City, Developer to Go to Mat

Even the longest-running contractual relationships can go sour, as evidenced by a soap opera going on in West Covina, California, where a real estate developer and car dealer’s 25-year “partnership” with the city has turned south.

The city council has declared Zaid Alhassen in breach of contract over projects funded by some $13 million in city loans and incentives.  One of the projects in dispute is a new Hummer dealership (left), partly financed with $3.5 million in city incentives.

[Frank Snyder]