Detailed text transcripts for TV channel - FOXNEWS - 20120802:23:52:00
As federal money runs out. the cash strapped city is taking ownership and trying to fix the problems. casey stegall in new orleans tonight. what's going on. >> a new process where the city can basically foreclose on a blighted property if the deed holder does not pay their code enforcement violations. what happens next they are then auction dollars off at sheriff's sale where developers are redevelop. none of this happens, we are told, until every attempt is made to reach the original owner. >> some folks, 15 or 16 different addresses for where they could be. what we are starting to hear more ...
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