The half-a-million dollar hang-up

I wrote a story in todays paper about La Puente’s legal troubles.

It seems the city and Victor Gudzunas – who owns the Hacienda Mart strip mall at 1313 to 1335 N. Hacienda Blvd. – cant seem to agree on a sale price for Gudzunas land.

Theyre off by $500,000. Gudzunas final demand of the city is $6.5 million and the citys final offer to Gudzunas is $6 million.

Just some background: the city has been trying to acquire this land for a year to build a commercial retail center. City attorneys filed legal documents in court last July to start the eminent domain process.

Throughout the proceedings, the city and Victor have been trying to negotiate a settlement – but to no avail. There seems to be a lot of that going on in City Hall these days.

City officials and Gudzunas made it pretty clear that trial is eminent. It could begin as early as May 19.

This entry was posted in Random Signs. Bookmark the permalink.