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September 27, 2012
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Big bet means big loss

It has been nearly six years since this newspaper warned the county of the dangers of entering into a $24.7 million redevelopment deal to build 30,000 square feet of commercial space.

On Thursday, county commissioners voted to approve a settlement that erased the deal, but left the large pile of dirt that greets motorists entering Douglas County from the north using Highway 395.

Coming up with a solution for what can only be considered redevelopment's blast pattern is the next step in negotiations over the property that was supposed to be another mall.

The original redevelopment deal was a bad …

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The Record Courier Updated Sep 27, 2012 07:40PM Published Sep 27, 2012 07:39PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.