Re: Penalized for being efficient?
- From: Larry G <gross.larry@xxxxxxxxx>
- Date: Fri, 20 Mar 2009 03:58:48 -0700 (PDT)
On Mar 19, 10:07 pm, "rshe...@xxxxxxxxx" <rshe...@xxxxxxxxx> wrote:
On Mar 19, 9:14 pm, Free Lunch <lu...@xxxxxxxxxxxxxx> wrote:
Before the interstate system and 90-10 fed financing, only states
built toll roads because they could issue hundreds of millions of
dollars in bonds and also the states, and the respective toll road
authorities had eminent domain.
do you really want to give a private, for profit company eminent
domain?
yes - but as a last, last resort when every attempt at willing buyer -
willing seller has been made and essentially one or two properties are
holding the entire route hostage...
as opposed to a government agency marching through an area NOT dealing
on a willing buy-willing seller basis and a strong implication that
they will "take" the property if you don't take their offer.
Put a requirement on both private and DOTs that 95% of the right-of-
ways have to be obtained NOT by ED.
The biggest problem when DOTs do this is that they have to budget for
a road and they decide ahead of time about how much they can afford
for right-of-way acquisition and if it really is not enough - they
basically use ED as leverage.
A private company... could do things like acquire larger parcels or
even ancillary parcels that could be later developed in combination
with properties near the road thus enabling higher offers for
landowners holding out.
I've watched several developer-built roads in our area proceed in this
manner - and they got built in less than 2 years while we STILL have
other DOT roads on (in theory) "build" lists for more than a
decade...
Now.. to be perfectly honest.. we have another road being built by a
developer that has been an unmitigated disaster through a series of
bad decisions and overt threats of ED as the STARTING point for
negotiations.
So.. private needs to be strictly controlled with respect to ED also.
.
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