1.2 million dollar tax payers property for 30K

 It is unbelievable what the city is doing with tax payers money.  This time it looks like the city is considering lease optioning 7 acres to the CoOp for 0 per year and will give them an option to buy 17 acres of tax payers property for 30K. NICE PRICE! Maybe I can buy it for K.
I have the feeling that since there are not many large tracts of land left in the city that 17 acres may sell at auction for a quite a few hundred thousand. The tax assessed value is $561,700 which they recently lowered it which is strange. Last year the tax assessed value was $1,232,500.00. That looks like a good property for me to buy for
$35K and hold so I can get a million and a half for it in a few years.
I’ll pay cash and they don’t have to hold it for an option. Tell you what. I’ll be generous and pay 100K for it. That’s my official offer. Its a far better deal for the tax payer if I buy it.
If they accept this offer from the CoOp I will be left wondering who is scratching who’s back.
Dallas Powell
Roanoke

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