Molnau's $3.3 Million From Legislation She Pushed

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By way of MNPublius:
Molnau sold farm near road she pushed

Molnau, as chairwoman of the powerful House Transportation Finance Committee, guided the bill to passage. But she did not disclose Hwy. 212's proximity to the land she owned in Chaska or that she was negotiating to sell the property to a national housing developer, state and local records show.

The transportation bill provided for rapid construction of what Molnau called "mega-projects." One that fit the bill's criteria was Hwy. 212, which would run less than a mile from her farm.

"If you're interested in highways, like Hwy. 14, Hwy. 23, 52, 53, 169, 371, Hwy. 60, Hwy. 212, or Hwy. 94 in Greater Minnesota, this is a good bill for you," she told the Minnesota House on March 21, 2000.

Eight days after the bill was signed by then-Gov. Jesse Ventura, Molnau and her husband, Steve, sold their 40 acres to the developer, Pulte Homes of Minnesota, for $3.3 million -- six times its estimated market value, records show. [highlighted by Rook]
Looks like the Minnesota GOP is a carbon copy of the National GOP; corrupt to its very core. Though, just to be fair, it looks like sex was left out of this scandal. Damn, just won't sell nationally.


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1 Comments

Incertus said:

Huh. Pulte is one of those mega-builders who's in a world of financial hurt right now, in part because they were overpaying for land during the housing boom. That land might be for sale again before long.

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This page contains a single entry by Rook published on February 24, 2008 7:24 PM.

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