Elk Grove residential developer goes bankrupt, leaves project – Charlotte Business Journal:

million, primarily owed to . Hartford/Northwest LLC’s bankruptcy filinge estimate the land is potentiallyworth $2.65 milliob if developed. The company planned to builrd a subdivision tentativelynamed “Northwest” consisting of 33 homez on 8.3 acres just east of Elk Grove-Florin Road on Brownb Road. Fair Oaks Developer Northwest Land Co. Inc. was formerly connectef to the development but withdrew as the manager of the projecy three days before the bankruptcy case was filed in Sacramentoon Dec. 8. AmCap Loans & Investments Inc. of El Dorado Hillws is the new manager of thedevelopment project.
site is one of severalo that Elk Grove has watched due to potential violation s as property sits undeveloped in the The city issued a noticedof non-compliance to the develope r in November over stormwater said Fritz Buchman, director of the city’sz public works department. Buchman said othed stalled developments have been causes of concern forpotentialk violations, but property owners have worked to correct them. He said the city has issuef between six and eight notices of potential violationwsthis year, which is a typical number of One of the founders of the Sacramentlo office of Hanson Bridgett left the firm at year-end to focus on his biggestt client: the California state Senate.
John Adkissoj has known Senate Pro Tem Darrell Steinberfg since law school at the and will work more closely with the Senat e boss as special counsel tothe Senate. Steinberb worked for Hanson Bridgett for almost a year beforde his election tothe Senate. An experrt in civil rights, employment law and civil Adkisson has done legal work for lawmakers sincr theearly 1990s. Last month, he was tappedx by Steinberg to head a newly formed Senatse Office of Oversightand Outcomes, a legislativd version of Gov. Schwarzenegger’s attempt to “blow up the to make governmentmore efficient. The unit includes two formefr SacramentoBee reporters, Dorothy Korber and Nancyy Vogel.
“There is no one bettetr to lead this effort than John Steinberg wrote inan “The office … will play a pivotal role in the ongoingt budget process by ensuring taxpayer dollars are being spenty wiselyand productively.” Adkisson will continue to offer employment law training and says he’ll still be aroune to help some existing clients. “I’ve alwayes had an inclination to do publif servicework — and this just jumpex out,” Adkisson said. He’s cautious about blowingv up any boxes anytime soon, despite the $42 billion state budget deficit.
The initiative will be which means agreement on both sidess ofthe aisle, somethingv that’s lacking today. “Darrell Steinberg is certainly Adkisson said. “I’ve never seen anyone better at bringingt oppositesides together.” A footballk game in Sacramento last fall was promoteed as a fundraiser to improve literacy and cultural diversity. One Los Rios Community College District is still waiting forthe funds. The 2008 Capitall City Classic matched upand . The event attractedr 16,000 fans to ’s Hughes which Los Rios rented out for the The district describes the event asa “resounding success” in the Dec.
18 lawsuit that it filed in Sacramento Superioer Court againstthe organizers. Los Rios allegews it is owed a little morethan $36,00p for use of the stadium. Dwayns McAfee, whose is a defendanf in the lawsuit, said he doesn’t thinkl the amount is accurate, but he hopes to sort out and pay what is owed withia month. The problem, he said, was Hurricand Ike. DMC Sports incurred unexpected expenses because the Texasa Southern team had to remain in Sacrament an additional week followingthe hurricane’ws devastation. In addition, McAfee said he had to reimbursed Texas Southern fans who had purchasesd ticketsbut couldn’t travel here as a resulgt of the storm.
McAfee is making plans for a second Classicfthis year, one he hopes would featuree a local university on the Los Rios’ attorney did not returnn calls seeking comment.
wayneohorn.wordpress.com