Enter the latest attempt to
develop the land referred to as Deer Pointe. Instead of Deer Pointe, it
should be called "Question Pointe." Once again colorful maps
and diagrams presented to the local officials in attempt to convince them
that this is the best way to develop the land and benefit the community
are masking something that isn't what it seems.
Look beyond, below, and under
the presentations and follow the money. Deer Pointe is currently at the
center of a law suit, Mier vs Signa Development Corp., No 1:00-CV-1976.TWT
(N.D.Ga. Aug. 2, 2000). Two Atlanta law firms are accused of helping clients
hide assets to avoid an $18 million judgment, and then leapfrogging over
other creditors to secure their legal fees.
The suit also names the First
Citizens Bank of Georgia, and Fayette County developer Dan V. Stinchcomb.
What is at stake is who will
own the property after the suit is finished. Mr. Stinchcomb bought the
land only hours before Federal Judge Thomas W. Harsh handed down a judgment
against Signa Development. The sale was made on the condition that it
be completed quickly, according to the complaint in the suit.
With the property sold for
millions below the market price, the sellers were obviously anxious to
make the sale. Following the sale all but $3,648.51 was taken up by costs
determined by the law firms.
And with the same haste that
the sale was conducted, the developer made attempts to rush through the
development of Deer Pointe through the planning and zoning bodies of Fayette
County and Fayetteville. When the county was not warm to the development
plan, the city of Fayetteville was approached. Why? Could it be that all
the parties knew that there was certainly a lawsuit to follow once the
sale was discovered? Are these good neighbors?
Not too long ago an owner of
a house in a subdivision in one of the northern Atlanta counties discovered
that he did not have clear title to his house. Seems that the developer
bought the property from someone who passed themselves off as the "owner"
of the property. He couldn't sell his house, and had to go to the legal
system to determine what his future would be. This also applied to all
the other homeowners. Are the citizens of Fayette County going to be exposed
to this same legal morass?
Our local government has the
opportunity to protect and serve those citizens that elected them in this
matter. When one neighbor turns out not to be a good one, it's time for
our elected officials to be good neighbors and not let the parties named
in the suit proceed in the development of Deer Pointe until the suit is
settled and the citizens of Fayette County are protected.
Norman Nolde
Fayetteville






Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…