Aspen Heights offers more money to Regency residents

Tuesday, November 15, 2011 | 8:27 p.m. CST; updated 9:33 p.m. CST, Tuesday, November 15, 2011

COLUMBIA — Most of the estimated 60 residents of Columbia Regency mobile home park gathered in the park club house on Tuesday and signed papers saying they support the rezoning of the property so it can be used to build student apartments.  In exchange, they will receive $500.

Charlie Vatterott, executive vice president of development for Aspen Heights offered the incentive to the residents and announced that if Aspen Heights takes over the property, the company will provide $1,800 to the owner of each single-wide trailer and $3,000 to owners of double-wide trailers.  

He also promised to give the residents until the end of April for residents to move out and May 31 for families with school-age children.

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