bozothedeathmachine
Muse
- Joined
- Jul 28, 2003
- Messages
- 649
Note: This is about Wasilla, AK. Of course, Palin in mentioned, but it doesn't have much to do with her, at least not in the context of this post.
Linky
I'm no fan of eminent domain. I think it's exploited often enough to have it banished from the books. So this made me giggle.
Linky
I'm no fan of eminent domain. I think it's exploited often enough to have it banished from the books. So this made me giggle.
And another bit (bolding mine)After Ms. Palin left office, the city decided to take 80 acres of Mr. Lundgren's property through eminent domain. An Alaska court confirmed the city's right to do so and ordered that an arbitrator determine the appropriate price.
Last year, the arbitrator ordered the city to pay $836,378 for the 80-acre parcel, far more than the $126,000 Wasilla originally thought it would pay for a piece of land 65 acres larger. The arbitrator also determined that the city owed Mr. Lundgren $336,000 in interest. Wasilla's legal bill since the eminent domain action has come to roughly $250,000 so far, according to Mr. Klinkner, the city attorney.
Stupid free market. Entertaining two potential buyers at once grumble grumble grumble...The McCain-Palin campaign referred questions about the sports complex to Mr. Leonard, the former city finance chief. He blamed the Nature Conservancy for dealing with two different potential buyers at one time. "That's what caused the confusion," he said.