Estimated legal Fees for the City of Culpeper: $1 Million
The Appraisals for the land being seized by eminent domain:
- Low Appraisal: $130,000
- High Apprisal: $3.4 million (including damages)
Amount of the Bond the city had to place in escrow: $466,467
The value of a deed of trust held by a Maryland bank on the $466,467 escrow account: $1.6 million
Offer for land in fair market value transaction: $16.1 million
Fredericksburg Free Lance Star | Culpeper landowner battling town…