December 18, 2012 | 05:02 PMA memorandum of understanding between the city and the former Geneva Ridge Joint Venture plotted out steps the city was to take to have a multi-million dollar lawsuit dismissed by the developer.
Under the memorandum, called an MOU, the city was to redesignate nine contiguous parcels totaling 718 acres of land on the city's south side from agricultural to planned neighborhood (PN) and planned mixed use (PMU) in the city's Smart Growth master plan by Aug. 31, 2011.
Click here to read the MOU.
The master plan was amended to redesignate those properties to PN and PMU on Aug. 30, 2011.
In return, shortly thereafter, Geneva Ridge Joint Venture dropped its lawsuit against the city.
The MOU was released to the public on Dec. 10, after a Milwaukee law firm, hired by Care for Lake Geneva Inc., a local citizens group, filed a writ of mandamus demanding its release. The memo's release was one day before the scheduled hearing on the writ of mandamus in Walworth County Circuit Court.
Click here to read the Care for Lake Geneva press release
For more information read this week's print edition.