Thanks, Don, but I'll handle it.
quick impressions--
Generally speaking, it would be helpful for everyone to know what the process is. It is a part of the TIF function / process that is being examined right now. Of course, my experience was not an actual ED proceeding, and it would be misleading to indicate that it was. I did not want to sell at that time and the village, I thought/think, did not want to buy unilaterally. This is before a tif was going on. They just drew a circle on my house, I believed in crayon, in the TOD study.
BUT it does provide some insight into the process of the municipality retaining a certified appraiser, getting SOME number, a number a property owner needs to take, officially. Anything else is up to you or your advocate, I guess. I got this info from the Village Manager.
The thing about ED, the transactor is COMPELLED to do the deal. He or she cannot just walk away from the whole thing if he or she does not want to do the deal. That is the egregious, un-american and bad part of it. It gets into dubious greater goods.
On the one hand, I kind of had no problem with the village's absurd number. I thought: they can say anything that they want. It is a free country. And I should simply be able to walk away, which I thought I did.
But one problem with the process is the fact that it put into public an absurd number associated with my property; now whatever is done on that property might be considered relative to that absurd number; it might even look like to the blanking hoi polloi looking in on The Truman -I mean- Tomecek Show that the final numbers are 'real good'; after all, they are 1.25, 1.5, 1.75, 2 3 4 5 6 7 8 9 10 11 12 times that other number! In other words, my property has been further harmed. Talk about blanking up a free transaction! the whole town is in on it. "John, they shouldn't get that much. It is our money, after all." Or even if it were a private transaction, the goods are tainted now.
This is obviously why those executive session minutes are sealed when the village is discussing property acquisition. Since the value of real property is highly perceptual, the publicizing of any numbers, as well as a government's intentions on the property, can harm, devalue, or take away from, the property even though no real transaction even took place. In other words, it would not be fair, it would not be nice, to the property owner.
Wait a minute - they DID release my appraisal info. Thanks, Village. We are going to trust you people with 20 million dollars to do as you see fit without asking permission from the electorate? I hope all of you Villagers feel real warm and fuzzy and continue watching 24. Your small quaint charming friendly town of RIverside is now at the cusp of turning into friendless Riverside Inc; yeah, Also Known As Potterville, The TOWN FORMERLY KNOWN AS RIVERSIDE.
They just had an executive session on property acquisition at the last board meeting. Why would they release the details on my situation but not on the other one?
The fact that I am bringing this up now again in public is probably showing real bad judgement on my part.
It just further shows how blanked up this process makes people's lives. Is this a financing alternative or a ...technique out of Stalin's 5 year plan?
Posted Wednesday Feb 28, 2007 11:50
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