Finders Keepers …
The Agribusiness Development Corporation has a well-earned reputation for losing track of its property. Anyone who questions this need only refer to the 2021 report on the ADC by the state Office of the Auditor.
In the years since, the agency has made some changes. But, as our cover story points out, at least one property seems to have been lost. Pacific Biodiesel has been occupying it for the last five years under nothing more than a right-of entry. The state has received no rent on this property, bought at market rates, in the nearly 10 years it has owned it. The county has received no property taxes, since the land is not considered encumbered by a right-of-entry.
This is no way to run the state’s business.
