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|FIRST ON WGIL: City Moves to Terminate Logistics Park Marketing Agreement
|POSTED 11:58am 8/16/09 They said a long time ago they wanted out of the agreement to market Logistics Park Galesburg, and now the City may be forcing that to happen.
The City's Business District Development and Redevelopment Commission Wednesday morning voted to allow the city to move forward to formally oust CenterPoint Properties and Mercantile Partners from the marketing of the Logistics Park inbetween Galesburg and Knoxville -- something that Centerpoint notified then-Mayor Gary Smith of last October.
Galesburg City Manager Dane Bragg tells WGIL the problem lies with the fact that CenterPoint never formalized that.
"They never supplied us with any written requests or notice under the terms of the agreement (to withdraw from the agreement)," Bragg said. "Therefore, it hasn't technically been terminated yet. What we talked about (Wednesday) was actually going through the formal process of terminating the contract."
WGIL reports at the time indicate that then-Mayor Smith was notified by e-mail that CenterPoint wanted out of the deal, something he called unprofessional at the time. Smith later apologized for that remark.
Bragg says the city would be allowed to notify CenterPoint and Mercantile they're getting out of the deal claiming the firms are breaching the contract.
He says, though, he would leave the door open to working with the two firms in the future if they come to the city with any sort of ideas.
The city is moving forward with the development of a request for proposals for a study of the logistics park to determine what types of industry it might be suited for.
|08 26 09 by Newsroom
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