The
fate of the Orange County Fairgrounds remains locked up in legal proceedings, which leaves plenty of time to ponder that $100 million buying price. Leading off that discussion, it would be best to know the actual value of the land--a figure
Dr. Steven Beazley and the
OC Fair and Event Center should have considering it has contracted and paid not one, but two separate firms to determine.
Despite repeated requests, Beazley and board members of the OCFEC have constantly tiptoed around a direct answer of whether or not an appraisal was ever conducted. Then documents started appearing that made it clear that money was spent and work had been done. The most recent documents discovered by the Weekly indicate that something resembling a second appraisal was requested in April 2010, from Herron Companies, which cost $5,625. On the invoice dated April 30, 2010, Beazley scribbled the note, "Ok to pay."
In total, OCFEC has spent $42,481.38 to determine the value of the land (or pieces of the land), and yet, no figure(s) has made its way out of the fair board's private quarters.
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