05-10-2016, 08:23 AM
quote:
Originally posted by kalakoa
Several hundred people have been buying land or homes in that area because it is some of the cheapest
Again: these people should have to sign something indicating that they are aware of the huge industrial operation nearby, rather than force the rest of us to bail them out of their bad decision.
The County actually makes money on the deal as the monies spent to purchase the bailout property are Ormat monies. Then the properties go to an auction where the County takes homes all the proceeds.