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1 posted on 12/29/2006 12:09:03 PM PST by PurpleMountains
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To: patton
So far, they are several years into the taking, whereby
hundreds of home owners and businesses were kicked out,
and $93.3 million dollars in bonds was raised to fund the
endeavor. The citizens of Charlotte County are now paying
$5.3 million dollars a year in interest on these bonds
($14,300.00 per day), and the first developer chosen was
found not to have the expertise or the resources to do the job.


egads!
2 posted on 12/29/2006 12:39:45 PM PST by leda (The quiet girl on the stairs.)
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To: PurpleMountains; leda; patton
Are any of you familiar with "Conservation Easements" in FL?

As was explained to me, if a developer needs a permit from the state DEP, they may demand a conservation easement (CE)in exchange for the permit.

With a CE given to the state, the property owner forever gives up the right to develop a portion of his property. The slick thing is, title is still held by the owner, it is not eminent domain but the usual rights associated with clear title are given to the state.

I have been told that the amount of land given in CE is up to the bureaucrat one has to deal with. So much for the rule of law where we know what the rules are.
5 posted on 12/29/2006 2:54:39 PM PST by Jacquerie (Democrats soil institutions.)
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