Financial terms of Oak Rose apartment lawsuit should be fully disclosed, Elk Grove City Council told
Even though the Oak Rose “settlement in principle” hearing was delayed again during the January 24 Elk Grove City Council meeting, public comment was heard.
Speaking to Mayor Bobbie Singh-Allen and her four city councilmen was Elk Grove resident Lynn Wheat. During her comments, Ms. Wheat urged the mayor and city council to disclose all of the financial details of the impending settlement.
Wheat said that information “should be made public, not held behind some legal mumble jumble.”
The hearing on the Oak Rose project was rescheduled to the Wednesday, February 28, city council meeting. During that meeting, Mayor Bobbie Singh-Allen is expected to announce the settlement of the lawsuit the city is defending by Long Beach, Calif.-based Excelerate Housing, the Oak Rose supportive housing developer.
The city has already said they offered a land swap. The city is willing to give Excelerate two parcels on Elk Grove-Florin Road valued at over $2 million for their Old Town parcel on Elk Grove Boulevard valued at $875,000, along with other financial enticements.
Wheat commented during a public hearing, and the mayor, city council, or city staff could have engaged and responded to the inquiry. Instead, they did not comment on whether they would willingly disclose the taxpayers’ cost for the anticipated settlement.
