Quote:
Originally Posted by northcrunk
The best thing would have been to honor the promise to move. Secondly there is tons of empty space at Mountain View park and they could have developed space there.
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They could have, but should they have. It would have cost millions to develop that area, and you want to do so just to move a handful of people. Why should the city fork out this money to do that? If a private company is willing to cover the expenses, I'm sure the city would have donated some land, or again leased it. I'm willing to bet though that adding the infrastructure wasn't viable, and both the developer and city didn't want to pay for it.
The situation sucks for everyone, but lets be honest here... Due diligence is everything, and I'm still shocked the banks moved forward on a somewhat vague letter. That's some high level risk that even others should have seen coming (the risk that is). Promises from politicians? Boy, that's one thing I learned as a kid to never rely on.