Changes

In July 2007, the developers of Jubilee were hit by five over $5.5 million in liens totaling nearly , which included:<ref name="backontrack">"Jubilee project back on track." ''Pensacola News Journal'', August 29, 2007.</ref>*$3.4 millionfrom Wadsworth Golf Construction Co.*$1. 08 million from Hart Howerton Partners*$388,000 from general contractor Wes Calhoun*$279,000 from engineering firm [[Hatch Mott MacDonald]] The project was put on hold in August to pursue new financing avenues. A spokesperson for the Eagle Group said the company had "decided to cease what they were doing and reassess the current marketplace."<ref name="roadblock"/> Later that month, the investors behind Jubilee, under the name [[2718 Santa Rosa]], took over the project from the Eagle Group and began to address the financial issues. According to 2718 Santa Rosa managing member Barney Ng, "The Eagle Group had a development and purchase option agreement with us. They could not fulfill their contractual obligations. We had to step in and take over the situation."<ref name="backontrack"/>