Welcome to the Future!
In supporting the newly formed texas Property Rights Initiative, the Texas and Southwestern Cattle Raisers Association representative mentioned 3 issues about eminent domain compensation:
WHO: Texans for Property Rights Initiative includes:
The city imposing a short term rental ordinance: Nashville, TN
The highlights from the Nashville ordinance:
What was unconstitutional? The ordinance was too vague, but the 3% cap completely A-OK
Model Legislation from ALEC is moving in TN after having passed in AZ.
Reason | Nashville’s Airbnb Regulations Ruled Unconstitutional
Add Montgomery County to the list of counties that oppose eminent domain for proposed high speed rail from Houston to Dallas.
The vote: unanimous
The common theme among commissioners: An opposition to a private company seizing private property.
The resolution:
WHEREAS, Montgomery County finds that any high-speed rail lines and facilities crossing county roads is not desirable; and
WHEREAS, Montgomery County values the protection of real property rights…
Eminent Domain by the numbers:
Gearing up for an intra-industry fight: Texas Mineral Owners vs. oil and gas industry
What’s triggering the beef between these 2 groups? Whether companies can drill horizontal wells that reach across different lease lines
From the Texas Mineral Owners’ side: Mineral Leases often prohibit pooling. Pooling is seen as:
From the oil and gas side: companies have histroically pooled adjoining leases
If an entity wants to acquire land, and may or may not have the power of eminent domain, how does the entity acquire land?
By offering above market value for land. At least, that’s what Texas Central Rail is offering to avoid eminent domain.
Community Impact | Rural residents, high-speed rail proponents clash at community forum
What land near UFOs is there a pre-eminent domain negotiation for value? The Groom Mining Land near Area 51
What value does the property owner appraisers give the land? $44 million and $116 million
What’s the offer from the federal government? $333,300 with a final offer of $5.2 million
What factors do the property owners say factor into the land’s value?
Where is this happening? New York City
What’s happening? Short term rental company, AirBnB, agreed to track property owners who have are renting out multiple locations
Why does this matter? 2 reasons:
1. It typifies local ordinance quagmires over short term rental ordinances.
The Wall Street Journal looks at the tie between land use regulations and
What protections do local governments say land use regulations provide: