Unfortunate Land Deal In Chandler, AZ
9 April 2001 - 1:00pm
A real estate deal in Chandler, AZ, underscores local governments' vulnerability in attempting land transactions without expert advice.
"Chandler taxpayers likely will pay an extra $3.4 million for the site of their next high school and a new park because a partnership of savvy land speculators bought the land from an obscure local government agency and resold it to the city and school district."
Full Story:
Chandler land deal a 'killing'
Source:
The Arizona Republic, April 8, 2001
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