HOW MUCH???? Property Worth 31,980 Sold to Nursing Home for 6,534.00 (Somervell County Hospital District) Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


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HOW MUCH???? Property Worth 31,980 Sold to Nursing Home for 6,534.00 (Somervell County Hospital District)
 


5 August 2016 at 11:35:06 AM
salon

Wondered in July how much Somervell County Hospital District sold property at 908 Embrey Lane to the TGR Nursing home for. 

Open Records Request

The total amount of money that TGR paid for the property was $6,534.00  Here is a copy of the check. 

Note that the current Somervell County Hospital District board signed the resolution for that amount

Minutes of the May 31, 2016 meeting indicate that "TGR Healthcare/Glen Rose Nursing and Rehab submitted the only bid with a price of $0.60 per foot. After some discussion, Ron Hankins made a motion to accept the bid, contingent on that value being equal or near the CAD value of the property. Dr Burroughs seconded the motion.

So what IS the CAD value of the property? For 2016, it is $31,980. That is a difference between the purchase price for TGR Holdings, which bought it for $6,534.00 of 25,446.00. Repeating that, over 25 THOUSAND dollars. 

I do question why there is such a tremendous drop in the value of the property between 2015 and 2016. For 2015, 2014, 2013 and 2012 the value was consistently 63,660. 00, but then, in 2016, changed to $31,980. I called the appraisal district to ask, first, if CAD value is 31,980. Yes, and second if there is any paper record that shows why this was devalued to such a large extent. Spoke with one of the appraisers who found no notes in the file, nor any contested protest before the ARB.I then spoke with Wes Rollen, who explained that anyone can come in and informally ask for a new appraisal, that it doesn't require a protest to the ARB, and that generally, property that is tax-exempt isn't necessarily thoroughly appraised each year (such as government owned land). In this case, someone from the hospital asked the appraisal district to do a new appraisal on the property in preparation for selling it.One can argue that being able to save laundry services would offset the very very low price of selling the land, but it doesn't explain why the board would accept this under the provision that the value being close to the CAD value of the property

Why the FOOL is Somervell County Hospital District selling land so cheaply when Glen Rose Medical Center is in severe financial straits and may go bankrupt?? And why, if Ron Hankins said that the sale was contingent on the price being close to what the CAD value was, would he have gone through with this (or the entire Somervell County Hospital District board, for that matter). 

 

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Comments!  
1 - Homegrown Matters   10 Aug 2016 @ 4:54:44 AM 

Did "Andy Lucas" use "Somervell Counties Residents Tax Dollar's" to defend Darrell Best against Paul Harper in the lawsuit


2 - Homegrown Matters   10 Aug 2016 @ 6:19:26 AM 

Why? Just when you think thing's can't get any worse for our Hospital District, our Hospital Board decides to basically give away "real property" owned by Our Hospital to a totally different entity by taking one bid, and not even getting what their bottom line was! They actually took less! Where was the bid posted, and how long was it posted there? What is up with the Appraisal District? Land doesn't depreciate that radically, unless our Appraisal District is in Cahoots with the Hospital Board and other Highly Elected Officials. If something looks crooked as a snake, and rattles and hisses, you better believe it is a snake and it's rotten to the core! This has WRONG written all over it!!!! If you are going to take something away from someone, what better way to do it, than right before their very eyes! The question is why? And what did the Hospital really gain from this? Anyone involved with this deal, you have no shame!!! I wouldn't want to be you, because your day of reckoning is coming, and it won't be good, but believe this, it will be humiliating, and no one that knows you, will ever look at you the same way again.



3 - salon   10 Aug 2016 @ 7:13:52 AM 


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