A VISIT TO THE REAL WORLD
OF THE KELO DECISION

In Kelo v. City of New London, the U.S. Supreme Court said that if a
government thought it was a good idea to condemn private property through
eminent domain and hand it over to a private developer - if public officials
thought that would forward the public purpose of economic development -
well, the nine justices would defer to those local officials' informed
judgment. That was in June 2005. So how are things going in New London,
Conn, two and a half years later? According to reports in the New London
Day, not so well. The private company chosen to redevelop the Fort Trumbull
area, Corcoran Jennison, has missed several deadlines for securing financing
and hasn't built a single one of the luxury apartments and townhouses that
are supposed to begin to revivify the area. The city has given them another
six-month extension to get their financing together. Meanwhile, the first
condemnation notices for the homes and businesses that once stood in the
neighborhood went out a full seven years ago. Oops! 12-20-07

Reprinted by permission of NJL
http://www.njlnews.com/daily_briefing/

Good Neighbor Committee
P.O. Box 155 - La Salle, CO  80645
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