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Published on BlountViews (http://www.blountviews.com)

Great Deal! - just not for the citizens

By Dumping Ground
Created 01/16/2008 - 15:52
http://www.thedailytimes.com/article/20080116/NEWS/35452526 The County Commission needs to take a hard look at this deal. I would like to think we had this parcel nationally advertised or at least entertained other bids. Or were other potential buyers even aware of this property? Here is what I've gleaned from 10 minutes work on the internet: Offered at $924,885.00 per acre http://public.kaarmls.com/property/view.asp?MLSID=580970&srURL=%2Fproperty%2FsearchResults%2Easp%3FAreaID%3D28%26pt%3D4%26SubAreaID%3D281& Offered at $809,866.00 per acre http://public.kaarmls.com/property/view.asp?MLSID=537686&srURL=%2Fproperty%2FsearchResults%2Easp%3FAreaID%3D28%26pt%3D4%26SubAreaID%3D281& Offered at $665,000.00 per acre http://public.kaarmls.com/property/view.asp?MLSID=587427&srURL=%2Fproperty%2FsearchResults%2Easp%3FAreaID%3D28%26pt%3D4%26SubAreaID%3D281%26K%5FACR%3D1& The per acreage amount the County is willing to settle for on behalf of the citizens; 17 acres at $3million equaling approx $176,470.00 an acre. Could it be the traffic count? Well, per TDOT numbers for 2006, the HWY 411 South location gets 15,910 while the HWY 129 - Louisville Rd intersection gets 42,992 vehicles a day. More than double. Once again where Bennett and numbers intersect - things don't add up. Maybe Bennett can get his cult together so they can suspend the rules in effort to proclaim him; Twinkie King - Earle of Dealmakery! All hail the King! Maybe some developer(s) on the CC will take another look at this deal. We are getting suckered again people - take that to the bank. Can you guess which bank?

Source URL:
http://www.blountviews.com/node/490