Thursday, August 4, 2011
FAIRGROUNDS BACK ON
The Fairgrounds project took another of the fits and starts it is known for, the plan has been on the books it seems forever and appeared to be bogged down again while they pondered where the Health Department would best serve it’s clientel. The city took another little step forward when officials cut the ribbon on part of the housing portion of the project. The project developer and financier joined city officials at the ribbon cutting giving the project new impetus as only two of the planned 36 homes exist. That many people wielding silver shovels ought to be able to knock out a house a week. “Everything you could think of, it was there,” City Councilman Curtis Milteer said Tuesday. “We’re very proud the city is coming to revitalize this area.” Mayor Linda T. Johnson applauded the decade-long effort and said she hoped Tuesday’s event would encourage homebuyers to come looking. Towne Bank appears to be ready to accept full credit. Perhaps they are ready to extend credit to Fairgrounds home buyers.
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6 comments:
Most expensive and wasteful piece of dirt in the city. Let Curtis blather on. It's the campaign check he and the others are expecting that counts.
I thought there was a mortage crisis still going on and projected to even gets worse.Interest rates are going to shoot up, while on the other side, the deduction for interest will disappear from your tax return. Wait...the owners of these new homes will be protected by us the taxpayers and bailouts.Whats that saying, something about its a good time to be in Suffolk?
Another new opportunity for drug and slum lords. Bet Johnson's man at the EDA has his hand in it.
Are any of these turkey's sold yet? What a stupid thing to do in the market and johnson is a realtor too. Politics and payola at it best for democrats we have on council.
You can still get everything you want in this area...as long as its illegal. But cramming new, overpriced houses on small lots will totally fix the actual problems in the area. Right?
It looks as if Freddie and Fannie are about to receive another 5.1 BILLION, whats the problem? More folks looking to default a couple of months down the road?
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