Newspaper Archive of
Chester Progressive
Chester , California
December 30, 2009     Chester Progressive
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December 30, 2009

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14A Wednesday, Dec. 30, 2009 Chester Progressive, Westwood PjnePress Sam Williams News Editor swilliams@lasse Craig Settlemire, Lassen County counsel, presented a memorandum to the Lassen County supervisors Tuesday, Dec. 15, describing the lengthy and complicated process the new owners had gone through to acquire the Dyer Mountain property-- the site of a proposed 6,700- acre, four-season resort near Westwood. Now that the bankruptcy proceedings by the project's previous owners have been completed, a lawsuit challeng. ing the project may move for- ward. According to Settlemire's memorandum, Lassen Coun- ty and Dyer Mountain Asso- ciates entered into a mitiga- tion/development agree- ment Nov. 20, 2007. The in Lassen County Board of Su- pervisors subsequently ap- proved the development agreement. Shortly after the board's approval of the development agreement, Mountain Mead- ows Conservancy, the Sierra Club and Sierra Watch filed a lawsuit in Lassen Superi- or Court against Lassen County, the Lassen County Board of Supervisors and Dyer Mountain Associates challenging the agreement, the parcel map and the associated environmental impact report. In 2008, DMA filed a peti- tion in federal bankruptcy court. As a result, state court litigation and foreclosure pro- ceedings by creditors were stayed. One of the creditors, Dyer Holdings, Inc., obtained relief from the bankruptcy stay, foreclosed on a deed of trust ru and became the owner of the project's real property Sept. 12, 2008. Dyer Holdings transferred its ownership and interest in the property to Dyer Manage: merit, LLC March 30, 2009. The board of supervisors approved Dyer Management's assumptions of the rights and obligations of the develop- ment agreement Dec. 15. "When approved by both parties," Settlemire wrote, "Dyer Management will, in ef- fect, 'step into the shoes' of the original developer, receiv- ing all the rights and under- taking all the responsibilities in regard to the project. "You will notice, however, that because of the effect of the bankruptcy stay delaying the project and the litigation concerning the project, some of the timelines provided by the developer agreement have been adjusted." ! j -3 ,~ UP TO LIMITED TO STOCK ON HAND. SUBJECT TO PRIOR SALE. COMPLETE t2 PC. LMNG ROOM GROUP set includes a sofa, love seat, 3 tables, 2 lamps, designer rug and accessory groupl Reg. 1427. - -. |Arm, ml. " " "" 788 o o I - =Avm, e,. - .818. - =. -1068. includes rug on o 648 o o O 2 PC. SECTIONAL Includes recliners in both ends. Reg. 1259. PLUSH, 15 YR WARRANTY PULL SET ....... =av',so. 499 " ~1) OummN ....... m,~v. ,o. ~,,/,,,. -S49. ..... ="'= =- - 639 ....... ==AlVa SO ee 6 MONTHS CRED!T IS ' ii AVAILABLE ===:~ DELIVERY IS ALSO FREE IN MOST OF & PLUMAS COUNTIESl, !/ 2830 MAllei STREET, SUSANVILLE 257-7788 CA uc 852e