Fountainhead developers address liens


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Posted Online: Dec. 05, 2012, 6:41 pm
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By Anthony Watt, awatt@qconline.com
Representatives of the group attempting to develop East Moline's former Case-New Holland site said Wednesday they are dealing with several liens filed against it by companies alleging the group owes them money.

In 2010, the River Eagle group — composed of Mike VanDeHeede, Matt Stern, Dan Murphy and state Sen. Mike Jacobs, D-East Moline — bought 132 acres of the site for about $1.5 million with plans to develop it into Fountainhead of the Quad Cities, a mixed business and residential district.

The property liens were filed by Shive-Hattery and Milan-based Mass Custom Hauling, according to records from the Rock Island County Recorder's Office.

Shive-Hattery claimed in its initial lien filing in August and September that River Eagle owed it more than $182,000 for design and development work. A November filing indicated River Eagle had paid $175,000 of what was owed.

Mass Custom Hauling stated in its lien, filed Nov. 14, that River Eagle owed it about $94,800 for removal of concrete, asphalt and metal from the site.

Mr. VanDeHeede and Sen. Jacobs said the issue with Shive-Hattery had been dealt with.

Myron Scheibe, office director and vice president of Shive-Hattery's Moline branch, confirmed Wednesday an agreement had been reached between the two parties, and it was being finalized.He declined to discuss details.

Mr. VanDeHeede said Mass Custom Hauling's case soon would be dismissed but declined to provide further information.



















 



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