Last fall Novus Homes LLC, W3 Development LLC, and principals of the two companies filed suit against Tulsa Development Authority for breach of contract involving TDA's termination of the exclusive negotiating period with Novus Homes LLC for redevelopment of the vacant the half-block west of Elgin Avenue between Archer and...
Posted by Michael Bates on April 15, 2009 5:39 PM
From "Floyd," on TulsaNow's public forum, regarding the Trust Indenture for the Tulsa Stadium Trust: Sigh. If they had just decided to build a stadium and then created a set of special design codes for the stadium district, they could be moving dirt soon. But they can't help themselves from...
Posted by Michael Bates on August 18, 2008 7:07 PM
What a day. We learned a lot. We learned that when the Tulsa Development Authority approves an exclusive negotiating period, it's not necessarily exclusive -- they'll shove you aside if a more powerful suitor comes along -- they may not negotiate in good faith, and the period may be terminated...
Posted by Michael Bates on August 7, 2008 11:36 PM
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