Reston Spring

Reston Spring
Reston Spring

Friday, December 16, 2016

Independent Review of Reston's Lake House Questioned, Reston Connection, December 14, 2016

The Reston Connection has a good article on the continuing saga of the Tetra review contract negotiation in its latest edition.  Here's how it begins:
The Reston Association Board of Directors met on Dec. 7 to discuss contract issues with the company that was selected to review the association’s handling of the Lake House, a property acquisition and renovation that went over budget and has yielded revenue shortfalls ever since it was purchased in July 2015 for $2.6 million.
"We are trying to get this done as soon as possible,” says Sridhar Ganesan, CEO of MediaWorld Ventures, LLC and president of the Reston Citizens Association.
His company agreed to conduct the review for a $1 fee and was selected in September by a special committee that solicited and screened proposals for the RA. The contract is still being negotiated two-and-a-half months later. . . .
Click here to read the rest of this article,

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