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Memo in support of Mtn for Entry of Consent Judgment FOR FILING

Memo in support of Mtn for Entry of Consent Judgment FOR FILING

Memo in support of Mtn for Entry of Consent Judgment FOR FILING

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Case 1:10-cv-00210-PLM Doc #135 Filed 07/26/11 Page 3 <strong>of</strong> 20 Page ID#1756that closed <strong>in</strong> May and June <strong>of</strong> 2006, respectively. 2 Pla<strong>in</strong>tiff also purchasedadditional acreage adjacent to that portion <strong>of</strong> the Denison Property ly<strong>in</strong>g north <strong>of</strong>the Kalamazoo River channel. The Denison Property north <strong>of</strong> the channel and theadjacent parcels are referenced as the Subject Property and are depicted on ExhibitA to the <strong>Consent</strong> <strong>Judgment</strong>. The Subject Property consists <strong>of</strong> 20 separate parcelsencompass<strong>in</strong>g 307 acres, stretch<strong>in</strong>g from the Lake Michigan shore on the west tothe Blue Star Highway on the east.The Broward Industrial Site on the Denison PropertyIn connection with its purchase <strong>of</strong> the Subject Property, Pla<strong>in</strong>tiff was assigned alease and became the landlord <strong>of</strong> an <strong>in</strong>dustrial tenant that occupied a portion <strong>of</strong> theSubject Property. S<strong>in</strong>ce the late-1970s, a company known as Broward Mar<strong>in</strong>e (or itssuccessors) operated a boat build<strong>in</strong>g and repair factory on a parcel along the northbank <strong>of</strong> the Kalamazoo River. In 2009, Pla<strong>in</strong>tiff obta<strong>in</strong>ed possession <strong>of</strong> the <strong>for</strong>merfactory. Although Pla<strong>in</strong>tiff could have cont<strong>in</strong>ued this preexist<strong>in</strong>g <strong>in</strong>dustrial use,Pla<strong>in</strong>tiff <strong>in</strong>stead began preparations <strong>for</strong> a more suitable residential and recreationaluse <strong>of</strong> the land by remov<strong>in</strong>g the factory and remediat<strong>in</strong>g the factory site <strong>in</strong>accordance with a permit with attached specifications from Michigan’s Department<strong>of</strong> Environmental Quality. Pla<strong>in</strong>tiff’s expenditures <strong>in</strong> connection with obta<strong>in</strong><strong>in</strong>gpossession from the tenant and remediat<strong>in</strong>g the site exceed a quarter <strong>of</strong> a million2As part <strong>of</strong> the transaction, a 10-acre parcel on the north side <strong>of</strong> the Kalamazoo Riverwas carved out, and a Denison family member owns a home on that site. Pla<strong>in</strong>tiffsubsequently conveyed all <strong>of</strong> the Denison Property ly<strong>in</strong>g south <strong>of</strong> the river channel to TheLand Conservancy <strong>of</strong> West Michigan.3

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