A public records request by the GUARDIAN has revealed the mega development in the hills north of Eagle is behind at least $57,000 in past due payments to the City for various plan reviews, attorney time, and staff time.
We checked and the Eagle has not offered any payment deferrals like Boise has done with downtown developer Gardner. In total the bill owed by M3 is more than $66,000. There is a bill for $9767 which is less than 30 days past due.
M3 has encountered numerous stumbling blocks as it attempts to populate the currently barren foothills with homes and people. Growthophobes have tried to stop the development, most recently when they revealed the state law allowing the “Community Infrastructure Development” was in conflict with the Idaho Constitution. The constitution required all voters to live in the district where they vote–there were no residents to vote to approve the district, so a quick annexation was executed and half a dozen votes were cast to create the district.
If M3 can’t come up with the cash to pay its bills to Eagle, one would question the ability of the developer to create the giant project.
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