LosGatosObserver.com

Tag: Scotts Valley Sun, March 14, 2010

• Scotts Valley Votes to Foreclose on Target Site

  Jul 02, 2009, by Staff report Business
  

  Plans to bring Target to Scotts Valley hit another snag Wednesday when the town council voted to foreclose the 18-acre property. City Attorney Kirsten Powell informed the council that the development group Title Two still owed $253,000 on the La Madrona Drive property and was not interested in a payment plan. The Santa Cruz Sentinel reports that no one representing Title Two attended the council.

  Target’s development in Scotts Valley has created concerns over traffic and the size of the store harming the character of Scotts Valley.  The city plans to file the paperwork necessary to sell the land if the court approves the move to foreclose the property.