While Lhere Artepe remains tight-lipped about the Mt Johns development, an industry source says the subdivision is "at practical completion now".
It is entering the phase when service authorities – mostly the Power and Water Corporation and the Town Council – are carrying out final testing.
The source says the services such as power, water, sewage, roads and drains are ultimately taken over by these authorities who then guarantee their adequacy.
Once they are ticked off titles can be issued.
The source says it is normal for some deficiencies to be discovered in this process: this was the case with Stirling Heights and the Golf Course Estate, for example. These deficiencies are fixed prior to the issue of titles.
LAE Nominees Pty Ltd – an entity linked to the native title organisation Lhere Artepe – is the majority shareholder in the now defunct CDE Civil Pty Ltd, as well as the holder of the development lease, granted by the government, at Mt Johns Valley. They are two separate entities.
Meanwhile the CDE Civil website, alive earlier this week, comes up with the message "account suspended".
POSTING WEDNESDAY AFTERNOON
CDE Civil Pty Ltd, which is linked to the Native Title organisation Lhere Artepe, owed $2.5m to 56 creditors when it was put into liquidation on Friday last week. Alice Springs News Online learned this from a reliable source today. The company was involved in the still unfinished Mt Johns residential estate which followed a native title deal between the NT Government and Lhere Artepe. According to our source, the list of creditors is headed by the Tax Department ($1.6m), a pipe laying company, a plumber and an electrician. A local clinic is owed $200.