City Of Portsmouth And Redgate/Kane Still Unable To Reach Agreement By The General Services Administration Deadline

Press release from the City of Portsmouth:

In addition, City Attorney Susan Morell, speaking about the Development Agreement negotiations at a Special Saturday, March 11 City Council Meeting advised that the City was seeking to restore termination rights that were in the original Development Agreement but were absent from the developer’s latest draft of the agreement. She reported that the developer had at that time refused to include that language.

This press release was produced by the City of Portsmouth. The views expressed here are the author’s own.