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Council approves $200,000 settlement in La Hacienda mobile-home park bankruptcy to complete sale to Self-Help Enterprises
Summary
In closed session the council approved a $200,000 settlement to resolve disputes in the Chapter 11 bankruptcy of La Hacienda Mobile Estates LLC and enable sale of the park to Self-Help Enterprises, as directed by the bankruptcy court.
The City Council reported that in closed session on June 12 it approved a settlement to resolve outstanding claims tied to the Chapter 11 bankruptcy of La Hacienda Mobile Estates LLC and to enable the sale of the mobile-home park to Self-Help Enterprises. The settlement will be paid to the Chapter 11 trustee to finalize conveyance.
Details of action:…
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