eminent domain

eminent domain - Tues and Thurs 1:30 Eminent Domain Summary...

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Tues and Thurs 1:30 Eminent Domain Summary In New London Connecticut, the government seized houses in order to pave the way for new development. The houses were seized legally under the eminent domain, which gives the government the right to seize property as long as it’s for the common good. New London has been a struggling city with a high unemployment rate. A Navy base once stood in the city but was relocated. As a result, the city lost over a thousand jobs, which added to their already struggling unemployment rate. Pfizer Pharmaceutical Company built a 350 million dollar research center in the city, which helped revive the city. The houses that were being taken by the city were in the way of new development plans for other private properties such as new high-end homes and hotels and office buildings. Housing officials would like to make the new houses for the Pfizer employees and they want open space to make these houses and they don’t want to have to build them around the old homes that sitting on the land right now. The city had offered to a pay a fair price for the
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This note was uploaded on 09/08/2010 for the course BUS 186 at San Jose State.

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eminent domain - Tues and Thurs 1:30 Eminent Domain Summary...

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