It is true that Madison signed a deed transferring Polar Park land to the City of Worcester and it has been recorded. So we own it, right??
NO!!
Maybe in name only, but we would not consider it a clear title.
Why???
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Until the LFB (Left Field Building) site is conveyed to Madison, then and only then will we truly own the land (WG North). That will not happen until an LDA (Land Disposition Agreement) is agreed upon and signed.
As of today the LDA has not been finalized.
*** two months ago it was suppose to be done any day??? ***
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If the City and Madison can not come to an agreement, Madison can "unilaterally" record a deed transferring the ballpark land back to themselves!!!
Remember the escrow deed.....
We do not have clear title to the land...
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