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free