An initial agreement between Chase Gardaphe and the Lamesa Economic Alliance Project board specified that the installation of water and sewer lines should be underway by April 30 on property planned for development as a manufactured housing community.
If that commencement deadline was not met, the agreement stated, LEAP had the option to buy back the property it had sold to Gardaphe.
But, during a joint meeting of the Lamesa Economic Development Corporation and LEAP boards on Monday evening, the board members chose not to take any action in regard to that commencement deadline.
“We have the option, but are not required to ...