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Tuesday, Mar 19, 2024
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CCDC Hiring Outside Attorney to Investigate Contract

The Centre City Development Corp. board of directors will hire outside legal counsel to investigate a contract awarded by CCDC to a developer with ties to the CCDC’s former director.

Board Chairman Fred Maas announced the move on July 25, a day after CCDC President and Chief Operating Officer Nancy Graham resigned for what she said were personal reasons.

Questions have swirled around Graham’s ties with Related Cos. of California, which won a contract in March 2007 to build a public-private complex at Seventh & Market streets.

Graham, a former mayor and redevelopment official of West Palm Beach, Fla., is reputed to have a past relationship with the Florida branch of Related Cos., which did business with the city.

The board intended to revisit the downtown project at its regular July 30 meeting, but Maas said the situation called for more aggressive action.

“In light of the speculation surrounding this development, I have made the decision to retain outside legal counsel for the board to conduct a thorough fact-finding and chronological assessment of the circumstances and details surrounding the selection process,” Maas said.

“As it relates to the resignation of our president, at the July 30 meeting, the board will formally address the process for finding a successor to Nancy Graham.”

, Ned Randolph

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