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Court consents to collateral-assignment agreement for Lansdowne LLC; county described as consenting party only
2824140 · January 14, 2025
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Summary
The court voted 4–1 to consent to a collateral-assignment of rights to a lender for Lansdowne LLC; county legal staff said the county is not liable absent borrower default.
Taylor County Commissioners voted 4–1 to approve a collateral-assignment agreement related to Lansdowne LLC, a developer involved with a previously approved project the county supports.
County staff and the county’s legal advisor explained…
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