The judge also said he will soon schedule auction of $23 million judgement.
Mayor Jim Brown is in his final year on the Commission. Soon, all of his favorite issues such as the Colony Beach & Tennis Resort, the Bayfront Park Recreation Center, the Town Center and creating policy in general will be handed like an Olympic torch to another leader of the seven-member board. Longboat Key News [...]
Colony Lender in agreement with Unicorp placed the high bid of $15,200,100 and bought several pieces of collateral including the common property, tennis courts, restaurant, spa, swimming pool and other assets critical to the consolidation and eventual redevelopment of the resort which has been closed since August 2010.
Our memory of the former Colony haunts us. We want someone with vision to step in. But instead it looks like Rotterdam after Hitler’s Waffen planes carpeted the streets with bombs. And instead of the Klauber family selling units to friends, we see attorneys like so many wolves tearing at the carcass of a resort.