Selling Us Down the River

Beazley is conspiring with long-time political hack, snake-oil salesman and fair board member Dave Ellis to sell the property of the fairgrounds for pennies on the dollar.  Fairgrounds throughout the State were tabbed for potential sale during the state financial crisis, but while board members throughout the state worked hard lobbying the Governor to hang on to their fairgrounds, only Orange County Board Members were inexplicably lobbying to try to sell off their site.

Not only that, but the property, which is worth hundreds of millions of dollars is proposed to be sold for $25 – $30 million.  About one-tenth of its true value.

THE PROPOSED SALE PRICE OF THE ORANGE COUNTY FAIRGROUNDS
WOULD NOT EVEN COVER THE INTEREST ON THE STATE DEBT FOR 24 HOURS.

Why would they offer the property at such a ridiculously reduced price? Because the board is the buyer AND the seller!  Outrageous, and probably illegal.

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