Horizon City

[tinkertexas]

I am looking for more current information about property market values in Horizon City. I recently discovered that my deceased parents bought a lot and I am curious as to its current value.

[tinkertexas]

I am looking for more current information about property market values in Horizon City. I recently discovered that my deceased parents bought a lot and I am curious as to its current value.

[duped66]

Horizon lots sit undeveloped; owners unable to sell - El Paso Times

[galinha]

Here's the link on the FTC Order on Horizon Development Corporation (TX/NM): [URL]http://www.ftc.gov/os/decisions/docs/vol97/FTC_VOLUME_DECISION_97_(JANUARY_-_JUNE_1981)PAGES_771-911.pdf[/URL]
Two important clauses for members to consider:
1. Section IV requires a change in the management structure of the HCIA’s. Horizon is prohibited from controlling the management of the associations and is thereby prevented from utilizing the resources of the HCIA’s for its own benefit. Further, HCIA members are given the opportunity to postpone payment of HCIA assessments until the lot being assessed is ready for development. Payments over a forty-year period on a lot which may never be developed is particularly onerous. Further, HCIA payments to an association by those who have forfeited on their lots, and have no interest whatsoever in the development should be refunded. These payments are in an escrow account, are readily available for refunds, and refunds seem just and proper.
2. 8. It is further ordered That respondent shall: With respect to any improvement association, however designated, which has jurisdiction over any land within any of respondent’s subdivisions:
Propose at any such meeting called pursuant to subparagraph (1), the following amendments in the articles of incorporation and bylaws of each such association as may be needed to accomplish the following:
(c) Postponement of the annual charges and assessments by each undeveloped lot owner until such time as water, sewer and electric utilities are in place in the street in front of each lot, or until such time as the utilities have been contracted for and the date of installation is certain.
(d) Refund of all HCIA charges paid by any purchaser whose contract has been forfeited or cancelled, together with a refund of a pro rata share of any interest earned on such payment to the date of refund.

We are also cheking on potential donation this unsellable land (worth not more than $10) to the City of El Paso. I think they should issue an eminent domain over the entire land to avoid further hassle to thousands of families victims of this 1960s-1970s land scam.
The Commissioner in charge (2011) is: Mr. Davis Haggerty, [EMAIL="commissioner4@epcounty.com"]commissioner4@epcounty.com[/EMAIL]. 500 E. San Antonio El Paso, Texas 79901. Phone (915) 546-2044. Website: [url=http://www.epcounty.com/comm4%5C]Commissioner Precinct 4 - epcounty.com[/url]