If inclusion in the district

increases the value of property, why isn't there a long line of property

owners waiting to be signed up? Why does the ordinance force the property

owners to be included in the district?

If inclusion is so good, why

isn't it voluntary instead of mandatory? If identical properties, side

terms of the ordinance and the other not, which property will have a higher

value? Any reasonable person would agree that inclusion in the district

holds down the value of property.

And since according to Georgia

law, real estate taxes are based on the value of property, and the ordinance

holds down the value of property within the district, then it also holds

down the amount of real estate taxes paid by property owners within the

district.

Well then, in a group, if one

part has its taxes held down, the other part of the group has to pay more.

Any reasonable person would understand that if the real estate taxes of

the owners within the district are held down, then it is an absolute certainty

that the real estate owners in Fayetteville outside the district must

pay more. Whether it's $1,000, $100, or $1, those owners outside the district

must pay higher taxes.

It's a classical "loselose"

situation: A. The limitations of the Historical Preservation District

cause the value of the properties within the district to be held down.

B. The owners of property outside the district must pay higher taxes.

Who wins?

Name withheld