The city paid more than double the assessed value for a parcel on busy Atlantic Avenue. The deal required the seller to donate $425,000 to the city, but it's unclear what happened to that money.
The city of Bell bought a piece of land for more than double its assessed value as part of a highly unusual redevelopment deal that required the seller to donate $425,000 back to the city — a sum that now cannot be accounted for, according to records and interviews.
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