The Small Business Administration has opened case no 11534 re: SBA Loan No. 678-053-5005 re: ST. AUGUSTINE AQUARIUM LLC owned by SHAWN & KATHY HEISTER, premised upon a "Letter of Intent" the HEISTERS demanded. SBA attorney Linda George says it is illegal to lend money (SBA or bank) for building on former landfills, and illegal to lend SBA funds for Planned Unit Developments. The HEISTER's scheme -- since rejected by our community and our Commissioners -- would have been both a building on a former landfill and a PUD.
The HEISTERs falsely represented on the Internet that they own the land and wer "donating" it fo the profit-making AQUARIUM.
SBA OIG is investigating.
SBA staff is considering reversing the loan approval.
That's a good thing.
Make disclosures.
Demand answers.
Don't let shady "developers" damage our environment or reputation ever again.
Don't let anyone sell our public lands to developers.
As Woodie Guthrie put it best, in song, "This land is your land."
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