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Fort Crockett property on the market for $10M - The Galveston County Daily News : Biz Buzz / Buzz Blog

September 21, 2014

Fort Crockett property on the market for $10M

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  • RonShelby posted at 8:08 am on Mon, Jun 23, 2014.

    RonShelby Posts: 501

    If the Texas Historical Commission is the "holder of the covenant" then doesn't that imply its something of value which resulted in limited use of the property. Instead of calling it a "fine" shouldn't the property owners have to "Buy" the covenant rights it didn't already own (e.g. buy the additional rights of use back) at a price equal to its value in 2000?

    At least that would seem fair. Right now, it feels like the community is getting ripped off, as well as other potential buyers in 2000.