Wealthy Welfare Oxbow, ND (Part 3)

According to city-data.com Oxbow, ND is one the wealthiest communities in Cass County and perhaps North Dakota.

Here are the 2013 estimated median household incomes for the following:

Despite the higher median income per household a different yarn is being spun by Oxbow’s elite who finagled big buyouts, yet, profess they are victims of circumstance in a process that has netted equity enrichment’s as high as 967.5 percent.

You have Oxbow Mayor Jim Nyhof living in government subsidized housing. Property that was annexed into Oxbow, ND just shortly prior to the $2.69 million Bartram estate buyout, and is now being rented for a mere $1,500 per month.

Whether one believes that Oxbow’s Elite “are” or “are” not driving the bus on this deal, is a matter of debate. What do you call intentional manipulation of “rules” for financial gain or equity enrichment?

Don’t forget, Oxbow Mayor Jim Nyhof was drafting 1 a.m. emails to city council members lobbying a concept that would allow every shareholder to walk away with a minimum of $ 27,000 each for their stockholder in a NONPROFIT corporation.

There were/are so many options that could have saved the state, county and city taxpayers a bundle when is comes to the Oxbow project. The OHB ring-dike-levee…, touted as a $65 million “all in price tag” which is currently passing the $75 million mark, forces the taxpayer into shelling out big bucks to provide equity enrichment for the Oxbow country club and homes. Was malfeasance really the intent behind the Cass County and Fargo flood taxes? The same taxes Fargo want voters to extend on the November ballot.

Albeit, there are a small handful of the 40 Oxbow property owners on the buyout list that wanted little from the process…, and there are those that bickered for every blade of grass.

Sadly, all 40 homes and course holes could have been addressed for around $10 million. The Fargo Dam and FM Diversion Authority (FMDA) could have spent $100,000 per home to construct a new foundation, provide utilities and relocation of the existing structures for around $4 million. They could have purchased 170 acres (130 acres for the golf course and 40 one acre lots for each home) for around $853 thousand. With the remaining dollars to landscape the golf course hole relocation’s.

But Oxbow’s Country Club elite were salivating over the high-end Robert Trent Jones plans and the FMDA was looking for a way to buy-off Oxbow and only had to dangle money.

One has to remember that Darrell Vanyo and others refused to compensate the Kindred School District for the annual $80k loss relating to Oxbow’s property tax reduction which was re-distributed to the remaining taxpayers within the district. Ironically, the $75 million spent thus far on Oxbow could have provided 937 years of compensation to the Kindred School District.

According to public FMDA records and information provided by AE2S, the buy-out list:

Oxbow Related Buy-Out List
(Click address below to view property)

Why would any Fargo or Cass county taxpayer ever consider extending a multi-generational sales tax to provide welfare to the wealthy?

Should Cass County strip Oxbow of its city status and acknowledge it as the exclusive Oxbow Country Club community it is…?

Coming up next: Wealthy Welfare Part 4 – The “Agenda”

Views: 3701