Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Saturday, January 10, 2015

Pines Plaza threatened with lien

The sale of the Pines Plaza Commercial Center on Cathell Road early last year was contingent on lowering the number of allocated Equivalent Dwelling Units, which are used to gauge sewer capacity.

The original allocation for the Pines Plaza and neighboring commercial properties was 110 but increased to 125 with the assimilation of the final properties in the area connected to the system.

To sell the property, the number of allocated EDUs was reduced to 64, reflecting the maximum allocation for the property at full capacity. In a letter dated 12/1/2014 and signed by Bob Waugh, vice president and chief operating officer of Pines Plaza Associates LLC, Waugh requests the number of EDUs be reduced to reflect actual usage — 24, plus an additional unit to cover possible expansion at the Dollar General Store.

More

No comments: