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Real Estate & Property Law

: Law of the Land

Missouri Joins States that Recognize Inverse Condemnation Actions for Condemnation Blight

By Patty Salkin

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The city declared a retail shopping center blighted in May 2003 and entered into a redevelopment agreement with a developer in May 2004. By August 2005, the city had cancelled the agreement, and started to solicit tax increment financing (TIF) proposals for the property. In October 2005, the city re-designated the property as blighted under [...]

Full post as published by Law of the Land on July 01, 2008 (boomark / email).

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