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Monies lost

Municipalities/cities engaged in the real estate business opens the door to opportunistic seedy conduct. Montgomery Ward was sold by the city to a crony who sat on the property and did nothing to improve or develop the land, including cleaning up the hazardous contamination on the property. The land was then sold back to the city for a substantial profit paid for by the citizen taxpayer. At about the same time, a similar scenario was playing out in the city of Mount Clemens in Macomb County.  Monies spent by cities  for such dubious activities diverts needed monies from city services. Anything but the work of genuine "public Servants".   P3 
Lee Jacobsen January 17, 2014 at 03:21 AM
Absolutely right Joe! Allen Park is another example, with the movie studio fiasco, and the residents left holding the bag on a tremendous amount of debt.
Pam January 17, 2014 at 08:18 AM
You can also look to "downtown" West Dearborn to see the results of such meddling. It will continue as it provides a substantial way to reward political supporters. Elections have consequences.

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