A LEADING Fife housing developer has been granted an extension to come up with the £494,000 it owes Fife Council.
The Courier revealed yesterday that the local authority took initial action on Friday to recover £494,000 from Lomond Homes.
The money is outstanding in relation to two legally-binding Section 75 Planning Agreements for developments in Blairhall and Lochgelly.
Sheriff officers were asked on Friday to serve a short form demand requesting payment within 48 hours to avoid the council petitioning the court for the liquidation of the company.
Eileen Rowand, Fife Council’s head of revenue and exchequer services, said: “Lomond Homes asked for an extension to make the outstanding payment to us.
“We have agreed to extend the deadline until 5pm on Wednesday.”
The Courier again contacted the Lomond Group in Glenrothes for comment but no one had responded by the time of going to press.
