November 16, 2024 6:58 pm
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Casa Grande to release development bonds on 4 stalled subdivisions

By Heather Smathers | Casa Grande Dispatch

A few residential developers will see their financial bonds released by the city.

The Casa Grande City Council voted Monday to release more than $20 million in bonds that had been placed for financial assurance in four subdivisions: Arroyo Vista, Carlton Commons, Gila Buttes and Mystic Trails. Planning and Development Director Paul Tice said the developers have asked for the bonds to be released as they have no immediate plans to build in those subdivisions.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.