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Hillsborough County School District Land Investigation

Number 23005
Subject Developers
Source Times (St. Petersburg, Fla.)
State FL
Year 2006
Publication Date 03/12/2006; 03/13/2006
Summary The ninth largest U.S. school district, Hillsborough County (FL), in 2006 was "growing fast enough to fill five new schools" per year. To meet the demand, Hillsborough county used the services of 4 private real estate brokers, without using bids, in violation of its own regulations. Three of the four brokers have records of criminal, legal and financial problems. Some of those brokers simultaneously represented the sellers, or flipped the land themselves, resulting in land purchases often made substantially above appraisal values. Reporters from the St. Petersburg Times documented swampland purchases, and school sites surrounded by the homes of sexual predators.
Category Contest Entry
Pages 24
Keywords land; school board; school district superintendent; real estate brokers; realtors; swampland; bidding practices; state FOI; land flipping; rezoning applications; condemnation; assessments; appraisals; financial investigations; land records;wetland maps;FBI investigation; Florida Department of Law Enforcement; Excel; Matthew B. Cox; Chester B. Luney; Fred Edmister; National Realty Associates; school planning; Wilson-Miller; Florida Real Estate Commission; 2606 East Caracus Land Trust; Laurence E. Fuentes; Fuentes and Kreischer Title Co.; Florida Department of Business and Professional Regulation
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