Talk of The Villages Florida - View Single Post - Developer owned utility to be sold to TV for $98.5M
Thread: Developer owned utility to be sold to TV for $98.5M
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Old 10-19-2019, 10:41 AM
Advogado Advogado is offline
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Quote:
Originally Posted by dewilson58 View Post
Two independent appraised values.

Unless you believe the conspiracy the appraisal companies are in the Developer's pocket.
Yeah, it is a big "Unless." You know the old joke: Ask your appraiser what 3+2 equals, and he will reply, "Any number you want."

Apparently the purchaser's supposedly independent appraiser has a history of working for the Developer. Once again, we have the Developer's using the county to set up a governmental unit, staffing it with the Developer's people, and then selling stuff to it at a big markup.
Last edited by Advogado; 10-24-2019 at 10:39 AM.