The Wheaton Property
The Wheaton property has been in disrepair for years sitting at the entranceway to the city of Millville. It has long been the first impression to anyone entering the city. The owners, GGI, had not paid the taxes for years owing the city hundreds of thousands of dollars. GGI also blocked the environmental cleanup of the property. Jim Parent and Jim Quinn were Directors of Revenue and Finance for much of that time but chose to do nothing about the problem or the unpaid taxes. When the City got a new Director of Revenue and Finance, the city began foreclosure proceedings in an effort to do something about this eyesore and financial albatross. In response to the foreclosure, GGI declared bankruptcy and the bankruptcy judge has decided the property should be returned to GGI. What does this mean for the city of Millville? The city is now once again at the mercy of GGI to do what it wants with the property. Will the City press GGI to pay its...