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City's Property Acquisition/Disposition Policies?? |
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Nelson Self
MUSA Resident Joined: Aug 17 2009 Status: Offline Points: 144 |
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Posted: Aug 03 2010 at 4:54pm |
Much has already and will continue to be said on this blog about the methods that City staff utilizes in the acquisition and/or disposition of HUD-financed properties. In particular, much has been brought to light via revelations about the $2.144 Million NSP-1 grant, so-called Land Banking, etc.
The questions I have are quite simple: 1) does the City of Middletown have City Council approved policies and operational procedures for City staff to follow when they buy and later sell real estate; and 2) are there controls in place to govern expenses incurred by City staff in the purchase, rehabilitation and resale of HUD-financed properties; and, 3) what provisions are in place to regulate the amount of subsidies that City staff may provide via individual real estate transactions.
Attached are some links from 1) Berrien County, Michigan; 2) City of Palm Bay, Florida; 3) Genesee County, Michigan; and 4) City of Little Rock, Arkansas.
According to the following Freddie Mac link, they currently have six (6) foreclosed homes on the market in Middletown that sell for less than $80,000. Consequently, why are Community Revitalization Department staff squandering our tax dollars on homes purchased for up to $130,000? And, why are they purchasing homes that require as much as $90,000 for rehabilitation? After all, isn't it our Federal tax dollars that they are squandering in some instances?
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Nelson Self
MUSA Resident Joined: Aug 17 2009 Status: Offline Points: 144 |
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What a local government that we have ??
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Mike_Presta
MUSA Council Joined: Apr 20 2008 Location: United States Status: Offline Points: 3483 |
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Okay! For all of you wizards out there who think that I am an idiot and out of touch, I beg your help!!! PLEASE help me understand!!! Please explain to me why our city government:
Can someone explain this to me please?
ANYONE???
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“Mulligan said he ... doesn’t believe they necessarily make the return on investment necessary to keep funding them.” …The Middletown Journal, January 30, 2012
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VietVet
MUSA Council Joined: May 15 2008 Status: Offline Points: 7008 |
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Wild guess here........Kohler, Gilleland, Robinette, and others want to control the monies doing it the PAC way so that they can channel the money where they want it and possibly do their "creative, lose the money in other budgets financing" rather than have a private entrepeneur come in with their own financing, leaving the city out of the equation as to the types of businesses they want to see here and the control of developmental monies???
Kohler, Gilleland, Robinette and others want to change the "business climate" of the town, taking it from a blue collar industrial/ manufacturing town to a service, artzy, "more cultural" town- (unbelievable knowing the demograhics of this town by the way- this town is about as non-cultural as it gets, yet they insist on force-fitting the concept) The puzzling thing to me is that on one hand, they want to create a "cultural zone" in the downtown area- BUT, at the same time, they are trying their best to make this town as noncultured as they can by inundating it with the Section 8 attraction of low income.?????? Very confusing logic. It' all about bringing fed revenue to town as opposed to job creation for revenue. Apparently, job creation takes too much time and effort for Robinette and company. Easier to offer the city as a prostitute for revenue generating, town destroying fed money programs that no on else wants in their city. Just guessing what is going through their .......well......minds? ( the minds word is up for debate) .... and what the object of their "control everything mentality" is. |
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Hermes
Prominent MUSA Citizen Joined: May 19 2009 Location: Middletown Status: Offline Points: 1637 |
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A guess would be that no legitimate business is going to "pay the piper" to come to Middle-ville.
Another guess would be that several "hands are in the cookie jar" so by inviting smaller and nonchalant type business to town they won't get their hands smacked and everything remains under the radar.
In my pessimistic view there is no other reason for the operational misconduct of city leaders who continue to paint smiley faces on everything they do. It has to be one of two reasons.....1. They are all complete and total idiots......2. One,maybe two or more are enjoying the fruits of their "illegal conduct" by misappropriation of funds,illegal kick-backs or outright embezzlement.
If anyone has a better explanation for why and how this city is run I'd love to hear it.
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No more democrats no more republicans,vote Constitution Party !!
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