Monday, November 9, 2009

Yet Another Secret Transaction?

Ben Smith has filed the following story:

Iron County disposed of a piece of real
property in Geogebic County,Mi. The
property was sold through the Silver
Company that is located in Geogebic
County , Mi.

No evidence was found that the Iron County
Chair had sought bids from local realtors.

The motion to sell was made at a county
commissioners meeting on Oct.27,2009 with
NO discussion as to bids or price!
The commissioners did select EDC director
Julie Melchoiri to sign the documents.

(Editor comment: It all sounds illegal. Has
the commission selected Julie as the fall
guy in the event there are eventual legal
problems with this transaction?)

The selling price WAS NOT disclosed at the
commissioners meeting, however the your
reporter has learned that the sale generated
$19,000.00 gross, less of course commissions
etc.

More will be reported on this matter as we
investigate and uncover the reasons for all
the secrecy.

Bill Vajk

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