Hercules City Council Approves Eminent Domain Action On Sycamore North Development
Hercules city officials have begun procedures to take over a strip of land they say is needed to finish the long-delayed Sycamore North retail/residential project.Full Story
#1 Aug 22, 2013
The report is biased.
Was they any effort to obtain Bayside HOA's position?
When I initially received the letter from the "new" developer and attended the community meeting, I thought the HOA is not acting in good faith.
But after attending the HOA board meeting, I am convinced that the city and the developer are not telling the truth.
Negotiation is a tool to get to a compromise or a middle ground. All the city and the developer have done until this point is nothing but take it or leave it approach.
For example, for past year, the city or the developer has NOT offered new proposal or addressed any of the concerns of HOA.
1. Parking, the city has not done anything on the parking permit. I would have supported the City if at least they had this completed. By the way, I don't want the promise of the city, I want the actual permit system in place.
2. Bayside community is built on the muddy ground and the underground water runs shallower than other parts of the city. The HOA requested the City or the developer to be liable for possible damage to the foundation due to the heavy contruction equipments. The city or the developer refused to address this issue or even talk about this issue on the community meeting or in their letter sent to the resident of Bayside.
3. The city is refusing to work with any other developer. When the Purchase and Sale Agreement was signed, the market was at the bottom. The city should thank the HOA for delaying the closing of the escrow and search for new developer now that the market has recovered from the bottom and is still recoverying. But the city has been stubborn and wants to stick with the PSA, which is a loss to the city. I believe the property is worth more than price that is on the current PSA.
Lastly, I don't mind taking this issue to the court. At the end, the city will have to pay for the legal cost incurred by the HOA when the court rejects the city's request.
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