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The federal government intervened, taking over the property, selling again it in 1990 for only $61 million. Such losses were a common outcome in the government's disposal of real estate assets during the bailouts of the savings and loan crisis. Ownership transferred to Yukio Kitano, representing the largest-ever Japanese investment in Texas ...
There are seven districts, 62 individual properties, and one former property listed on the National Register in the county. Sixteen individually listed properties are Recorded Texas Historic Landmarks while four districts contain many more including one that is also a State Antiquities Landmark .
McKinney is a city in and the county seat of Collin County, Texas, United States. [7] It is Collin County's third-largest city, after Plano and Frisco.A suburb of the Dallas–Fort Worth metroplex, McKinney is about 32 miles (51 km) north of Dallas.
In 2007, Collin County was ranked No. 21 for high property taxes in the U.S. as percentage of the homes' value on owner-occupied housing. [18] It also ranked in the top 100 for amount of property taxes paid and for percentage of taxes of income. Part is this is due to the Robin Hood plan school financing system in Texas. [19]
Most of McKinney's land and the house were sold to James W. Smith in 1885, Smith's grandchildren granted 682 acres (2.76 km 2) to the state of Texas in 1974. It opened as McKinney Falls State Park in 1976. The former homestead was added to the National Register of Historic Places in 1974. It has since been stabilized to prevent further ...
The State of Texas' Motion for Summary Judgment stated "that Princeton administration had 'unlawfully and improperly attempted to assert jurisdiction over a tract of land which the city never annexed and which is not lawfully within the corporate city limits,' according to Collin County court records."" [9] "Tract Five, the property in question ...
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