One Penny

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We used two pennies to show both the front and back to those who have never considered offering one or more pennies in trade for land.

Showing two pennies does not insinuate that anyone wants twice what their property is worth

Not for Sale
No Offers Received
And No Dollar Amounts Discussed

Fact: Three of the four land grab properties
are not for sale


As a result, there is no sale price.
Consequently, there is no listing real estate sales agent.
Thus, to buy, you would make a bona fide offer to the owner.

An bona fide offer does not mean asking:

Ö Would you ever consider selling?

Ö Would you ever consider leasing?

Ö What are your property plans?

Ö What would you want, if you did decide to sell?

Ö If you do ever decide to sell, will you call me?

Ö Did you know that you can get land
         in lieu of cash and avoid capital gains tax?


An bona fide offer means, I will give you _(X-dollars)__ for your land, do you accept?

The answer can be "Yes", "No", or  "No, but I will for _(Y-dollars)__  do you accept?" 
Anyone who has ever bought a house or a car, knows what we are talking about.

For these three property owners, there have been No Bona Fide Offers from anyone.  None,  not any, not an iota, not one, naught, zip, zero, zilch.  

l As a result, there have been no counter offers.
l Consequently, no discussion of price with anyone.
l Thus, nobody can say what we want for our land.
l Ergo, nobody can say that we want twice that amount.

Therefore, Mayor Shumaker must stop publicly making the case that they need to take the land because "greedy" owners will not sell it to them. 

Why?   Because until someone makes us an offer,  it is a false statement. 
(See Use of Deceit)

Property Owners Fact Sheet
As of 9/15/03

Property Owner J.D. King
(Land Only)
Darrel Proffitt Jimmy Warden
(Land Only)
George & Lynda Rogers
Business Name Jack's Service Center and Used Cars Tri Cities Auto Parts Tennessee Valley Aluminum Rogers Associates Rogers Oregon Rogers Properties Rogers Gardens
Reynolds Express
Accurate Auto Repair
Business Owner Jack Owens Same Doug Fields
Chuck Odem
Reba Dunlap
Same
Withheld at owners request
Employees 5 8 10 plus 10 contractors 30 plus
10 to 20 contractors
2
Property Status Not for Sale Partial For Sale Not for Sale Not for Sale
Property Listed with Not for Sale IRA Not for Sale Not for Sale
Sale Price Not for Sale 3.6 Million
(Under Option)
Not for Sale Not for Sale
BMS inquiries about selling or leasing property Zero Yes Zero Yes
Bona fide verbal or written offers received from BMS Zero Zero Zero Zero
Inquiries from anyone other than BMS Zero Yes Zero Yes, BMS' real estate agents
Bona fide verbal or written offers received from anyone other than BMS Zero Yes Zero Zero

As you can see from the above property fact sheet, of the three properties not for sale, only Mr. Rogers has ever been approached by BMS and real estate agents acting on BMS' behalf. (including Vice Mayor Kelly Graham)  The real estate agents asked....

Ö Would you ever consider selling?

Ö Would you ever consider leasing?

Ö What are your property plans?

Ö What would you want, if you did decide to sell?

Ö If you do ever decide to sell, will you call me?

Ö Did you know that you can get land
         in lieu of cash and avoid capital gains tax?

Mr. Rogers told these fine folks that he had no desire to sale his land because:

bulletIt was a great location for his businesses
bulletThe creek provided healthy water for his plants (imagine the water bill without it)
bulletThere was plenty of room for his semi trucks and trailers
bulletThe trucking company was portable making room for his campground
bulletHis nursery business would soon be portable making even more room
bulletHe had plans to expand his campground (See property plans)
bulletThe campground business is pretty fun and supplements paying the bills
bulletAnd he had great neighbors

Despite having no reason to sell.....He also told them, "However, I will look at any reasonable offer anyone might want to make." 

But there was never any bona fide offer made by anyone!!!! 

Mr. Rogers also met once in July 2002 with Jeff Byrd of BMS regarding Rogers' pending lawsuit against the city for harassment and inverse condemnation when they blocked the use of Mr. Rogers' driveway that had been in place for 42 years.  (The judge agreed by the way)

During this meeting Mr. Byrd made the following statement to Mr. Rogers:

You know George, we could give you one, two, three, four, or five million, what ever, to buy your property, but it might be cheaper for us, and better for you if we leased your land for either one or two weeks during the spring and the fall.  We could come over, do more excavating to bring the mountain down to 2 or 3 levels, pave it and stripe it for car parking, in order to provide parking for our suite skybox patrons as we do not have enough parking for them.   You then would have use of the land for the rest of the year.

Mr. Rogers responded, that he did not know if he could operate his nursery business on pavement because the irrigation water lines run under ground, and the heat reflecting from pavement might affect plant material, but he would look at anything that Mr. Byrd would like to purpose.

Mr. Byrd said he would have his engineers look at the feasibility and get back with Mr. Rogers after the August 2002 race.

To date, he has not gotten back with Mr. Rogers.

Mr. Rogers, not hearing from Mr. Byrd for almost a year, assumed that they must have solved their parking problem in some other fashion.  Turns out he was mistaken.

Wayne Estes, Vice President of Communications and Events, came over to visit with Mr. Rogers four weeks before the August 2003 race.  He wanted to lease 300 parking spaces for Suite patrons' parking as they "still" did not have enough parking.  Mr. Rogers told him that for several months his campground had been booked full with a waiting list for any open spots.  He told Wayne (a super nice guy) that if he had the extra space, he would gladly lease it to BMS, but he just did not have any vacancy and all the camping patrons had placed deposits on their camping spots.

In summary:
3 out of 4 land owners, or 75%, do not have their land for sale
2 out of 3 of those land owners, or 66%, have never been approached by anyone
2 out of 4 of the all the owners, or 50%, have never been approached by anyone

Claims that greedy land owners will not sell.....are unfounded!

 

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