Who Needs Eminent Domain?
An anonymous developer wants to build on the site of a small, ocean-side, mobile home town in Palm Beach County, Florida, so he offers each resident a million dollars for his home.
The identity of the bidder has not been disclosed by the residents who serve on the park's board. Ken Doyle, president of the corporation that owns the town's 43 acres, would say only that "we're quite sure it's a solid offer."The owners of the mobile homes all are shareholders in the corporation. In early December, it was announced that nearly three-quarters of the residents in this town of 488 homes had voted to appropriate $30,000 to pay lawyers to pursue the offer.
Comments (3)
Yancey Ward
What, government isn't going to get its cut?
Published: December 27, 2005 7:14 AM
Vince Daliessio
This guy deserves a medal. How much do you want to bet that the state or local government tries to throw a wrench into this?
Published: December 27, 2005 12:45 PM
xteve
Vince, absolutely right. It's always been about control, or just the appearance of control. They always claim we need them to take properties or else nothing would get done, & it must enrage them when free people acting freelly can get away with accomplishing things, too.
Published: December 27, 2005 2:46 PM