Real Estate & Property Law

Dublin Taketh, Dublin Giveth Away

By Alan Ackerman

Columbus Business First

Dublin City Manager Terry Foegler said the city has spent another $21 million on other land acquisitions, right-of-way grants and engineering plans for the project, which carries an estimated construction budget of $24 million.

'This is not about abandoning the construction project,' Foegler said. 'To proceed with the interchange, we will have to acquire that land.'
    
The City of Dublin terminated the acquisition, fully knowing it must return to finish a project.  This simply makes no sense in light of the need to complete a project that it has started.  The owners cannot obtain fair market value so long as the threat of condemnation continues.

Full post as published by National Eminent Domain Blog on May 25, 2010 (boomark / email).