Summary
The city is scheduled to review a $925,000 settlement with the Virginia Park and Herman Kiefer development entities, which also involves the city receiving title to parcels through a covenant deed.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Nov 4, 2026.
Impact analysis
A $925,000 payment plus title to development parcels conveyed to the city.
The city, which receives the parcels and closes out the litigation.
Taxpayers may repay a developer who defaulted for a decade.
Mentions & discussions (2)
Internal Operations Standing Committee
The city is scheduled to review a $925,000 settlement with the Virginia Park and Herman Kiefer development entities, which also involves the city receiving title to parcels through a covenant deed.
Internal Operations Standing Committee
A developer who bought the 38-acre Herman Kiefer site in 2014 never delivered the project and is now in bankruptcy. The city may have to repay $925,000 to get the land back, with nearly $810,000 in water bills and $823,000 in back taxes still hanging over it. Members are furious about a wasted decade and worry the developer profits anyway.
Related development
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