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Landfill Value

By Alan Ackerman

pa href="http://www.stpns.net/view_article.html?articleId=108510854432221511532"STPNS/a/p pemAfter spending the good part of a couple years sending offers back and forth, commissionersnbsp;span id="1229954382407S" style="display: none"nbsp;/spanauthorized eminent domain proceedings a few weeks ago on a property housing an old landfill site.br / br / Monday, the landowner and his attorney met with commissioners to discuss the situation in person.br / br / Wabaunsee County Commissioners and property owner /ema title="Winston Amick" href="http://www.inform.com/Winston+Amick"spanfont color="#990000"Winston Amick/font/span/a, represented by a title="Keen Umbehr" href="http://www.inform.com/Keen+Umbehr"emfont color="#990000"Attorney Keen Umbehr/font/em/a, have been debating the fair rental rate for the property, which KDHE is requiring the county to maintain until at least 2026, with the potential for that requirement to be extended./p pAfter several offers back and forth with no resulting conclusion, commissioners authorized the use of eminent domain to acquire the property, according to a title="Norbert Marek" href="http://www.inform.com/Norbert+Marek"spanfont color="#990000"County Attorney Norbert Marek/font/span/a, who said that the response since that action has indicated that they would rather sell without the eminent domain proceedings.span id="1229954381949E" style="display: none"nbsp;/span/p pstrongLandfill acquisitions are difficult to value. Despite the leakage problem and the issues of single and double lining, old landfills may have substantial value./strong/pimg src="http://feeds.feedburner.com/~r/NationalEminentDomainBlog/~4/492241672" height="1" width="1"/

Full post as published by National Eminent Domain Blog on December 22, 2008 (boomark / email).