The city of Chattanooga and their historic land deals have been less than honest. The last big purchase of the Farmers Market property from the Tennessee Parole for Sale convicted bagman left the taxpayers holding the bag for pollution abatement. Let’s face it, the city’s land deals are riddled with cronyism.
Now, the city wishes to purchases asbestos-laden former public housing for $1 million.
Why does the city need to purchase the land when they can offer the property for advertised public bid instead of putting the taxpayer on the hook again for pollution abatement? Further, if a genuine market exists, the private sector will step up and purchase the property.
The city of Chattanooga should not dabble in speculative property purchases. It fails miserably and always invites cronyism with River City Company. Sadly, when these land deals with the city are voted on there is always a plan that was cut in a dark room laden with heavy cigar smoke. I would be willing to bet River City Company has their grubby paws in promises of PILOT tax exemptions, where the rest of us will be paying for their services
City Council, please vote no to the $1 million land deal, and advertise for bids for the former housing project.