WISCASSET
The Maine Supreme Judicial Court on Tuesday upheld a decision by a lower court that ruled the owners of Mason Station must pay the town of Wiscasset nearly $850,000 in back property taxes.
The court affirmed a February 2013 decision by a Lincoln County Superior Court justice against Greenwich, Conn.-based developer National RE/Source, which purchased the 33- acre property in 2004 from Florida Power & Light but failed to fully develop it.
Doing business as Point East Maritime Village, developers planned a marina, condominiums, private homes, a hotel/conference
Never developed
DOING BUSINESS as Point East Maritime Village, developers planned a marina, condominiums, private homes, a hotel/conference center and other retail and restaurant space on the Birch Point peninsula. Developers obtained approval to build 12 homes and built a road and two spec houses before losing their partner.
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