"The boundaries of this Area are the eastern right-of-way of Sappington Road on the east; the southern right-of-way of Watson Road on the south; the common property lines with Watson Plaza Shopping Center on the west; the Crestwood City Hall, St. Louis County Water Company water towers, and the private swimming pool (owned by Rosebrook Real Estate/Crestwood Swim Club) and tennis facility (owned by Rosebrook Real Estate/Crestwood Swim Club)on the north."
What was the reason for not recording the deed transfer from Rosebrook Real Estate Company/Crestwood Swim Club to THF Realty for the 50 parking spaces?
What are the fringe benefits for Rosebrook Real Estate Company/Crestwood Swim Club to sell 50 parking spaces for $1.00 to the City of Crestwood instead of transferring the deed to THF Realty?
4-20-2007 Board Hears Crestwood Point Amendment by Eileen P. Duggan
"A related Community Improvement District includes construction of water lines, sanitary and storm sewers, curbs, gutters and sidewalks serving Kohl's. The CID has imposed a real estate tax of $3 per $100 assessed valuation on the property, and those taxes fund the infrastructure projects."
What are the fringe benefits for the $1.00 deed transfer from Rosebrook Real Estate/Crestwood Swim Club to the City of Crestwood instead of transferring the deed to THF Realty? If the deed was transferred to THF Realty, then would Rosebrook Real Estate/Crestwood Swim Club have to pay for all new sanitary and storm sewers, curbs, gutters, and sidewalks, parking, and security? Would this cost around $650,000 or more?
1 comment:
Well written article.
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