A Newport couple has another eminent domain case in the Kentucky Supreme Court reminiscent of Kelo v. New London.
The City of Newport has a 56-acre tract they want to acquire for the future development of a shopping center; they also have a developer lined up for the project. The question in this case is a bit different than some of the others in that Newport is wanting the Sames to post a $2.4 million bond, typically something more common to cases in which there has been a monetary judgment rendered by a trial court, and the bond is used to ensure that judgment through the appeal process. That isn’t the case here. (article)(Appeals Court case)
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