L: AA Realty LLC.

L ) Property sale / AA Realty LLC. from Foley Sweitzer Motor Sales, Inc.

( given a 20% discount after a sale by failure to assess )  Documents

  1. In December of 2011, AA Realty, LLC. ( Absher, Arnold) purchased an auto dealership property. This prime commercial property is comprised of two tax parcels and is located on the northwest corner of Interstate 57 and Illinois New Route 13 in Marion, Illinois.

  2. Courthouse records confirm that the purchase price was $ 5,000,000.00. ( see documents referred to as Exhibit L )

  3. The Williamson County Assessor’s office immediately changed both the owner name and the mailing address on the 2011/2012 tax bill records, but did not reassess the parcels.

  4. The total assessed fair cash value for these two parcels was $ 3,883,062.00 for the 2011/2012 tax year.

  5. In an inexcusable departure from the normal and expected assessment requirements, the Williamson County Tax Assessor did not reassess these two parcels for the following tax year of 2012/2013 to reflect the purchase price of $ 5,000,000.00.

  1. The rough estimate for tax monies the county taxpayers have been defrauded of in one year on this transaction alone is approximately $ 26,000.00.

( See Exhibit L Documents )

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