By the April 17, 2025 meeting, a board member said he had received no updates on Project Hill and felt the deal had died.
Development authority extends Project Hill due diligence period, then amends earnest money terms
The Habersham County Development Authority pushed back its review of a prospective property deal before later changing the contract's earnest money terms, and by April a board member said he had heard nothing further.
April 17, 2025: Status of Project Hill prospect
No next step has been documented.
At a glance
What this means now
The story
On January 9, 2025, the Habersham County Development Authority voted 6-0 to approve a 10-day due diligence period for the Project Hill property, running until January 16, 2025. The same day, the authority also voted 6-0 to extend the due diligence period an additional 60 days from January 17, 2025.
At a special called meeting on January 22, 2025, the authority voted 6-0 to amend the contract, changing earnest money terms.
By the April 17, 2025 meeting, a board member said he had received no updates on Project Hill and felt the deal had died.
What happened
How this issue got here
Open any step for its supporting record. A proposal remains labeled as proposed until later evidence establishes an outcome.
DiscusseddiscussedStatus of Project Hill prospect
he has teceived
no updates on Project Hill, so he feels like that deal has died.
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Status of Project Hill prospect
he has teceived no updates on Project Hill, so he feels like that deal has died.
AmendedconfirmedAmendment to contract with Project Hill on earnest money terms
Motion by Jeff Bruns, seconded by Mike Franklin, and voted unanimously (6-0) to amend the contract
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Amendment to contract with Project Hill on earnest money terms
Motion by Jeff Bruns, seconded by Mike Franklin, and voted unanimously (6-0) to amend the contract
Approvedconfirmed60-day due diligence extension for Project Hill property
to extend the due diligence
period for Project Hill for an additional 60 days from January 17, 2025
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60-day due diligence extension for Project Hill property
to extend the due diligence period for Project Hill for an additional 60 days from January 17, 2025
Approvedconfirmed10-day due diligence period approval for Project Hill property
to approve the 10-day
due diligence period for Project Hill until January 16, 2025.
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10-day due diligence period approval for Project Hill property
to approve the 10-day due diligence period for Project Hill until January 16, 2025.
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