Todd Gross, Fargo, Published March 19 2013
Letter: Fargo buyouts are welfareThe article in the March 15 Forum is misleading: The houses will not go for pennies on the dollar. They will cost the city millions, not pennies.
As it stands, the houses cannot be moved and therefore, they will have to be destroyed on the premises, and there is an added expense. At a payment of 110 percent of assessed value, the owners are getting better than premium market value. This alone should be an affront to the voters of Fargo, who voted for monies to go to the diversion. Now those monies are being used for buyouts, which the city claims to be part of the proposed diversion. This appears to be nothing more than upscale welfare.
If we have that kind of money to burn in Fargo, tell them to come and see me. I’ll take 110 percent of my assessed value right now.