Not surprisingly, Cox Castle Nicholson, attorneys for Winehaven Legacy LLC, sent the attached letter to the city attorney today putting the City on notice of a breach of the City’s obligations under the DA and DDA for Point Molate and demanding the City take immediate action to cure the breach.
The action of the RPA Four in this matter exposes the City of Richmond to potentially tens of millions of dollars in damages should litigation follow.
The RPA Four are tone deaf to such threats and have little understanding of the potential consequences. Half of the RPA Four have undergone personal bankruptcy, evidence that they are not qualified to handle even small financial obligations, much less those of a city with budget of nearly $200 million. |