Texoma developer has ‘completely failed’ Oklahoma lawsuit claims

The Oklahoma Commissioners of the Land Office filed suit against Pointe Vista Development LLC seeking to force the developer to build a promised four-star hotel on Lake Texoma or sell the associated land back to the state of Oklahoma.

A state agency claims in a lawsuit it filed against Pointe Vista Development LLC that the developer “completely failed” in its efforts to build a four-star hotel on Lake Texoma and should be forced to move ahead with the project or sell the former state park land back to Oklahoma.

In a statement, Gov. Mary Fallin’s spokesman said that she and the other members of The Commissioners of the Land Office felt that taking legal action was the only option they had left.

“The legal action they took will move the Pointe Vista issue off high-center and closer to a solution that leads to economic development and allows the state and local residents to fully utilize the area’s natural resources and beauty,” Alex Weintz, a spokesman for Fallin said. “The governor still believes the Lake Texoma property has great potential for tourism and job creation for southern Oklahoma.”

Chickasaw Pointe Golf Course and a nearby marina are two of the properties purchased by Pointe Vista that are open. Plans were to modify Chickasaw Pointe and possibly add a second course if the resort took off.

Read the full story in The Oklahoman HERE
 

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