Feds: Developers must repair roads in Van Buren community
SPENCER, TN (AP) - A federal agency has ordered that developers must repair roads in the Hawks Bluff community on the Cumberland Plateau after making misrepresentations about them to potential buyers.
The U.S. Consumer Financial Protection Bureau announced the action against International Land Consultants Inc. on Friday, saying that developers falsely claimed between 2004 and 2008 that they would maintain roads until they were taken over by the government of Van Buren County.
But the agency found that the roads were not maintained, and that they were not taken over by the county.
The company has been ordered to repair roads in the development to the federal agency's satisfaction and consistent with an engineering report prepared by an independent consultant. The company and officers have admitted liability for their conduct.
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