I just don’t understand why all these large landholders are selling their land to the State. But I guess they just tax them and regulate them until they can’t hold on to it any longer?
posted on 08/11/2012 7:49:03 AM PDT
Actually, the more I look at this, the more I think this isn't some long suffering poor farmer. This guy owns nearly 5000 acres in this county alone. The two biggest parcels abut land the state already owns.
I think this guy is buying land at rock bottom prices and selling it to the state well above market value. $3 million for 2000 acres seems awfully high when much of it is wetlands
However the real winner is Domino's Farms (Domino's pizza) who is getting $2.275 of taxpayer money for 54 acres.
$2.275M grant will let Washtenaw County buy 54 acres of Domino's Farms land for preservation
I think we're all being ripped off to the tune of some $68 million in state and federal matching funds.
posted on 08/11/2012 8:21:15 AM PDT
(What does it profit a man if he gains the whole world but loses his soul?)
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