|
Tractor Talk Discussion Board |
Final Outcome in the New London emminent domain ca
[ Expand ] [ View Replies ] [ Add a Reply ] [ Return to Forum ]
Posted by Matt from CT on August 22, 2006 at 18:32:02 from (24.181.190.99):
Since I know it was big here: -- Everyone has agreed to move voluntarily (no forced evictions) and drop any remaining lawsuits
-- The State of CT ended up adding $2.3 million to the original $1.7 million New London had taken the properties for ($4 m. total)
-- $1.1 million charged in rent since the properties were seized to those still living in their homes was waived (That doesn't sound right to me...what where they charging, 10% of the value per month in rent or something??? At any rate, it sounds like "monopoly money" to me that no one ever planned to pay or expected to receive)
-- The lead plaintiff (Kelo) will have her existing house moved to a new location within the city
-- Another plaintiff has the right to purchase a new home *if any are built* in the area at a fixed price (it's unsure if some new housing / condos will be built eventually)...I assume that means he can buy a new house for the same price he was paid for his taken property. Depending on how you slice and dice the math and what the lawyers took, we're talking well over 100% and pushing 200% premium over what NL originally wanted to pay for the properties.
Replies:
Home
| Forums
| Order Support
Today's Featured Article -
New Hitches For Your Old Tractor - by Chris Pratt. For this article, we are going to make the irrational and unlikely assumption that you purchased an older tractor that is in tip top shape and needs no immediate repairs other than an oil change and a good bath. To the newcomer planning to restore the machine, this means you have everything you need for the moment (something to sit in the shop and just look at for awhile while you read the books). To the newcomer that wants to get out and use the machine for field work, you may have already hit a major roadblock. That is the dreaded "proprietary hitch". With the exception of the
... [Read Article]
Latest Ad:
one 8n and one 9n tractor. totaly restored,pretty much everything is new. one 6ft blade good shape.
[More Ads]
Copyright © 1997-2026 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
