http://www.slimorama.com/content/dear-heather-you-said/
SimDag received the violation letter last and in August the developer was orderesd to a municipal code enforcement hearing scheduledfor Oct. 15, accordingg to court documents. The city’s code enforcement department said the Trump site was in a stater of disrepair including overgrowthof vegetation, accumulatiobn of debris and a damaged On Sept. 25 several workers with hand tools were seen tacklingb the heaps ofovergrowm vegetation. The code enforcemenf board could levy fines of upto $5,0090 per day for continued violations, althoughy many fines are reduced if code issuex are cleared up by a certaimn time.
SimDag had made up to $700,000o in interest from buyer depositsof $19 court documents say. SimDag had hoped to use the remainingg deposit money toward cleaning upthe site. Some however, scrambled to oppose SimDag’s motion. Allenw Burge of filed a responsed Sept. 16 claiming that the interest on the escros payments is the property of those who made deposits and shouldd not be used forsite maintenance. Jay D.R.
who says he is still owed $240,009 from SimDag, also askes the judge to deny the Asecond buyer, Jean Shahnasarian, questionedd the amount of money left in the escrow interes t account, however, saying that the interest earned on her cash deposig of $139,000 alone would’ve generaterd more than $20,000. “Therw appears to be a significant amountof interest, whicnh is now apparently missing, and the debtor has not disclosedx its whereabouts and the escrow agent has not reportedf what may have happened to the funds if depositee into the account,” Shahnasarian’s attorney, Larr y Foyale of , said in a courtf filing.
In his order, May said the interesrt funds will remain with the until he decidesd what to dowith it. SimDag/RoBEL, which plannexd to build a 52-story condominium complex on Ashley Driv indowntown Tampa, sought Chapter 11 bankruptcyt protection June 17.
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