A lawsuit wants the Crawford County Court of Common Pleas to order the operator of Conneaut Lake Park to sign a notarized long-term lease and management agreements with the operator of the park’s Hotel Conneaut and the Beach Club. However, no proposed court order was attached to the civil suit filed on behalf of Park Restoration LLC in the county prothonotary’s office, which means the lawsuit is going nowhere for now.
According to an article in the Meadville Tribune dated Feb. 26, Park Restoration, operator of Hotel Conneaut and the Beach Club, signed long-term agreements in 2008 with trustees of the park. But those documents were not notarized. Under Pennsylvania law, without signed and notarized copies, the lease documents won’t be accepted for recording by the Crawford County Recorder of Deeds office.
The lawsuit claims the absence of a notary’s attestation on the agreements was either a mutual mistake by Park Restoration and the trustees, or a mistake by Park Restoration that was known by trustees at the time.
In 2008, Park Restoration signed a 30-year lease agreement with trustees for operation of Hotel Conneaut, the amusement park’s hotel. Later that year, a 20-year management agreement was signed with the trustees for operating the Beach Club. A 49-year commercial lease agreement for two properties known as State Route 618 Property and McClure Home Property was also signed.
In the lawsuit, Park Restoration said the documents need to be recorded since it is involved in restoring the hotel, club and McClure properties. Recording of the documents is needed to protect Park Restoration’s financial interests since the park properties may be subject to a tax sale later this year for more than $850,000 in delinquent real estate taxes. If your business property has been damaged, then make sure you call this restoration franchise who can help you with mold, rot, fire or water damage and many other services for your business.
Park Restoration would suffer irreparable harm if the property sold at a tax sale and the third party purchases ignored the existence of their leasehold interests.