VERMILION CO., IL. (ECWd) –
IKEA (the furniture company) and APEX (a wind energy company) failed to make payments to Ambassador Steel Fabrication, LLS from Auburn, Indiana. The failure of IKEA and APEX to make their payments in a timely manner is now causing issues for farmers and other land owners who leased their properties for the project. Below is a link(or click here for names) to the list of names which are found on the documents recorded at the Vermilion County Recorder’s office in Document # 14-09577. This document is a “NOTICE OF SUBCONTRACTORS CLAIM and ILLINOIS MECHANIC’S LIEN CLAIM-LEASEHOLD IMPROVEMENT” For details, please see the lien documents which you can view HERE and HERE.
The lien is for $1.4 million dollars.
If you know somebody on this list, perhaps they would be interested in knowing that their property will have a permanent record of having had this lien filed. Until IKEA/APEX settles this issue and the lien is released, it may be difficult to complete real estate or financial transactions.
A lot of questions arise out of this issue:
–Are ag input loans for fertilizer/seed affected?
–Will real estate transactions such as mortgages, land purchases using existing lien subject property as collateral at risk?
–Will there be legal problems for trustees if the benefactors of the trust learn their land is listed and subjected to a lien collection proceeding?
Before signing agreements to host wind turbines, access roads, or cables, remember that anything can happen. If a wind company fails, does a lien holder have rights to take action against the land owners? This list of landowners (HERE) should probably review their lease agreements to see if they have a protections in place against complications.
3 Comments
windaudacity
Posted at 06:11h, 09 November“Witty”? Cannot be witty about this particular topic ….. industrial wind turbines are harmful to all in their path…human, wildlife, environmental.
My thoughts: “SNAKE OIL SALESMEN MAKE PROMISES NOT COMMITMENTS. LESSONS
LEARNED? ONLY IF SHARED SO OTHERS DO NOT MAKE THE SAME MISTAKE.
DID YOU BELIEVE THE SALESMAN $$$TALK OR DID YOU ASK SOMEONE WHO UNDERSTANDS CONTRACT FINE PRINT TO REVIEW WHATEVER
AGREEMENT YOU SIGNED? CHANCES ARE YOU NEVER WOULD HAVE
SIGNED ON IF YOU HAD LEGAL COUNSEL.
DID YOU BEGGAR YOUR NEIGHBORS OR CONSIDER THEM BEFORE YOU
SIGNED ON? JUSTICE IS BLIND. USUALLY WHAT YOU GIVE YOU GET IN
RETURN.
Tom
Posted at 10:37h, 10 MayServes the greedy B——- who sold out to these parasites for a few pieces of silver right.
anonbob
Posted at 06:40h, 20 Januarywhoops. I bet they didn’t think THAT would happen when the wind farm shills came knocking…