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An unresolved $300,000 payment promised to the developer of the downtown Cole apartments by former Columbus officials is taking a step toward resolution.
Columbus Mayor Kristen Brown and other city officials are planning a face-to-face meeting next week in Columbus with the attorney for Buckingham Companies.
The $300,000 was an oral agreement, Brown said, made by former Columbus Redevelopment Commission Executive Director Ed Curtin, former CRC President Tom Vujovich and former CRC and Columbus Downtown Inc. attorney Terry Coriden. Brown said at Wednesday's redevelopment commission meeting that former CDI president John Burnett told her Curtin, Vujovich and Coriden promised Buckingham the money to pay for architectural fees, a key to finalizing the deal.
Two documents signed by CDI members, one in 2009 and the other in 2011, describe a $300,000 payment to Indianapolis-based Buckingham, which is working to finish the $18 million apartment complex at 200 Jackson St. The apartments wrap around the Second Street garage.
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