The Bluff Worked...Sort Of

Is the City of Vernon "losing face?"
Maybe their noses (first) would be a more appropriate appendage to lose.

Today's story--fast on the heels of Wednesday's publication--reiterates that Stoni's legal counsel informed Stoni that "the developer could no longer rely on the commitments made by the City.  Most of the commitments, said Stoni Consolidated, is(sic) related specifically to permits or city-controlled costs."

Bureaucratic red tape and cancelled commitments by the City of Vernon!

The developer said it would issue deposit refunds to the 46 pre-sale homeowners, and that they would be contacting all homeowners immediately to provide more information and answer specific questions.

Owners' representative Jonathon Campbell said via e-mail two days ago that he did not have a comment for the media.

"Take your refund(s) and run, folks," Kia would've said, adding "By the time the bureaucratic red tape is fixed/minimized by the City, the developer could've built in Armstrong or Kelowna."

Lost face?
The City has definitely lost a future revenue source.
Residents should be furious at the City's stalling and waffling and rule "changes".