Mason City, Iowa – The City of Mason City could be sued.
An attorney for the city’s hotel developer for the downtown River City Renaissance Project is threatening legal action against the city for “unacceptable conduct.”
The city received the letter nearly a month after the city provided Philip Chodur’s G8 Development a written and electronic notice of default after it failed to show proof of financing.
They city’s notice to G8 Development gives them until today to remedy the default.
Chodur’s attorney says Mason City’s request for proof of financing for the hotel is “outside the scope” of its agreement with G8; therefore, the developer is not in default by not providing it.