Valpo commission vows to cooperate with FBI
NWI Times
August 13, 2014
August 13, 2014
VALPARAISO | The city's Redevelopment Commission issued a statement Wednesday promising full cooperation with the FBI investigation of the University Promenade project.
On Tuesday, the FBI got aerial images of the project site and sales disclosure information from the Porter County auditor's office on the six parcels along University Drive between Lincolnway and LaPorte Avenue that were part of the sale to developer Al Krygier.
The finished project will provide a north entrance to Valparaiso University and includes two mixed-used buildings with commercial uses on the ground floor and condominiums on the upper two floors. A small park was built at the northwest corner of Lincolnway and University Drive and sold to the city.
In its statement, the commission said, "Redevelopment efforts (including public improvements) commenced on East Lincolnway in 2006 with the East Lincolnway streetscape beautification project. As a result, the area has seen a transformation with the construction of seven 'university style' apartment buildings and a Horizon Bank branch location.
"Other property owners have taken advantage of facade grants (matched by private investment) to enhance the outside appearances of their buildings. As to the University Promenade project, all agreements were publicly approved by the redevelopment commission and executed on Aug. 13, 2010. The closing on the real estate took place on or about Sept. 24, 2010.
"All records as to University Promenade are public and available for inspection. If asked, the redevelopment commission and its staff will fully cooperate with the FBI."
No comments:
Post a Comment