From a press release this morning:
NORFOLK –The City of Norfolk administration received information this morning that the STOP Organization has reversed its decision to be a tenant in the Midtown Office Tower. The City’s participation was contingent upon Tivest Holdings, LLC being able to confirm that the STOP Organization was committed to the project. Given this new development, the administration has advised City Council that the City can not move forward with this project and Council concurs.
All I can say is wow.
At least we got out before we were on the hook.
WHAT!!!! You mean Tivest paid all those taxes at the last minute for NOTHING?
What about the campaign contributions?
Wait a minute. No putting the Norfolk taxpayers at risk with the rent guarantee? The threat to Norfolk’s citizens got “STOP”ped? Don’t get your hopes up, but maybe Norfolk has a chance. Chickens came home to roost and somebody laid an egg.