"Sheila Has a Budget, Too"

A condo site goes up for auction.

by Judy McGovern

posted 9/20/2010

County treasurer Catherine McClary is trying to interest investors in a 218-condo site in Pittsfield Township, off Michigan Avenue near US-23. The second phase of Wellesley Gardens would be a turnkey project, she says: the permits have already been OK'd and in some cases building foundations are in. So why is the treasurer involved? According to McClary, developer Jeffrey Brown "disappeared" and the bank involved in the project was taken over by the FDIC--which let it go into tax foreclosure. ("Sheila has a budget, too," McClary quips,

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