Should Cordish really have declined to turn in records on its Sports and Social Club project?
Louisville developer and activist Chris Thieneman is threatening a lawsuit against Louisville-Jefferson County Metro Government over a $950,000 forgivable loan given to The Cordish Cos., the Baltimore-based developer of Fourth Street Live. Thieneman told media and a small group of supporters today that he will wait a few days to file the suit in the hopes that Kentucky Attorney General Jack Conway soon will issue his long-sought opinion on the controversial use of taxpayer money. Thieneman said during a news conference at Fourth Street Live that Louisville Metro Councilman Hal Heiner asked him to wait before filing. A draft of the lawsuit was provided to the media. Defendants named in the draft are Louisville Metro Mayor Jerry Abramson; Bruce Traughber, director of the city’s economic development department; Michael Norman, the city’s chief audit executive; and Dee Allen of the city’s office of management and budget. The suit would ask Jefferson Circuit Court to determine whether the m
$950,000 was spent to build the structure known as the Sports and Social Club. Unfortunately, Cordish is withholding records that would show its progress as well as various other factors. Perhaps those records should have been turned in. Sources: Bizjournals.
