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To: map
The vast majority of the land in question was owned by the City of Arlington. It was the State of Texas that granted eminent domain power to the Arlington Sports Facilities Development Authority. As for the remainder of the land (approx. 13 acres), a dispute was incurred because the authority low-bid the compensation for the property, offering $820,000. The landowners took it to court, asking for $2.85 mil. The plaintiffs won - the judge ordered compensation of $4.98 million. This is how eminent domain works.

The City of Arlington also sued, and lost.

Bush had no involvement.

62 posted on 02/07/2016 3:10:25 PM PST by Hoodat (Article 4, Section 4)
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To: Hoodat

“Bush had no involvement.”

I see.

W was an innocent bystander who profited to the tune of multi-millions from a $600,000 investment in a ballpark, by the grace of Ann Richard’s proclamation of eminent domain (public use?) for the benefit of the local business environment and the public welfare.

You and I should be so fortunate, that our city and state would make us millionaires for a relatively small investment, by voting tax increases on our behalf and declaring our private enterprises worthy of the confiscation of private property for sale to the bottomless pockets of tax-happy governments.

I don’t have such business connections and friends in high places. Do you?

GWB and co. took the taxpayers for a ride that any wealthy entrepreneur would envy, and is laughing all the way to the bank.

By the way, I voted for him twice and defended him more than he defended himself.

But as they say, “That’s business”.


75 posted on 02/07/2016 7:09:49 PM PST by map
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