No deed for Cutliff Grove land
Press release from the issuing company
Monday, June 7th, 2010
If the city wants to try to reclaim a part of the $374,000 that has been spent on a failed community development project, it must take a local church to court after a security deed that would allow them to take the property has not been found, city officials say.
The city’s efforts to reclaim at least a portion of the money that is being repaid by the city to the federal government appear to have become more complicated after city officials said that no documents have been found to suggest that a security deed was ever drafted or signed between the city and Cutliff Grove for the property where they intended to build low-income housing. (read more at albanyherlad.com)


