Hall County land deal benefits governor’s campaign chairman
Quoted from the above article:
“Aiken calls the deal a bailout for Wilheit and his partners and says it’s simply a matter of friends looking after friends.
Wilheit is a longtime backer of Deal. In one of his first acts after taking office in 2011, Deal appointed Wilheit to the University System Board of Regents. Wilheit, his family and businesses have contributed about $60,000 to Deal’s gubernatorial campaigns. Wilheit is also a partner, with Deal’s private company, in an airplane that Deal used to fly around the state in his 2010 bid for governor.
Wilheit and his fellow investors in Gateway Centre project formed a group called WW 365 LLC: Their property lies along Ga. 365, a major roadway running north-south through Hall County. A purchase option for the poultry lab property – obtained through the Georgia Open Records Act - lists the owners as WW 365, Wilheit Family Properties, LP, Philip A. Wilheit Jr., Hart Wilheit Payne, LJN Associates, LP, Hillside Management, LLC, Emlico Investors, LLC, and James H. Moore. Several of the owners were Deal contributors, although none gave as much as Wilheit.
WWW 365 paid almost $11 million for the Gateway Centre land in 2007, according to county records. However, the next year the Great Recession kicked in and property values plummeted in many areas. This year, the county valued the land at less than $5 million. However, that is without the improvements the county has pledged to make. With the improvements, two state appraisals set the value of the poultry lab site at $80,000 and $93,000 per acre. The county valued the larger of the two tracts of Gateway property — unimproved — at less than $9,000 an acre.
Under the deal with the industrial authority, however, Wilheit and his partners could get all the money they put into the property – now more than $11 million – plus interest and possibly other profits.”
“Aiken, the citizen activist, argues that the owners will wind up making a tidy profit on undeveloped land they bought just before the real estate market went bust.
“A bunch of good ol’ boys got under water and they are being bailed out by the taxpayers at taxpayer expense,” he said.“The losers are the taxpayers of Hall County. They winners are the owners, and I will assure you Deal is involved.””
One “good old boy” helping another “good old Georgia boy”. This is why Georgia is rightly called and known as “The Good Old Boy State of Corruption”.
And you can be sure the U.S. Justice Department won’t lift a finger to bring these criminals into a courtroom either, because it is just as corrupt as they are.
This is an excellent investigative article about illegal shennigans by politicians in the backward good old boy state of Georgia.