Less we forget, Schwab, when divorced by his wife and had no where to live stayed, with the Dodson's until he got a RDA house he was over qualified for. The City bought the house from the RDA and sold it to Schwab, carrying the loan for some time.
When the failed Schwab plan of the Outdoor Adventure Center was still alive the Dodson property fell out of escrow five times because of the Outdoor Adventure Center. So somehow the City decided to buy the property. The Dodson's were asking $750,000 for 2.80 arces. Two of which are considered marsh when it rains, or swamp if you prefer. Schwab and the Council went into closed session to "negotiate" the price. Schwab represented the city, Gene Carlstrom the Dodson's.
If you remember Mayor Ferre returned from the closed session, there were three if memory serves, and bold faced lied stating that "No reportable action had been taken". Herman Hilkey was on the Council then and stated that the made the deal that first closed session for $2,900,000. That's two million nine hundred thousand dollars. Much more than the $750,000 asked for by the Dodson's.
Hilkey was livid tell the citizens that this was a property the city didn't need and was paying too much for. Then Carlstrom rented the property to his relative for an undisclosed amount. You are correct. It is the good old boys that have increased their weath with the help of some on the council that want Schwab.
The only way this will end is when the Attorney General or the Feds do an audit of the RDA and the City Treasury. It pays to be a F.O.C. (Friend of Council)