|By Christian Wihtol, The Register-Guard, Eugene, Ore.|
|McClatchy-Tribune Information Services|
The property consists of nearly 70 undeveloped residential lots along
The lots, totaling about 30 acres, are part of the sprawling MountainGate development where a number of developers and builders have been at work in recent years.
It was not immediately clear what Gramzow will do with the acreage. He did not respond to a request for comment from The Register-Guard through his attorney.
Alberts' debt to Gramzow dates to the
Alberts installed roads and other infrastructure and carved out lots, but in the process ran into a major headache: In
An engineering firm hired by the city determined in
The road fill was fortified that spring, and construction resumed.
The parties, including Alberts, the city, a local rock quarry, an engineering firm and an insurance company ended up in lengthy legal disputes over who was responsible for what portion of the costs. In one court filing, Alberts said the landslide fiasco would cost him
After rebuilding the road, Alberts was able to sell some individual lots.
But as the recession set in, homebuiding in
In his notice of default, Gramzow said Alberts owed
Alberts declined to comment.
The MountainGate property is the third
Last September, Eugene businessman
Also last September, a
Follow Christian on Twitter @ChristianWihtol. Email [email protected].
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