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Owner Obligated To Designate Liaison Coordination

Wednesday, April 02, 2003 01:02 pm

 
Owner Obligated To Designate Liaison Coordination

A federal court has ruled that a public project owner's failure to provide a full-time, designated liaison was a material breach of contract.

The Village of DeForest, Illinois, formed a Tax Incremental Financing District for the purpose of redeveloping the downtown area. The Redevelopment Authority entered into an agreement with Designer Direct, Inc. (DDI) to develop the area. DDI was to purchase the land and then construct and sell buildings.

Execution of the redevelopment plan required extensive rezoning and permitting. The agreement required the Authority to designate and maintain a full-time liaison t [...]

 
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