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is a sham or straw corporation acting as a de facto urban renewal agency that has not been properly created.
500. According to an affidavit filed by Assistant City Attorney Erek Sittig
a Chicago-based investment corporation
Ltd (GCAC) is a corporation dedicated to the advancement of private aviation.
suggested the use of the North Liberty Area Development Corporation to funnel the funds to the credit union was not appropriate.
Home
” Sittig explained. “This is not a sham corporation. We didn’t tell them what to put into their articles of incorporation. This is not a corporation that is controlled by the city.”
Submitted by admin on Thu, 02/07/2013 - 2:49pm
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