Saturday, September 28, 2013

A Citizens asked council last night to elaborate on the auctioning of the 111 acres.  The Mayor responded False, it was not auctioned
  Well folks, the 111 acres was sold on the Steps of the Bexar County court house on Jan 3, 2012.  Look at page 1 below, the original price was $17,179,045.03.  The 111 acres was sold to SLF IV-Eisenhaurer Point, L.P. for $6,200.000.  Last paragraph on page 2 indicated highest bidder.  Maybe because this was a Foreclosure maybe the actual sale is technically not called an auction, but to the average lay person it looks like it was auctioned.  The county does not usually place "Every Day Low Price" on property sold on the court house steps.  Decide for your self.



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