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Old 09-14-2011, 10:31 PM   #122
Fozzie_DeBear
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Join Date: Nov 2003
Location: East of the Rockies, West of the Rest
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Quote:
Originally Posted by hulkrogan View Post
Any acquaintance of one of the people involved. I believe the negotiations started some time ago but, looking at the ring road situation, you can see things don't get done quickly in this department.

One thing is guaranteed, they are going to try cash in with the lease rates, and residents will pay.

There is a reason houses there sell for quite a bit less, there is a risk attached. You can get a much nicer house than for the same price with freehold land ownership.
Yeah there is a portion of the municipal taxes that is placed in an investment fund which will be used for the settlement.
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