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Future Expansion in Jacksonville

By Alan Ackerman

pa href="http://www.bizjournals.com/jacksonville/stories/2008/12/15/story4.html"Biz Journal/a/p pemspanspanJACKSONVILLE/span/spanspanspan mdash; The Jacksonville Port Authority is looking at alternative ways to acquire waterfront property for future expansion./span/span/em/p pemspanspanThe authority is discussing with several property owners the possibility of entering a long-term lease or an owner-financing arrangement. Under the latter, which the authority prefers, the original landowner would hold the mortgage and the authority would own the property and make annual payments, said David Kaufman, the authorityrsquo;s senior director of planning and properties./span/span/em/p pemspanspanAttempted land acquisitions recently have been marked with legal disputes and a game of musical chairs, as in the case of the authority originally wanting to place the /span/span/emema href="http://www.bizjournals.com/jacksonville/gen/Hanjin_Shipping_Company_Ltd._A0D4CBA6DEF14654969C9A586FCDCDB6.html"spanstrongspanHanjin Shipping Company Ltd./span/strong/span/aspanspan on the 167 acres owned by /span/span/emema href="http://www.bizjournals.com/jacksonville/related_content.html?topic=Zion%20Jacksonville%20Limited%20Partnership"spanbspanZion Jacksonville Limited Partnership/span/b/span/aspanspan. The authority later balked at using eminent domain and instead opted to have Hanjinrsquo;s terminal share Dames Point with the TraPac Terminal./span/span/em/p pemspanspanKaufman said the authority is discussing alternative deal structures with the propertyrsquo;s owner, Abraham Zion./span/span/em/p pnbsp;/p pstrongspanspanIt is amazing that there was once a 'need' to condemn private property for a user who chose not to buy, but rather acquire through a governmental agencies powers to acquire.nbsp;Apparently the 'necessity' was not there.nbsp;/span/span/strong/p pnbsp;/p pstrongspanspanBut for the Brigham Moore Firm properly defending the eminent domain action by obtaining just compensation, the owner would have been deprived of basic constitutional rights.spannbsp;nbsp;nbsp; /span/span/span/strong/pimg src="http://feeds.feedburner.com/~r/NationalEminentDomainBlog/~4/489058597" height="1" width="1"/

Full post as published by National Eminent Domain Blog on December 18, 2008 (boomark / email).