Thursday, February 4, 2021

Caledonia man who owns hundreds of acres, hoped for development boom, sues Foxconn

Village Idiot and President David DeGoof F*CKS UP Again With the Failed Fox-Scam! 

From The Journal

CALEDONIA — A man who owns hundreds of acres of land in the Interstate 94 corridor who had hoped to cash in with the property is now suing Foxconn, Racine County and Mount Pleasant for alleged breach of contract.

The lawsuit was filed in Racine County Circuit Court by Daniel Hintz, of Caledonia.

In 2017, BizTimes reported that Hintz had listed his 430 acres of land, which includes South Hills Country Club on the east side of Interstate 94 and stretches from Mount Pleasant into Caledonia, for sale at $32 million but was hoping “the Foxconn effect” would, according to Hintz’s son, increase “the assessment of an already unique piece of property with valuable extensive interstate exposure.”

Hintz is now suing Foxconn for allegedly breaching the local development agreement. Public entities have not accused the company of breaking the agreement. 

However, Foxconn is currently renegotiating its contract with the Wisconsin Economic Development Corporation since it is no longer planning to building a so-called “Gen. 10.5 LCD Facility” as was originally planned. Foxconn’s plans have been amended down to a smaller Gen 6 facility, which appears to be a smaller project than what was originally negotiated and announced in 2017 under the leadership of then-Gov. Scott Walker and then-President Donald Trump.

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