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Developer financial concerns at Ottawa Drive

Troy

Summary

Marcia Bossenberger told the council developer Gary Abitharia (GFA Alpine Meadows) paid only the bare minimum in 2023 property taxes on Ottawa Drive parcels to avoid foreclosure. The city attorney said the city is watching and would need court action if a project collapsed mid-construction.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Apr 6, 2026.

Impact analysis

💰Financial impact

A developer default mid-construction could leave the neighborhood with an unfinished project and cost the city legal action to fix.

✅Who benefits

Ottawa Drive residents get city attention and monitoring of the developer's finances.

⚠️Who could be affected

Neighbors near Ottawa Drive bear the risk if the developer's finances collapse mid-project.

Mentions & discussions (1)

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