A special meeting of the Brownfield Redevelopment Authority has been called to deal with major questions about what the City really owes the developer in taxes on the Center City District deal.
At Planning Commission, the eBay auction winners asked for more time on their approvals, and owners of three already-built locations asked for permission to sell recreational marijuana. What happened?
Is East Lansing’s Brownfield Redevelopment Authority (BRA) about to accidentally issue over $2 million in essentially worthless bonds?
The developer came well armed with representatives, but the City went in with no financial advisor to this deal. Its usual advisor is actually being paid with public money to represent the developers.
Coolidge Court is the only strip mall in the City that is prohibited from having businesses open on Sundays, a restriction the developer agreed to in 1986. Now Council will take up the matter.