Wednesday, January 9, 2013

Homewood Resort Court Ruling-II

      The presiding judge hearing the case involving developer JMA & Assoc.  vs. WestShore Citizens ruled(after 13 months) that the developer must submit more environmental data reflecting a scaled down version/ less impacting design in addition to that already approved by Placer County.
    The developer and the county said this is a positive ruling and will require some "tweaking" of the proposed design already approved.  This could take some time, of course; but representatives of the county and the developer group stated that this was not a major obstacle to the complete project.  No doubt they feel that they can overcome considerable changes required and still go forward.
     The "Sierra Sun" carried a complete article on the ruling with a reference to the entire 125 page court document given to parties involved.
      It may still get done; but maybe not before interest rates go up again.  The price of lumber has already gone up over 50% in the last year, along with other building materials.  Labor costs continue to stay low as few construction workers are able to find work in the Tahoe/Reno region.

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