Re: Some different takes on the Packard plant...

Posted by HH56 On 2010/11/24 14:26:37

The City of Detroit forecloses on the Packard Plant in 1997 and promptly evicts something like 80+ jobs

No doubt a typical bureaucrat/political move.

Kick the tax paying businesses out, clear the land for re-development because some fat cat came along and said if there was XX acres, he would buy the land for a few dollars and tax breaks. Big promises of something having 100 jobs for every one displaced and new businesses paying huge property taxes--except they always seem to run out of money before much happens leaving a big mess at the site and in the courts or there is a loophole giving them an out none of the city minions caught.

That's been the Fresno mode of operation more than once but in this case also, after they foreclosed, didn't the owners take the city to court and it was tied up for years with no one able to do much of anything?