Friday, May 24 2013 9:30 AM EDT2013-05-24 13:30:13 GMT
Information from GA Pundit- Fort Stewart and Hunter Army Airfield soldiers began Memorial Day observances Thursday. Several Gold Star Families - who like the Bookers have lost a family member to conflictMore >>
Fort Stewart and Hunter Army Airfield soldiers began Memorial Day observances Thursday. In 2013, Georgia lost 26 armed services members who gave their lives for us and their names were read in the State Capitol as part of our observance of Memorial Day.More >>
Friday, May 24 2013 9:01 AM EDT2013-05-24 13:01:21 GMT
LAWRENCEVILLE, Ga. (AP) - Legal woes are piling up for the leader of Georgia's Democratic Party. The Atlanta Journal-Constitution reports (http://bit.ly/199UTSo) that a lawsuit filed in Gwinnett CountyMore >>
A lawsuit filed in Gwinnett County this week accuses Mike Berlon of failing to distribute nearly $1 million from a trust he created for a friend and his son.More >>
Thursday, May 23 2013 11:45 PM EDT2013-05-24 03:45:38 GMT
A Cordele man is out of jail tonight, accused of stealing thousands of dollars worth of jewelry from his former employer. Crisp County Investigators say 25-year-old James Aultman stole more than $10,000More >>
A Cordele man is out of jail tonight, accused of stealing thousands of dollars worth of jewelry from his former employer.More >>
Thursday, May 23 2013 11:40 PM EDT2013-05-24 03:40:13 GMT
Albany Police are putting on a free gospel concert this weekend. It's free, but they will accept donations to fund the department's annual community picnic in June. Musical artists from around SouthMore >>
Albany Police are putting on a free gospel concert this weekend.More >>
Thursday, May 23 2013 11:35 PM EDT2013-05-24 03:35:30 GMT
A couple of South Georgia mayors attended a forum at the Albany Civil Rights Institute to enlighten the public on how city governments run, Thursday. Albany Mayor Dorothy Hubbard and Baconton Mayor AnnetteMore >>
A couple of South Georgia mayors attended a forum at the Albany Civil Rights Institute to enlighten the public on how city governments run, Thursday.More >>
If Albany leaders can't find a use for a failed development in East Albany, they may have to repay $500,000 to the federal government.
Brush and trees still stand on land off Frank Postell Sr. Street that by now, was supposed to be University Gardens, a home to low to moderate income housing.
That hasn't happened, and now the bank is foreclosing on the property. Other than acquiring the land, nothing's been done with the 8.7 acres of land, near the sand dunes.
What happened to the $500,000, Liberty Partners Albany Land LLC, was awarded by the city to do the development?
DCED Director Latoya Cutts said, "It was their idea to use those tax credits to help fund the development, they were not successful or their application for tax credits was not a successful application."
"They're probably what is politely referred to as under-capitalized meaning they wouldn't have the assets to pay," said City Attorney Nathan Davis.
There you have it in a nutshell. We awarded a half-million dollars to an under funded group, who could only proceed, if the group successfully secured even more federal money to complete the development.
Now, a developer would have to overcome the two liens on the land, as well as have funding for a viable project.
City leaders will meet in November to craft some sort of plan to send to HUD by their deadline November 21. This is just not the way we should be doing business.