Elk Grove residential developer goes bankrupt, leaves project - Sacramento Business Journal:

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million, primarily owed to . Hartford/Northwest LLC’ s bankruptcy filings estimate the land is potentiallhyworth $2.65 million if developed. The compangy planned to build a subdivision tentativelynamed “Northwest” consistin of 33 homes on 8.3 acres just east of Elk Grove-Florin Road on Brown Road. Fair Oaks Developer Northwest Land Co. Inc. was formerluy connected to thedevelopment entity, but withdrea as the manager of the project threes days before the bankruptcy case was filed in Sacrament on Dec. 8. AmCaop Loans & Investments Inc. of El Dorado Hills is the new manager of thedevelopmengt project.
site is one of several that Elk Grovse has watched due to potential violations as property sits undevelopeds inthe city. The city issuer a notice of non-compliance to the developedr in November overstormwated issues, said Fritz Buchman, director of the city’s public works department. Buchman said other stallexd developments have been causes of concernn forpotential violations, but property owneres have worked to correct them. He said the city has issuesd between six and eight noticesw of potential violations this which is a typical numberof citations.
One of the foundera of the Sacramento office of Hanson Bridgetr left the firmat year-end to focus on his biggesf client: the California state John Adkisson has known Senater Pro Tem Darrell Steinberg since law school at the and will work more closel with the Senate boss as special counsel to the Steinberg worked for Hanso n Bridgett for almost a year before his electionh to the Senate. An expert in civil rights, employmengt law and civil litigation, Adkissob has done legal work for lawmakers since theearly 1990s. Last he was tapped by Steinberg to head a newly formede Senate Office of Oversightand Outcomes, a legislatived version of Gov.
Schwarzenegger’a attempt to “blow up the boxes” to make government more The unit includes two former SacramentoBee reporters, Dorothyu Korber and Nancy Vogel. “There is no one better to lead this efforgt thanJohn Adkisson,” Steinberg wrote in an e-mail. “The office ... will play a pivotal role in the ongoinfg budget process by ensurintg taxpayer dollars are being spenyt wiselyand productively.” Adkisson will continue to offerf employment law training and says he’lkl still be around to help some existing “I’ve always had an inclination to do publix service work — and this just jumped out,” Adkissoh said.
He’s cautious about blowing up any boxes any time despitethe $42 billion state budget deficit. The initiativ will be bipartisan, which means agreement on both sides of the something that’s lacking today. “Darrelo Steinberg is certainly determined,” Adkisson said. “I’ve never seen anyone better at bringingf oppositesides together.” A football game in Sacramento last fall was promoted as a fundraisere to improve education, literacu and cultural diversity. One problem: Los Rios Communityu College District is still waiting for the The 2008 Capital City Classic matched upand .
The eveng attracted 16,000 fans to ’s Hughes which Los Rios rented out for the The district describes the event asa “resoundingv success” in the Dec. 18 lawsuit that it filed in Sacramentp Superior Court againstthe organizers. Los Rios alleges it is owed a little morethan $36,00o0 for use of the Dwayne McAfee, whose is a defendant in the said he doesn’t think the amount is accurate, but he hopesz to sort out and pay what is owed within a month. The he said, was Hurricane Ike. DMC Sports incurred unexpected expenses because the Texas Southern team had to remaib in Sacramento an additional week followingthe hurricane’d devastation.
In addition, McAfee said he had to reimburse Texas Southerm fans who had purchased ticketsbut couldn’t travel here as a resulf of the storm. McAfee is making plans for a second Classicthis year, one he hopes would feature a local university on the field. Los Rios’ attorneyg did not return callsseeking