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Seven Falls landowners push mediation over $5.5 million
Henderson County handed the $6 million surety bond proceeds to a court after abandoning efforts to salvage the Seven Falls Golf River Development. Judge Mark Powell granted relief from further county responsibility as developers and lenders faced heavy infrastructure costs and no profitable path. Lot owners, many paying a quarter million or more, explore partial payments from the $5.5 million pool while seeking new development plans and funds.
MENTIONED IN THIS ARTICLE
Lightning
Seven Falls
Henderson County
Mark Powell
Seven Falls Golf & River
Keith Vinson
Vinson
French Broad River
Etowah