Landmark Homes and Development Inc. of Reno, one of the largest local homebuilders in northern Nevada, has had its contractors license revoked by the Nevada State Contractors Board.
The board didn't immediately provide detailed reasons for the revocation, although a press release said the agency found that Landmark failed to establish financial responsibility.
Landmark President Jim Bawden didn't respond to phone calls last week seeking comment.
In mid-July the company " which once billed itself as the fastest-growing residential company in the region " found itself in troubled waters with the state board after contractors complained they couldn't get paid by Landmark. The complaints came from Fleet Heating and Air, which said it was owed $135,000; Peninsula Flooring, which claimed it was owed $343,000; and Sierra General Contractors, which said it was owed $70,000.
After a review by the contractors board this summer, Landmark Homes was given a reprieve on suspension of its license as it attempted to negotiate financial settlements with the claimants.
The license was revoked after the board conducted another disciplinary hearing on Nov. 5.
Bawden founded the company in 1984, and the company's Web site said Bawden is the sole owner of Landmark Homes. He worked as chief deputy assessor and general services director for the Carson City government before launching Landmark.
Residential projects by Landmark Home include Mills Landing off Roop Street and Capital Village on Quail Run Drive in Carson City and The Waterford at Dayton Valley and Quillici roads, Dayton.
The company has been seeking to sell its 51,335-square-foot corporate office building at 985 Damonte Ranch Parkway, Reno, for $11.8 million. It's listed with Tom Johnson of Sperry Van Ness Gold Dust Commercial Associates in Carson City.