(KLZA)-- Falls City EDGE Executive Director Lucas Froeschl presented the economic developoment organizations 3rd Quarter report to the Falls City Council Monday night and to Richardson County Commissioners on Wednesday.

Froeschl also provided an update concerning the building in the 1500 block of Stone Street that was previously the location of Portillos Mexican Grill.

Froeschl says there is a Richardson County judgement in an amount of $98,506. EDGE has tried to work with the owners and noted the debt collector on the property is located on the east coast. Froeschl said he is not optimistic about attempts to bring the building back to a productive space.

The building is owned by Jilisco, Inc. dba La Fiesta and Luis Salazar. The plaintiff in the lawsuit is Avernon Capital Group, LLC.