Why Dakota Dunes?

[Strelnikov_]

http://www.dakotadunes.com/WhyDakotaDunes/Index.cfm

It was more than just the beautiful setting that encouraged Dakota Dunes Development Company, a subsidiary of MidAmerican Energy Holdings Company to build the Dakota Dunes community in Union County, South Dakota. The state of South Dakota offers one of the top-rated business climates in the U.S.:

· No personal state income tax
· No corporate state income tax
· No personal property tax
· No business inventory tax
· No inheritance tax
· No local sales tax


So, where does the money come from to bail out this 'Master Planned Community', complete with two golf courses, as it goes underwater at a site where nothing should have been built in the first place.

http://www.dakotadunes.com/DISASTERRECOVERY.cfm


"I think they screwed up royally, former Gov. Mike Rounds said of the Corps, as he moved some possessions from the riverbank house he and his wife built and moved into after he left office in January.


Fact that you built on a riverbank couldn't have anything to do with it.


http://www.youtube.com/watch?v=fDOZ00A1aos">Rich mans war.


Edit: More of the story from a comment at HuffPost

“There seem to be some strong opinions about the wealthy community of Dakota Dunes getting so much attention and aid as the homes there are threatened­. A little history of the area is required to give this some perspectiv­e.

Dakota Dunes is located in South Dakota, directly on the point where it meets Nebraska and Iowa. The major metro area is Sioux City, Ia, which is a city of about 120,000. Most of the residents of "The Dunes" are transplant­s from this city who make extensive use of the infrastruc­ture there, but pay their taxes to South Dakota. Many doctors and other profession­als have located there to take advantage of South Dakota's lack of income tax, but draw upon the adjacent communitie­s for their customer base.

This tax discrepanc­y between the communitie­s has been a source of contention in the area, as many in Sioux City and the Nebraska community of South Sioux City feel that the wealthy are being allowed to dodge their responsibi­lity to the community. The Dunes was designed as an enclave for the wealthy and includes all the expected amenities, including an Arnold Palmer designed golf course and country club, for which the residents pay very healthy mandatory fees. It was, however, built upon sand dunes in a flood plain against the advice of the Corps.”