"Machinery Row Deed In Lieu of Forclosure"

Dear City of Racine Alderpersons,

It simply looks like yet another bad deal for City of Racine Taxpayers and Residents.

The Machinery Row properties purchased by a City of Racine Taxpayer loan of  $4.5M are now only worth $3,885,260.00, according to WI DOR Property Transfer Records.

https://arrestrecordsofracinewipublicofficials.wordpress.com/2018/01/06/racine-county-eye-reports-that-the-city-of-racine-rda-has-been-granted-the-machinery-row-deeds-in-lieu-of-foreclosure/

Wishing you better luck in the future on your next risky real estate gambling "Casino" with taxpayer money.

Sincerely,

Tim & Cindy