Extortion, Threats, and Theft
What is it? A mob takeover? Nope. The city of Arlington is making some of its residents an offer they can’t refuse:
For property owners who might be eager to sell, the City Council approved a series of incentives in November. Renters would receive $5,250; business owners would be paid fair market value plus $10,000; and homeowners would receive $22,500 above fair market value.
To be eligible for those bonuses, which include moving costs, homeowners and businesses owners would have to move within 90 days and renters would have to vacate the property within 45 days.
For those who don’t accept the voluntary buyouts, the city would use its power of eminent domain to condemn the properties and buy them at a flat fair market value without the bonuses.
The option is to either take the “bonus” or have the land stolen by the city and receive “fair market value.” Aside from the issue of government force, the sticking point here is what does the city consider “fair market value.” $22K over “fair market value” isn’t very helpful if the “fair market value” offered isn’t really fair or market…
Anyway, I hope the voters of Arlington are happy now that they’ve successfully voted to point the government’s guns at the heads of their fellow citizens and steal their land. Not to mention the higher taxes they voted for themselves. All for the privilege of paying for a billionare to locate his sports team in their city.