Going back to scam basics: AZ governor sold state Capitol buildings for $81 mil to private real estate company, only to buy them back $105 mil… - By

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What You Should Know / January 19, 2012

Going back to scam basics: AZ governor sold state Capitol buildings for $81 mil to private real estate company, only to buy them back $105 mil…

www.yumasun.com -- Citing the state's upcoming 100th birthday, Gov. Jan Brewer on Monday asked lawmakers to buy back three buildings at the Capitol that were mortgaged off two years ago to balance the budget. The move will cost the state $105 million out of its current budget surplus. Brewer press aide Matthew Benson said the state has the cash. Benson acknowledged the state actually got only $81 million for the state House, the Senate and the nine-story executive tower that includes Brewer's office when it negotiated a “sale-leaseback'' arrangement in 2010.