The DDN has kept
this story on plutocrat crony developer on the front page for days.
"The land bank is funded with $1.3 million in annual delinquent tax fees."
What does that mean? How do you fund something with money you don't collect?
"It’s been working with Heitz to identify and walk the properties through the legal entanglements to get them back on the market."
So government creates legal entanglements and tax delinquencies to keep people from buying properties, then it seizes them and gives them to crony developers. It's nice to be the king.
"Heitz has been the land bank’s major mover on the industrial/commercial
side of the program. He also works closely with city of Dayton
officials, who vetted his company, Rice said."
I wonder how much he kicks back to them.
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