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TexasTowelie

(117,050 posts)
Sun Apr 22, 2018, 05:28 AM Apr 2018

Landlords won't get paid despite Alaska Legislature walking away from building lease, judge rules

JUNEAU — A judge has rejected a $37 million damages claim by the former landlords of the Alaska Legislature's abandoned Anchorage office building.

Anchorage Superior Court Judge Mark Rindner, in an April 6 decision, denied the appeal from landlords Mark Pfeffer and Bob Acree.

They had appealed an earlier rejection of their claim by a committee of legislative leaders, the Legislative Council.

The claim came after lawmakers decided to terminate their lease for the downtown building, on West Fourth Avenue, by not setting aside money to pay for it. The lease included a "non-appropriations clause," which allowed the Legislature to back out if it failed to include the necessary cash in the state spending plan.

Read more: https://www.adn.com/politics/alaska-legislature/2018/04/16/landlords-wont-get-paid-despite-alaska-legislature-walking-away-from-building-lease-judge-rules/

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