The city-owned office building, which leases space to several nonprofits and is located across the street from the downtown Depot, was appraised for the city at $1,035,000 by commercial real estate appraiser Alan W. Sutton, but will be sold to Kotis for $900,000, who made the highest offer.
"According to Guilford County public access tax records, the seven parcels of property for sale that make up the Bardolph building and its parking lot at Church and Washington streets have a total appraised value of $3,054,100 based on market values as of the date of the last countywide reappraisal in 2012.
“The city’s not in the real estate business,” said Ted Partrick, the city’s engineering manager, explaining why the city agreed to sell the property below its more recently appraised value of $1,035,000. “The city’s not set up to be landlords.”"
No mention of Marty Kotis' campaign contributions
to those who voted for the sale for $900,000
on a property supposedly worth $1,035,000
which was supposed to be worth $3,054,100 in 2012
on a property supposedly worth $1,035,000
which was supposed to be worth $3,054,100 in 2012
from Triad City Beat,
because as Brian Clarey says
"it's just the way it is"
http://triad-city-beat.com/city-poised-to-sell-human-services-building-to-kotis/
There should be a complete public reckoning
of Marty Kotis' campaign contributions
to those who voted for the sale,
but there probably won't be
by our very crooked local paper of record
and the Rhino Times
whose owner does the same shit only different
In addition to the powers granted by G.S. 160A‑456...
(4) To sell, exchange, or otherwise transfer real property or any interest therein in a community development project area to any redevelopment private sale for residential, recreational, commercial, industrial or other uses or for public use in accordance with the community development plan, subject to such covenants, conditions and restrictions as may be deemed to bein the public interest or to carry out the purposes of this Article; provided that such sale, exchange or other transfer, and any agreement relating thereto, may be made only after approval of the municipal governing body and after apublic hearing; a notice of the public hearing shall be given once a week for two successive weeks in a newspaper having general circulation in the municipality, and the notice shall be published the first time not less than 10 days nor more than 25 days preceding the public hearing; and the notice shall disclose the terms of the sale, exchange or transfer. At the public hearing the appraised value of the property to be sold, exchanged or transferred shall be disclosed; and the consideration for the conveyance shall not be less than the appraised value. (1977, c. 660, s. 1; 1983,c. 797, ss. 1, 2.)
Nancy Hoffmann, Jamal Fox,
Marikay Abuzuaiter and Justin Outling voted for the sale
..
§ 160A-514
"Such conveyance shall be for such consideration as may be agreed upon by the commission and the association or corporation, which shall not be less than the fair value of the property agreed upon by a committee of three professional real estate appraisers currently practicing in the State."
§ 160A-457(4); Acquisition and disposition of property for redevelopment; To sell, exchange, or otherwise transfer real property or any interest therein in a community development project area to any redeveloper at private sale for residential, recreational, commercial, industrial or other uses or for public use in accordance with the community development plan, subject to such covenants, conditions and restrictions as may be deemed to be in the public interest or to carry out the purposes of this Article; provided that such sale, exchange or other transfer, and any agreement relating thereto, may be made only after approval of the municipal governing body and after a public hearing; a notice of the public hearing shall be given once a week for two successive weeks in a newspaper having general circulation in the municipality, and the notice shall be published the first time not less than 10 days nor more than 25 days preceding the public hearing; and the notice shall disclose the terms of the sale, exchange or transfer. At the public hearing the appraised value of the property to be sold, exchanged or transferred shall be disclosed; and the consideration for the conveyance shall not be less than the appraised value.
.
.
Guess who Marikay Abuzuaiter works for?
Marty Kotis
http://greensboroperformingarts.blogspot.com/2015/11/guess-who-marikay-abuzuaiter-works-for.html
Guess who Tony Wilkins works for?
Marty Kotis
Nancy Vaughan (D) Pre Election Campaign Finance Report; (R) Marty Kotis - $1,000 and Roy Carroll
http://greensboroperformingarts.blogspot.com/2015/11/nancy-vaughan-d-pre-election-campaign.html
Guess who owns Jamal Fox? Crony Capitalists in Greensboro Edition
Marty Kotis
http://greensboroperformingarts.blogspot.com/2015/11/guess-who-owns-jamal-fox-crony.html
Marty Kotis angling for more city of Greensboro money, using taxpayer funded Zack Matheny as his lobbyist; "City might help"
http://greensboroperformingarts.blogspot.com/2015/10/marty-kotis-angling-for-more-city-of.html
Thessa Pickett's uphill climb to win against entrenched City Councilman Jamal Fox
http://greensboroperformingarts.blogspot.com/2015/07/thessa-picketts-uphill-climb-to-win.html
How to purchase City Councilman Jamal Fox, by Marty Kotis among others
http://greensboroperformingarts.blogspot.com/2015/01/how-to-purchase-city-councilman-jamal.html
Jamal Fox's amended 2015 mid-year finance report now noting Marty Kotis funded his campaign event
http://greensboroperformingarts.blogspot.com/2015/08/jamal-foxs-amended-2015-mid-year.html
Jamal Fox misleads Guilford County Board of Elections and Greensboro's African American Community
http://greensboroperformingarts.blogspot.com/2015/07/jamal-fox-misleads-guilford-county.html
