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Old 08-19-2005, 11:00 PM   #39
Prudence
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Quote:
Originally Posted by Scrooge McSam
But, Alex, did the imminent domain proceedings go through, or were they stopped while they were being contested?

Prudence?

Urg. Sorry -- classes start Monday so I'm back to only reading cases I *have* to read.

I'm not entirely sure that the developers/city would win on both property values and rent. They have a strong argument, but it's possible the homeowners could make a good policy argument that siding with the developers on both matters would unduly deter homeowners from fighting such proceedings. And given the reluctance with which eminent domain is supposed to be applied, the benefit might go with the homeowners.

Did they collect property taxes? I guess I didn't see one way or the other. Although I guess they wouldn't be able to collect both rent and property taxes.

I'm totally exhausted after spending the evening at the hospital with Ryan (they don't think it's appendicitis after all) so my brain has that not so fresh feeling. There's a well-reasoned argument in there somewhere but I can't find it at the moment.
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