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Subject:Re: Names?
From:jimt
Date:Sat, 22 Oct 2005 08:02:35 -0600

The supreme court issued a ruling on eminent domain about 3 months before
the mississippi  property rulings.  Basically a state or public government
entity that is permitted to issue domain rulings may take property and have
it reused for the better benefit of the entity.  I.e. They can tear down an
entire older housing area to build a shopping center because it will pay
more taxes.  Here in colorado because of major annexation wars about 20
years ago some very tight domain laws were put on the books.  Chances of
getting them changed to more lenient would be very slim indeed.

Some states however immediately killed every law that limited their
authority to take property.  Economically "depressed" areas went to the
extreme of making it very easy to take the property.  Especially when the
company moving in will be paying about 10 percent of the states annual tax
base.  /will end this here but I could go for a long ways on this one...this
court ruling really PI##ES me off...

Here the city of aurora tried to use the domain laws to order a tear out for
new hotels and stuff.  However the state laws on
compensation/annexation/grand fathering put it out of their budget by
several millions and made the property far to expensive for any developer.

jimt

On 10/21/05 9:31 PM, "Robert Fisher" <refisher@MCHSI.COM> wrote:

> Yeah, maybe it does 'n maybe it don't... go to
>
> www.nissan.com
>
> and check it out. Ought to get yer collective ire up.
>
> Check out the part at the very bottom of the story page as well.
>
> Cya,
> Robert