Surely they would only have had a “reasonable expectation of profit” if they were assured the land would be rezoned when they bought it? If, as Ford insists, there was no advanced telling, it should be all on them not taxpayers.
I hope that argument can be made in court but you just never know what was in that contract. We have seen the obvious corruption already I wouldn’t be surprised if we see more in the actual contracts.
Surely they would only have had a “reasonable expectation of profit” if they were assured the land would be rezoned when they bought it? If, as Ford insists, there was no advanced telling, it should be all on them not taxpayers.
@Rumblestiltskin @voidavoid
@hamishb @Rumblestiltskin @voidavoid We could just expropriate it – giving them what the land was worth in say, 1975.
Agricultural land should be priced as agricultural land; nature preserve should simply not have a retail value.
@lastoneout @Rumblestiltskin @voidavoid
I hope that argument can be made in court but you just never know what was in that contract. We have seen the obvious corruption already I wouldn’t be surprised if we see more in the actual contracts.