The laws of economics are at play in a big way in the Mahoning county today. We are beginning to learn that the fastest way to kill a bad idea or bad bureaucracy is to DEFUND it. For instance, deconstruction, although a novel idea, the market cannot support it thus, dead. Rossetta Stone, again good idea, no market downtown ,dead. Fortunately, funding is drying up in America and grant writing is now being frowned on. There are a lot of PORK institutions in Mahoning county and they are fighting each other now for funding. It is good to see the slate cleaning up and raw capitalism coming forth. Now this leads me to the County landbank, it is no secret that the City has thousands of parcels in THEIR landbank producing ZERO and now bureaucrats want us to believe that a County Landbank is different? It makes me laugh how the entitled try to morph into something new when they see their funding drying up.
There is one reason now why the County Landbank proposal is NEGATED, the discovery of Oil and Gas under all our land in the county. You see our land is now a COMMODITY, the set price of an acre TODAY is $2000 just to sign a meneral lease! Yes, you can call up an Oil company right now and they will pay you 2K for each acre. This does not even include the royalties that will be generated for 20-30 years! As we speak, investors are gobbling up every inch of land in the county. There is no difference between City land and suburbia land, every inch is now valuable. To sum it all up is that land now is valuable and will no longer sit in landbanks like the City's for 50 years. The question today is what to do with all the money the City's landbank is now worth and to get this new found wealth in the hands of the people and not the politicians.
Here's a tip for everyone, rule of thumb is it takes 10 city lots to make an acre plus you own up to the middle of the street. Neighborhoods need to group together and assemble yourselves into larger acreage, this is what is happenning now with bigger land. Keep in mind, that every inch of land is needed and every small lot will produce. Another tip, if you have vacant city landbank land next door to you, call the City and tell them to give it to you and you will pay the taxes, they produce ZERO anyway and the City has no clue what to do with them.
Shrimp, why don't you pay your property taxes?
Because I am tired of them supporting bums like you. Besides the records will show I pay more taxes than you and your ilk combined, I'm sorry if I couldn't do more. I guess I'm revolting like your friend at the Pig Iron, I like him, he is withholding property taxes too, making a statement against wanton waste. You seriously need to get a job man and pick yourself up, get some shrink help or something. I think I'm going to see Carol, Lanzo, or Stocker and have you committed, you spend way too much time here bro.
Well, got to go to work now and pay taxes to support bums like you, cya!
Shrimp, big money people like you who don't pay taxes are BUMS!!!!!
Pay your taxes, Shrimp.....Help the city and county out for a change......
You need to be committed.......
Doesn't the city own an easement at the front of lots which face the street? I always thought
that the city owned the land between the sidewalk and the curb
(ie: the "Devil Strip").
That's how it works down here, but then of course every municipality is different......
:)
Mostly here in the mahoning county, the property owner owns up to the middle of the street as per their "legal discription" , the government only has a right-of-way.
It depends on location. For the three properties that I own, the govt. owns the right of way and the property line is a few feet back from the curb.
Just had a long conversation with a land neighbor on the eastside, they are excited to learn about the Utica oil shale! They are interested in demolishing the abandoned house on their mothers land, they will use the signing bonus for funding. Funny how capitalism works without the government or a landbank.
Wow! Yesterday my company received a response from our letters to fellow landowners in our Sebring Oil Unit. This lady inherited 20 acres in Sebring from her mother and the taxes were never paid because of hardship and of course the land was not in demand. We explained to this family who lives now in Colorado that TODAY, the land is now in demand because of the discovery of oil. They rejoiced and proclaimed that the first revenue from the Oil signing bonus will go to paying the taxes. And furthermore they promised to use any royalties to farm the land, See? Free enterprise at work here....we do not need more LANDBANK bureaucracy here to guarantee Lien Forward high paying jobs. This is why we have a county treasurer duh? The market will always present a demand on property or not, you can't wish it.
Wow...somebody is going to pay their taxes, now, if a certain Shrimpy LAND-MAN will only pay his taxes.....
Oh, In your letter to the Sebring residents did you inform them on how they are going to pollute the land
and water with the drilling??
Poor Dennis and his mental state, he is merely a "Flea" in the realm of things .........Did you find a job yet?
Property taxes are in principle a fee paid for services rendered to that property by government. Vacant land requires no services so vacant land should not be subject to property taxes, IMO. It merely exists, waiting to find a productive use.
Quote from: Rick Rowlands on February 13, 2011, 10:56:24 AM
Property taxes are in principle a fee paid for services rendered to that property by government. Vacant land requires no services so vacant land should not be subject to property taxes, IMO. It merely exists, waiting to find a productive use.
You're forgetting roads. There may be other services that even vacant properties receive, (i.e. storm drainage, street lights, etc.) but almost all properties have road access.
Rick, this is why under all the laws in our great land, property taxes are "in Rem" and are not "in Persona" , meaning the tax debt is not a liability of the title holder personally, it is an encumbrance of the property itself. The very intelligent logic here from way back is that for taxes to be generated, the property must be productive in the community. As can be seen in Youngstown, we have failed to make our property productive with the results of abandonment and disrespect of houses and land.
Pastor Nevels, in a phone conversation made a statement to me Friday, that has stuck, he said: "with the discovery of oil, we are blessed but we do not deserve the blessing." Yes, our property now is a commodity with the standing offer of $2000 per acre through no effort of our own, "we are not worthy." I can say this, you Rick have made the Hubbard land of value and I have produced shrimp. Dennis, however is sucking off the hind tit of the government, shame on him.
Westsider, now we are getting some debate with substance, A SIGNIFICANT AMOUNT OF THE DELINQUENT LOTS IN YOUNGSTOWN HAVE NO ROADS THEY ARE PAPER STREETS. I'll give you an example, in Sweirz's area, south of Prax air and next to the City park, hundreds of platted lots with no roads. The eastside, Atkinson, Wardle, etc. The westside around Donald and Stambaugh park. I can go on and on, thousands of lots fronting on "Paper" streets that were never put in. Here's a brainer for anyone, the taxes on these lots are exponentially greater than raw acreage- agriculture- assessment in the rural areas. So now you can see why a free market will never pay taxes on paper lots in Youngstown. Of course, now we have oil under them so they will pay taxes but not at the current assessment.
Shrimp, I do not collect unemployment and do not suck of the hind tit of government....
By being a slimy, greedy Land-man for the gas fracking companies and providing false information to all the land owners you will swindle by leasing their lands for gas, will you fiinally be able to pay your back taxes on your deadbeat properties, Ron?
"I Love the smell of fraking in the morning"
I am glad you take joy in the rape of the land and poisoning of the water, Ron....
Quote from: Youngstownshrimp on February 13, 2011, 11:46:48 AM
Rick, this is why under all the laws in our great land, property taxes are "in Rem" and are not "in Persona" , meaning the tax debt is not a liability of the title holder personally, it is an encumbrance of the property itself. The very intelligent logic here from way back is that for taxes to be generated, the property must be productive in the community. As can be seen in Youngstown, we have failed to make our property productive with the results of abandonment and disrespect of houses and land.
Sooooo with all of these productive shrimpin ponds you have am I to understand that by your logic the taxes on these properties will be going up?
Doesn't matter......Shrimp is a bum....he doesn't pay property taxes now.....what makes you think he'll pay them in the future?
It has been a year now and my prediction and study are once again coming to pass.
Where is my beautiful Landbank, where is my beautiful cat?
The Landbank hasn't done a thing and I notice Phil Kidd is even scolding the unholy alliance between Lien Forward, The county and all the actors.
All the bonehead advocates missed the essence of operating a landbank, funding............it ain't gonna happen with no money and all the pork needed by Lien Forward to feed their BIG diet. Only with the private sector initiating the investment can the Landbank begin. But for now, it is DOA. And as can be seen by the court cases , the private sector is gobbling up all the abandoned land it can get its hands on, and not even considering a landbank.
Another year has gone by and the dream of a working landbank is down the toilet again.
I told everyone so! Phil Kidd, has an article in his Youngstown Nation wherein he is scratching his head wondering why the landbank is a dud again. Sorry Phil, but your article does not get it either. It is not that the prosecutor and Flora have a drama. The prosecutor knows that "due process" is still required and many actors do not "get it." So, a question of sheriff sale or landbank depends on value vs. debt, not what the hipsters want.
BTW, I have been in meetings with the prosecutor, everytime one of our properties is attacked by the landbank, the owner just pays the taxes with oil money now, so no need of a landbank anymore, all the land is valuable now.
Could it possably be that the so called land bank crowd are the same folks that support frack free Youngstown along with their great and mighty champion Phil Kidd the great and wonderous saviour of our city?
TT,
Yes, I cannot believe years have been wasted on this bureaucracy. Even Kidd is getting older now, what a waste of peoples prime of their lives. Truth is, the bureaucrats are just making their pork salaries.