First it was the Idaho Land Board purchasing a private storage business, now Ada County Commishes bought a foreclosed subdivision on 250 acres north of Hidden Springs and east of Highway 55 for $240,000.
Known as Red Hawk Estates, the development fell on hard times and was foreclosed by Bank of The Cascades from Dry Creek Partners on January 19. As provided by Idaho code, the land was sold at a Sheriff’s Sale on Tuesday.
The Ada Commishes–Sharon Ullman and Rick Yzaguirre–rammed the deal through with a last minute change to the agenda and voted to place a bid. They met in executive session prior to authorizing the bid at the Sheriff’s Sale.
Efforts to get an explanation from various county staffers and officials regarding the motivation for the purchase have been futile. No one can tell us WHY the county purchased an undeveloped platted subdivision. There was only one other bidder at the auction. That party placed a bid of $230,000 on the barren foothills land.
The foreclosure and sale were properly advertised, but based on records and agendas posted at the Commish site, we can’t see any public discussion or consideration that would justify the sudden expenditure.
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