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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (146035)	11/7/2005 7:52:15 AM
From: unclewest	Read Replies (1) \| Respond to of 793955

One thing to keep in mind as you read about these cases: "Fair market value" means fair market value for the land the business sits on. If you happen to run a business on that land, the city is under no obligation to compensate you for loss of income, or to cover the costs of reopening your business elsewhere. Unless the laws have changed, I don't believe that is true. I have a friend in SFO and another in NC who were fully compensated for relocating a business when the city redevelopment agency took the property.