Terramar Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

If you're able to go above and beyond to help us during this important time, please consider making an additional financial contribution. Click here to contribute. GVR's new CEO Scott Somers told the Board of Directors on Wednesday that a deal concerning the Canoa Hills Clubhouse parking lot is close, and the organization is leaning toward purchasing it. "I prepared a term sheet, pretty simple terms, I think they're fairly favorable, frankly, to GVR," he said. Somers anticipated the GVR Foundation would hear and consider approving the terms during its Feb. 10 meeting. "Assuming they are goi...

If you're able to go above and beyond to help us during this important time, please consider making an additional financial contribution. Click here to contribute. GVR directors stuck to their guns Tuesday on whether they struck a good deal with the purchase of a former golf course clubhouse earlier this year. In a special meeting they also voted to kill an investigative committee looking into who leaked information to the media during the search for a new CEO.  Green Valley Recreation's special meeting didn't add anything new to the fuss over the purchase of the former Canoa Hills clubh...

An appraisal of the property indicates the organization may have overpaid by $120,000 and lost out on a great deal for another property it needed.