San Diego sued for $25 million over park dispute - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

San Diego sued for $25 million over park dispute

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SAN DIEGO (AP) - A bankrupt businessman is suing San Diego for $25 million following a dispute over an amusement park in Mission Beach.

The San Diego Union-Tribune says Tom Lochtefeld filed the fraud and breach-of-contract suit Monday in Superior Court.

The city asked Lochtefeld to take over the struggling Belmont Park in 2000. He leased it, invested heavily and helped revive it.

The relationship soured after the city rejected Lochtefeld's plan to make the park economically viable by building a hotel and water attractions. The city said he violated the lease and pulled his rent subsidies.

Lochtefeld filed for bankruptcy, lost the lease and the park currently is in receivership.

City attorney's spokesman Jonathan Heller says the suit is without merit and the city will seek its dismissal.

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Information from: The San Diego Union-Tribune

 

Copyright 2011 The Associated Press.

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