Wow they had the condition that the land be used as a park baked into the deed when they sold it to the city for $10, the city sold it, and when the family went to court their suit was dismissed. Now their home is worthless because nobody wants to live next to a data center.
When are we going to hold local government officials accountable for bullshit like this? Send them to prison.
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There is a tax loophole where you buy a lot of land and donate 90% of it to the government to be "public parkland". However, in actuality, you're the only person who has convenient access to this land and nobody else can build there, so you get nearly all the benefits of this land while claiming a big tax deduction.
It doesn't sound like what is happening here, but I don't think you should be able to block development on land you donated indefinitely.
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Is it true that it was sold for $10? There’s a common phrase in Texas deed transfers similar to the below which just means “The sale price is none of your business”
Common Texas boilerplate: That for and in consideration of ten dollars ($10.00), cash in hand paid, and other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, the Grantor has bargained and sold, and does hereby bargain, sell, convey, and confirm unto the Grantee the following described real estate.
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Why did the suit get dismissed? Local good ol boys doing the K-Drama USA dance?
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