Those who have a stake in redeveloping communities say the issue's not black - and - white, so it's important that
new eminent domain laws aren't overly restrictive.
Not exact matches
These features, combined with the power to dispense billions in federal and state funds, bond for debt, grant extensive tax breaks, override local land use
laws, and take private property through
eminent domain, makes the ESDC one of
New York's most powerful honey pots.
To seize property by
eminent domain,
New York
law requires the authority to be acting in some legitimate public purpose, like the removal of blight or a threat to public safety or, much more controversially, to spur economic development.
In March 2015, FERC approved the application, granting Spectra broad authority that supersedes
New York State Environmental
Law to take additional parkland in Blue Mountain Reservation by
eminent domain as part of the pipeline upgrade.
Under
New York's
eminent domain law (the «EDPL»), Gyrodyne is also entitled, subject to EDPL Section 514, to statutory simple interest on the additional amount at a rate not to exceed nine percent (9 %) per annum from November 2, 2005, the date of the taking, to the date of payment.
«Court Adds $ 100 Million for
Eminent Domain Taking» by Joel Stashenko appeared in the
New York
Law Journal on July 8, 2010.
Minnesota's
new law limits the power of local governments to use
eminent domain for public uses such as parks, bridges, roads and schools.