Thursday, February 2, 2012

WREG: Seller didn't know about Southaven purchase

WREG is doing some bang-up reporting on the Southaven implosion. Remember that little land deal last night where a gentleman sold some land to a friend of Mayor Greg Davis who then sold it to the city the next day for a profit of $45,000? Well, it turns out he would have sold it to the city for the same price if he had known the city would purchase it:

"Dodson sold a 20-acre plot of land on Swinnea Road to a company owned by Chuck Roberts for $325,000. According to the Commercial Appeal, Roberts, who is a friend of the mayor, turned around the same day and sold the plot of land to the City of Southaven for $370,000.

That’s a profit of $45,000. Dodson heard rumors that the city may be interested, but said he didn't get a straight answer when he asked.

“I was under the understanding that I was selling it to a group of investors,” said Dodson.

He says he would have sold the property to the city for the same price as he did to Roberts, had he known the city wanted it. He says he suspected something was shady after the closing date was rescheduled three or four times.

“It wouldn't have transferred that day and automatically transferred the next day so there had to be something going on between somebody,” said Dodson
..." Keep reading.

8 comments:

Anonymous said...

Greg davis will look good in pinstripes on prison uniforms

Anonymous said...

From what the little birds tell me, Mr. Dodson evidently has some memory issues. You can't always believe what you hear in the news folks!

Anonymous said...

If memory serves me correctly, Madison County Supervisor, David Richardson, and attorney, Don McGraw were convicted of a similar real estate transaction. Some folks must think the rest of us are stupid so they are above and disregard the laws the rest of us abide.

Anonymous said...

Thank God Anonymous 9:06 commented on this. Everything is OK. Nothing to look at here. The little birds have spoken. For this anonymous, that is comforting news since the only burden of proof needed to be met was the hearsay comments from little birds. No need for further comment on this thread.

Anonymous said...

The Richardson/McGraw swindle was somewhat different. They used false appraisals and other devices to convince a very elderly woman that her 80 acres was worth about $120k when the real value was about $800k. Jim Butler, Mr. Mayor of Madison, was also part of the swindle, but mysteriously escaped conviction and he kept his share of the money.

Anonymous said...

9:24, you forgot to mention the alleged unindicted co-conspirator in that real estate transaction in Madison Co. As I recall, that one involved some political figures but no taxpayer money.

Anonymous said...

to 10:07.... Oh there is plenty to look at for months and months just Mr. Dodson has a very short memory. Maybe he should review all the documents, acknowledgments, affidavits and disclosures of which he signed at the closing. We all have our 15 minutes of fame...Dodson is getting his.

Anonymous said...

A large number of documents are sent around the table for signature at all closings. The fact that 10:53 posts the newsflash that they exist doesn't mean there was no Ace held under the table.



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If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

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