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Developer offers Sarasota payment plan for $49.8 million court judgment - News - Sarasota Herald-Tribune - Sarasota, FL
Developer offers Sarasota payment plan for $49.8 million court judgment - News - Sarasota Herald-Tribune - Sarasota, FL

The private developer that was awarded nearly $50 million last month in a historic judgment against the city has offered Sarasota a payment plan it claims could save taxpayers millions.

A lawyer representing Buck-Leiter Development said the firm won’t seek additional attorney fees — which it claims could save an estimated $25 million — if the city pays the full $49.8 million breach-of-contract judgment, plus interest, by 2022. 

However, city awaits judge’s rulings on motions that could overturn costly breach-of-contract court judgment.

Read the source article at Sarasota Herald

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