Michael D. Hastings

Michael Hastings, Managing Director, Marsh

It was more than an hour into the session, during which the loan's history and Housing and Urban Development Department procedures regarding the disposition of loan funds were reviewed, that Corporation Counsel Robert Going discussed a Monday meeting attended by himself, Mayor Joseph Emanuele, Urban Renewal grant administrator Nicholas Zabawsky, developer Michael Hastings and Hastings' attorney, Douglas Landon at which assembling the necessary documentation was at issue.
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Going called Hastings "exceptionally forthright" and said he had been "very cooperative" with city officials, having already rounded up many of the records sought by the council committee in its probe."He indicated he stood ready to work with the city to resolve this to everyone's satisfaction," said Going, adding that even more papers had been brought, by Hastings, to City Hall on Tuesday."[Hastings] also said he had ordered copies of canceled checks," said Going, adding that Hastings had gone to the shuttered restaurant itself Tuesday and retrieved additional records, which had been turned over to the city Controller's office for tabulation.
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"Lo and behold, we were able to recover a considerable amount of the documentation needed and we were able to discuss [Hastings'] bankruptcy litigation and other minor details about the issue."I think the good news tonight is that we're on the verge of a resolution.I have complete confidence in Mr. Hastings, who has shown a lot of understanding and I look forward to resolving HUD's request," he said.

The inquest was prompted by a U.S. Department of Housing and Urban Development Inspector General's audit report that was critical of the city's oversight of the 2002 loan to Milltown Development and the issuance of the funds to developer Michael Hastings without proper invoices."They still haven't compiled all of the receipts and the checks and when they do we'll sit down and look at them and see what to do, if there is anything to do, next," said 3rd Ward Alderman and committee chairman Vincenzo "Jim" Nicosia Thursday night.Corporation Counsel Robert Going reportedly told one council member Thursday that about 80 percent of the expenditures on the Cliffside project had been accounted for.Nicosia, however, said he was not aware of that estimate.

Michael D. Hastings, Senior Vice President, Marsh USA Inc., Atlanta, GA

Michael Hastings, Senior Vice President, Global Construction Practice, Marsh

Michael Hastings, National Practice Leader, Marsh

Mike Hastings, Sr. Vice President, Marsh

Michael D. Hastings, Senior VPMarsh USA Inc.
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Michael D. Hastings, Senior Vice President and a National Wrap-Up Practice Leader at Marsh USA Inc., has served as broker,consultant and client executive for contractors, developers,property management firms, and state and regional transitagencies, and has designed, placed, and managed project-specificinsurance, including owner and contractor-controlled programs.

Michael D. Hastings, Senior VPMarsh USA Inc.
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Michael D. Hastings is a Senior Vice President in the Global Construction Practice at Marsh USA Inc.He joined Marsh as a broker in 1994, and has served as broker and client executive for clients including civil and commercial contractors, developers, and a property management company.He has designed, marketed, and managed owner and contractor controlled insurance programs on commercial and civil projects.