Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: notpoliticallycorewrecked
I was wondering the same. The potential for being sued and getting an adverse judgment must be on the minds of a lot of officials in California who might be considering eminent domain issues.

I would like to have seen this project go forward. I know that there are people who have been ruined financially. However, I could not support taking the land by force and turning it over to a private developer. That being said, Mr. Ho has as much right to buy and sell at a profit as anyone else. However, he is unlikely to get a better deal than the city offered anytime soon.

6 posted on 12/19/2007 9:36:01 AM PST by Enterprise (Those who "betray us" also "Betray U.S." They're called DEMOCRATS!)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Enterprise
As I understood the history from the previous thread, the property owner bought the property back in the 90s at a distressed price. He then planned to develop it.

The court found that the City actively interfered with his ownership by first getting the property declared a wetland (or similar protected status) by the State when previously it had not been listed as such, and then proposed modest relief of buying it from him at a price similar to what he paid but one twentieth of its current market value as development property.

I have a friend that lives in a housing development there that I understand is on the ocean side of the highway and this is on the non-ocean side of the same highway.

9 posted on 12/19/2007 9:59:55 AM PST by KC Burke (Men of intemperate minds can never be free...their passions forge their fetters.)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson