Owners of the land for the proposed 15 story garbage dump stand to make up millions on the deal as neighbors fear their property values will be destroyed and the environment threatened. Those are key details
Dolcefino Consulting has learned Pintail Landfill has been paying handsomely for the right to hold a 5 year renewable option to eventually buy the landfill site.
The financial details are public for the first time. $500,000.00 to initiate the deal and 5,000.00 a month for three years to the landowners Marengo Family Properties. Last year, Pintail was required to pay another $250,000.OO dollars, and an increasing monthly fee of $7,500.00 a month.
The fifth and final year of the option agreement was set to begin on April 29th, with Pintail paying another $250,000.00 dollars and an increasing monthly fee of $10,000.00 dollars.
If Pintail buys the property it will pay up to Nine Million Dollars ($9,000,000.00) for the acreage, but the Marengo Family Properties also wants in on the garbage business, collecting at least 20 cents a ton for the trash Pintail wants to heap on the Waller County Countryside.
Marengo Family Properties is owned by the Dr. David Donald family. Dr. Donald runs Bayside Urology in Corpus Christi, Texas.
The date of the option agreement is also interesting. February 23, 2011. That is nearly four months before Pintails plans became known to the public, but weeks after phone records prove then Waller County Judge was talking to the landfill boss. By February 23, 2011 plans were already underway by Pintail Owner Green Group to fly select county officials to a landfill site in Georgia. That trip was intentionally kept secret from residents.