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How Ocean City s taxpayers ended up paying $20 million to buy the Klause brothers vacant lots

How Ocean City s taxpayers ended up paying $20 million to buy the Klause brothers vacant lots
inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.

Ocean City settles on Klause property for $20 million

After a lengthy court process, Ocean City Council approved an additional $10 million bond and a settlement with a property owner for a former car dealership that had been slated for residential development. With interest, the total cost is now $20 million.

Ocean City to add $10M to bond for former car lot

Ocean City Council on Thursday introduced a $9.99 million bond ordinance to finance the acquisition of a former car sales lot at 16th Street, close to doubling the amount the city will borrow for the property.

Ocean City to add $10M to bond for former car lot

Ocean City to add $10M to bond for former car lot
pressofatlanticcity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressofatlanticcity.com Daily Mail and Mail on Sunday newspapers.

Future of Klause property deal discussed during OC meeting

On Monday, Ocean City Council discussed a potential settlement with Klause Enterprises for a property on 16th Street that once housed a car dealership.

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