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Essay

A Proposal for New Eminent Domain Laws

Essay specific features

 

Issue:

English

 

Written by:

George C

 

Date added:

October 16, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2088

 

Was viewed:

2189 times

 

Rating of current essay:

 
Essay content:

Then Costco wanted the land and just three years later they got it. Its not clear whether Costco asked the city if they could move in or if the city asked Costco to move in, but what is clear is that on May 28, 2002 the Cypress City Council voted four to zero to enact the laws of eminent domain to take the land from the Cottonwood Christian Center and then sell it to Costco for a cheaper price (republic)...
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And now the city stands to benefit from about $400,000 of tax revenue a year. The eighteen-acre property was appraised at $17.9 million dollars, but the city only paid "just compensation" for the property, which was determined, by the city, to be $14 million dollars. Costco President and CEO Jim Sinegal said, "Had we been asked, we could have pointed out that we are not a party to any litigation, and do not have a contract to buy any land in Cypress, nor will we have until a judge or the parties themselves resolve their dispute" (ocregistar)...
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General issues of this essay:
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