wellen, on Feb 28 2006, 12:25 PM, said:
IMHO.
Only one jury. The previous "jury' was a judge who found the case WAS a valid emenient domain taking. The jury was only to determine the VALUE of the property. Future income is NOT a valid consideration. Only replacement value. Besides how was Cassaday earning money on his property? He lived there. The jury awarded more than the already inflated value placed by the three owners. They let emotion take over, how can that not be excessive.
Riverplace torn down their buildings themselves. They didn't maintain them because they had no intention of keeping them.
The statement about this never happening again doesn't hold water. This same situation could happen with expansion of the Palmetto Expo Center for instance. Future juries drawn from the area will likely remember this case as well.
Every dime these three received over what the property was worth, is money taken from taxpayers. TIF funds primarily come from when property is IMPROVED. These three didn't make significant improvements to their properties.













