Abby sues mall owner for $150,000



A DYING MALL - After Shopko and the Aspirus FastCare clinic both closed earlier this year, the East Town Mall has been left with just a few remaining tenants.

The city of Abbotsford has filed a lawsuit against the owner of East Town Mall, seeking a minimum of $150,000 for allegedly defaulting on a 2010 agreement that was meant to spur new developments at the retail center.
According to a civil complaint filed Sept. 4 in Marathon County Circuit Court by city attorney Alyson Dieckman, the city believes that mall owner Lon Waldinger and his company, Chelt Development, are in breach of a developer’s agreement signed in January 2010.
As part of that agreement, the city obtained a $100,000 loan from the state of Wisconsin and provided the money to Waldinger so he could make several improvements at the mall.

To read the rest of this story pick up the Sept. 18 issue of The Tribune-Phonograph; or subscribe online at http://centralwinews.com/eedition/

Contact CW Media

The Star News: 715-748-2626
Tribune Phonograph: 715-223-2342
The Record Review: 715-223-2342
Tribune Record Gleaner: 715-255-8531
Courier Sentinel: 715-861-4414

Comment Here