The Minnesota Supreme Court has just handed down an opinion dealing with the often muddled area of valuation of contaminated property that is taken by eminent domain.
The basic problem seems deceptively simple: you take the value of the property, deduct from it the cost of remediation, and – voila! – there is its contaminated value. Unfortunately doing it that way doesn’t work. For one thing, the cost of remediation is not reflected dollar-for-dollar in the value of the property. The cost of decontamination may or may not be fully reflected in the market value of the property’s post-remediation condition, and the post-decontamination market value of the property may not be all that different than it was in the before condition.
Also, since valuation involves consideration of comparable sales, it is likely that at least some of the comparables are also contaminated, and if so, that means that the market has already considered and discounted the cost of decontamination in arriving at the sales price. So deducting the cost of decontamination, would amount to a double whammy on the owner: first, the fair market value of his property arrived at in the eminent domain valuation process (i.e., what an informed buyer would pay for it in a voluntary transaction) would already reflect the diminution in value caused by its contaminated condition, and then, second, he would be charged again, in the form of a deduction for decontamination costs.
Then there is the problem of determining the cost of decontamination – a process that can range from minimal compliance with environmental laws to an all-out “Cadillac” approach that would achieve the highest degree of decontamination.
So the Minnesota Supreme Court took the efficient approach of holding that contaminated property should be valued as if uncontaminated, because the cost of decontamination is taken care of in other proceedings under various environmental laws.
The case is Moorehead Economic Devevelopment Authority v. Anda, Nos. A07-1918 and A07-1930. To read the whole opinion go to http://www.mncourts.gov/opinions/sc/current/OPA071918-0902.pdf
nice one thank you for sharing.
Your comment is awaiting moderation.
You actually stated it superbly.
http://talahicc.com/
cheap canadian drugs
canada drug
prescription drug assistance
canada online pharmacies
Your comment is awaiting moderation.
With thanks! Fantastic information!
http://canadianpharmacymim.com/
compare rx prices canadian online pharmacy mail order pharmacy canada drugs
drugs without prescription
online discount pharmacy
online drugs
canadian pharmacy 365
rx pharmacy
no 1 canadian pharcharmy online
Your comment is awaiting moderation.
Thanks. A lot of facts.
http://canadianpharmacysilo.com/
online pharmacies canadianpharmacy canadian drugstore online canadian pharmaceuticals online
prescription drug cost
pharmacy drug store
canadian pharmacy viagra
best canadian prescription prices
board of pharmacy
drugs for sale
Your comment is awaiting moderation.
You actually said that wonderfully.
http://canadianpharmacyntx.com/
drug price canadian pharmaceuticals online canadian cialis online pharmacies of canada
canadian family pharmacy
compare prescription prices
cialis online
canada drugs online
canadian cialis
best canadian prescription prices
Your comment is awaiting moderation.
Regards. I like this!
http://canadianpharmaciesnnm.com/
internet pharmacy london drugs canada web medical information [url=http://canadianpharmacysilo.com/]canada online pharmacies[/url]
canada pharmacy online
canada pharmacies online pharmacy
cialis online
canadian pharmacy no prescription
canadian pharmacy reviews
online drugstore
Your comment is awaiting moderation.
Nicely put, Many thanks.
https://nicktambone.com/
pharmacy online store canada drug drug stores near me northwestpharmacy
walgreens pharmacy
online canadian pharcharmy
canada pharmacies online prescriptions
online drugs
compare prescription prices
safe canadian online pharmacies
Your comment is awaiting moderation.
Thank you! I appreciate this!
http://canadianpharmaciesnnm.com/
discount prescription drug canadian cialis mail order pharmacies canadian pharmacies without an rx
online drugstore
canadian drug store
candrugstore com
approved canadian pharmacies online
cheap prescription drugs online
web medical information
Your comment is awaiting moderation.
You definitely made your point!
http://canadianonlinepharmacynnm.com/
rx price comparison aarp approved canadian online pharmacies drugs from canada mexican pharmacies shipping to usa
international pharmacies that ship to the usa
cialis canadian pharmacy
canadian meds
canadian pharmacy viagra brand
canadian pharmacy reviews
<a href="rx online!ENDVALUE!&NDA=Required NDA!ENDVALUE!&submit=Submit!ENDVALUE!&ctry=!ENDVALUE!&pc=!ENDVALUE!&hiddencapcha=!ENDVALUE!”>canada drugs online
Your comment is awaiting moderation.
Wonderful information. Appreciate it.
http://canadianpharmaciescubarx.com/
prescription drug cost canadian pharmacies canada drug prices canada drugs online
northwestpharmacy
global pharmacy canada
pharmacy canada
drug stores near me
price prescription drugs
online pharmacy no prescription needed
Your comment is awaiting moderation.
Regards. I appreciate this!
http://canadianonlinepharmacynnm.com/
the canadian pharmacy online pharmacies of canada rx price comparison canada pharmaceuticals online
prescription cost comparison
canadian prescriptions
prescription without a doctor’s prescription
canadian online pharmacies prescription drugs
rx price comparison
prescription drug
Your comment is awaiting moderation.
Fantastic data. Many thanks!
http://canadianpharmaciescubarx.com/
drugs online canada drugs canadian pharmacy online canada canadian online pharmacies
canada pharmacies
prescription drugs canada
rx online
price prescription drugs
canada pharmacies online prescriptions
discount prescription drugs online
Your comment is awaiting moderation.
Nicely put, Thanks.
http://canadianpharmacysilo.com/
canadian pharmacies without prescriptions canada pharmacy online canadian pharmacy no prescription canadian pharmacy online
pharmacy canada
canadadrugs
online drugstore
safeway pharmacy
prescription drug cost
candrugstore com
Your comment is awaiting moderation.
Awesome stuff, Thank you.
http://talahicc.com/
prescription drug canada pharmacy prescription pricing canada drugs
canadian online pharmacy
best canadian prescription prices
canadian drug store
canadian meds
discount prescription drug
prescription drug price comparison
Your comment is awaiting moderation.
Kudos. I like it!
http://talahicc.com/
mexican pharmacy online medications canada drugs mexican pharmacy online medications [url=https://nicktambone.com/]northwest pharmacy[/url]
canadapharmacyonline com
best online pharmacy
canadadrugs.com pharmacy
buy prescription drugs from canada
pharmacy prices compare
canadian pharmacy
Your comment is awaiting moderation.
Thanks a lot! I appreciate it.
http://canadianpharmacyntx.com/
trusted overseas pharmacies canadian viagra canadian pharmacy viagra brand canadian pharmacies online
canadian pharmacy online
prescription drug price comparison
mail order pharmacies
prescription without a doctor’s prescription
canadian prescriptions
best online international pharmacies
Your comment is awaiting moderation.
This is nicely said. !
http://www.canadianpharmacymsn.com/
rx price comparison online pharmacies canada medication costs canada pharmaceuticals online
get prescription online
pharmacy cost comparison
walmart pharmacy price check
online canadian discount pharmacy
international pharmacies that ship to the usa
best online pharmacy
Your comment is awaiting moderation.
You have made the point!
http://canadianonlinepharmacynnm.com/
canadian prescription drugstore canada drug canadian pharmacy no prescription needed canada pharmaceutical online ordering
pharmacy prices compare
online drugstore
canadian pharmacy meds
online pharmacies canada
canada drugs online pharmacy
best canadian prescription prices
Your comment is awaiting moderation.
With thanks! Plenty of write ups.
http://www.canadianpharmacymsn.com/
drugs without prescription canadianpharmacy northwest pharmacy northwest pharmacy
canadian online pharmacy reviews
onlinecanadianpharmacy.com
canada drugs
best online international pharmacies
cheap canadian drugs
northwest pharmacy canada
Your comment is awaiting moderation.
Nicely put. Many thanks.
http://canadianpharmacyntx.com/
canadian pharmacies online prescriptions canadian pharmacies walmart pharmacy price check top rated canadian pharmacies online
buy prescription drugs online
buy prescription drugs from canada
online drugs
costco pharmacy pricing
pharmacies near me
overseas pharmacies
Your comment is awaiting moderation.
Wow lots of great tips!
http://canadianpharmaciesnnm.com/
canada pharmacies canadian online pharmacies pharmacy online mexico [url=https://nicktambone.com/]mexican pharmacies shipping to usa[/url]
canada drugs online pharmacy
canada drugs pharmacy
canadian rx pharmacy online
prescription drug
canadian pharmacies online prescriptions
canadian cialis
Your comment is awaiting moderation.
Fantastic information. Many thanks.
http://canadianpharmacyntx.com/
canada drug prices top rated canadian pharmacies online mail order pharmacy london drugs canada
canadian pharmacy reviews
canadian prescription
pharmacy prices compare
northwest pharmacy canada
pharmacy price compare
canadian prescription
Your comment is awaiting moderation.
Excellent forum posts. Thanks!
http://canadianpharmacysilo.com/
canadian pharmacy viagra brand london drugs canada rx pharmacy canadian pharmacy online
canadian pharmacy online canada
prescription drugs online without
canada pharmacy online orders
legitimate canadian mail order pharmacies
canadian pharmacies that are legit
canadian mail order pharmacies
Your comment is awaiting moderation.
Thanks, Quite a lot of tips.
http://canadianonlinepharmacynnm.com/
canadian drugstore reviews canadian pharmacies online canadian pharma companies mexican pharmacies shipping to usa
board of pharmacy
prescription drugs online without
discount drugs online pharmacy
prescription cost comparison
drugs from canada
canadian pharmacy 365
Your comment is awaiting moderation.
Valuable posts. Kudos.
http://canadianpharmaciesnnm.com/
pharmacies near me northwest pharmacy price prescription drugs aarp approved canadian online pharmacies
buy prescription drugs without doctor
prescription cost comparison
drugstore online
highest rated canadian pharmacies
online canadian pharmacy
highest rated canadian pharmacies
Your comment is awaiting moderation.
Many thanks. Great stuff!
http://canadianpharmacyntx.com/
prescription drugs online without doctor trust pharmacy canada board of pharmacy canadian pharmacies
drugs from canada
canada pharmacies online
canadian pharmacies
drugs online
canadian drugstore reviews
canada pharmacies online prescriptions
Your comment is awaiting moderation.
Incredible tons of valuable information!
https://nicktambone.com/
canada drug northwest pharmacy online drugstore canadian pharmacies online
prescription drug cost
canadadrugs.com pharmacy
legitimate canadian mail order pharmacies
best price prescription drugs
discount drugs online pharmacy
buy prescription drugs online
Your comment is awaiting moderation.
You actually said it exceptionally well.
https://nicktambone.com/
canada pharmacy no prescription online pharmacies canada canadian pharmacies online canada pharmaceuticals online
mexican online pharmacies
prescription drugs online without doctor
best non prescription online pharmacies
canadian discount pharmacy
trust pharmacy canada
no prescription online pharmacy
Your comment is awaiting moderation.
Whoa quite a lot of good info.
http://canadianpharmacymim.com/
web medical information canadian online pharmacy canadian pharmacy canadian viagra
canadian prescription drugstore
overseas pharmacies
us pharmacy no prior prescription
canadian pharmacies shipping to usa
canadian prescriptions
canadian rx pharmacy online
Your comment is awaiting moderation.
Regards, I appreciate it!
http://canadianonlinepharmacynnm.com/
drugs for sale canadian pharmacies without an rx mail order pharmacies [url=http://canadianonlinepharmacynnm.com/]mexican pharmacies shipping to usa[/url]
canadian discount pharmacy
best canadian pharmacies
prescription price comparison
pharmacy online store
prescription online
canadian pharmacies without prescriptions
Your comment is awaiting moderation.
Superb info. Thanks a lot.
http://canadianpharmacysilo.com/
canada pharmacy online reviews canadian pharmacy ed meds online canadian pharcharmy
pharmacy cost comparison
canada pharmacy online orders
canadian discount pharmacy
pharmacies near me
canadian viagra
costco pharmacy pricing
Your comment is awaiting moderation.
Wow tons of wonderful knowledge!
http://canadianonlinepharmacynnm.com/
online pharmacy no prescription north west pharmacy canada international pharmacies that ship to the usa canada drugs
overseas pharmacy forum
canada pharmacies online pharmacy
canada drugs
northwestpharmacy
buy drugs online
get prescription online
Your comment is awaiting moderation.
Very good info. Thank you.
http://canadianpharmacyntx.com/
best online canadian pharcharmy global pharmacy canada canadian prescription drugs north west pharmacy canada
pain meds online without doctor prescription
canadadrugs
canadian discount pharmacy
cheap prescription drugs online
pharmacy price compare
canadian prescriptions
Your comment is awaiting moderation.
You reported it superbly!
http://canadianpharmacysilo.com/
buy prescription drugs from canada online pharmacies of canada canada meds trust pharmacy canada
mail order pharmacy
mexican online pharmacies
ed meds online
online drugstore
prescription drugs online without doctor
buy prescription drugs from canada
Your comment is awaiting moderation.
With thanks. Lots of facts!
http://canadianpharmaciesnnm.com/
canadian meds canada drug canada pharmacies prescription drugs canada pharmaceutical online ordering
discount pharmacy
prescription without a doctor’s prescription
buy prescription drugs online
king pharmacy
canadian meds
trust pharmacy canada
Your comment is awaiting moderation.
Whoa plenty of amazing knowledge!
http://www.canadianpharmacymsn.com/
canada drug canadian pharmacies that ship to us safe canadian online pharmacies canada drugs
online canadian discount pharmacy
canadian drugstore reviews
canadian prescription drugs
canadian mail order pharmacies
pharmacies near me
best canadian online pharmacy
Your comment is awaiting moderation.
You actually reported that really well!
http://canadianpharmacyntx.com/
online pharmacy canada london drugs canada online discount pharmacy [url=http://canadianpharmaciesnnm.com/]trust pharmacy canada[/url]
cheap drugs online
canadian rx pharmacy online
king pharmacy
ed meds online
canadian pharmacies
canada pharmacy online
Your comment is awaiting moderation.
You actually explained this wonderfully.
http://canadianpharmaciescubarx.com/
best online pharmacy canada pharmacy canadian drug stores online canadian pharmaceuticals online
online pharmacy canada
canadian drug store
canadian drugstore online
web medical information
medication costs
mail order pharmacy
Your comment is awaiting moderation.
Awesome facts. Regards.
http://canadianpharmaciesnnm.com/
prescription price comparison canadianpharmacy canadian drug trust pharmacy canada
canadian pharmacy uk delivery
pharmacy without dr prescriptions
drugstore online
canadian pharmacy viagra
web medical information
online rx pharmacy
Your comment is awaiting moderation.
Helpful advice. Cheers!
https://nicktambone.com/
canada drugs online pharmacy trust pharmacy canada buy drugs online canadian pharmacy
prescription drugs without prior prescription
costco pharmacy pricing
most reliable canadian pharmacies
canadian cialis
buy cialis
discount pharmaceuticals
Your comment is awaiting moderation.
You actually explained this well!
http://canadianpharmacyntx.com/
pharmacy prices compare canadian pharmacy online canadapharmacyonline com online pharmacies of canada
best price prescription drugs
canadian drugstore reviews
discount drugs online pharmacy
online discount pharmacy
discount prescription drugs online
canadian pharmacies online
Your comment is awaiting moderation.
Nicely put, Kudos!
http://www.canadianpharmacymsn.com/
prescription drugs online without canadian pharcharmy prescription drug canadian pharmacies without an rx
medication costs
no 1 canadian pharcharmy online
cheap prescription drugs
online canadian discount pharmacy
canadian pharmacy no prescription needed
discount pharmacy online
Your comment is awaiting moderation.
Excellent advice. Thank you!
https://nicktambone.com/
top rated canadian pharmacies online mexican pharmacies shipping to usa meds online aarp approved canadian online pharmacies
drugs online
canada drugs online pharmacy
canadian online pharmacy reviews
prescription online
pharmacy prescription
prescription drugs without prior prescription
Your comment is awaiting moderation.
Terrific info, Appreciate it!
http://canadianonlinepharmacynnm.com/
canadian pharmacy no prescription needed mexican pharmacies shipping to usa best online pharmacies no prescription canadian pharmacies that ship to us
highest rated canadian pharmacies
get prescription online
rx pharmacy
best canadian prescription prices
canada drugs pharmacy
northwest pharmacy
Your comment is awaiting moderation.
Cheers! I like it!
http://www.canadianpharmacymsn.com/
mexican pharmacies shipping to usa global pharmacy canada canadian pharma companies canadian pharmacies
best online canadian pharcharmy
board of pharmacy
canadian pharmacy uk delivery
mail order pharmacy
<a href="online discount pharmacy online pharmacies canada canadian pharmacy reviews mexican pharmacies shipping to usa“>buying prescription drugs canada
online drugstore
Your comment is awaiting moderation.
Many thanks! Quite a lot of information.
http://canadianpharmacyntx.com/
canadian prescription drugs canadian pharmacy online canadapharmacy mexican pharmacies shipping to usa
top rated online canadian pharmacies
drug stores near me
rx pharmacy
online canadian pharmacies
online canadian discount pharmacy
costco pharmacy pricing
Your comment is awaiting moderation.
Terrific posts, Many thanks.
http://www.canadianpharmacymsn.com/
canadian drugs without prescription canadian online pharmacies prescription drug price comparison canada drugs
online pharmacy usa
pharmacy canada
prescription drugs prices
canadian pharmacy
compare prescription prices
canada drugs online pharmacy
Your comment is awaiting moderation.
Seriously tons of awesome facts!
http://canadianpharmaciesnnm.com/
pharmacy price compare north west pharmacy canada canadian pharmacies online online pharmacies canada
canadian pharmacy viagra brand
best online pharmacies no prescription
canada pharmacies online prescriptions
prescription online
<a href="http://www.marieauthouartcreation.fr/?s=+This+is+nicely+put.+%21+https%3A%2F%2Fnicktambone.com%2F+canadian+pharmacies+that+ship+to+us+canada+drugs+drug+stores+near+me+canadian+pharcharmy+%0D%0Aprescription+pricing+%0D%0Apharmacy+price+compare+%0D%0Avisit+poster%27s+website+%0D%0Abest+non+prescription+online+pharmacies+%0D%0Acanadian+pharmacy+viagra+%0D%0Acanada+drug+prices”>international pharmacies that ship to the usa
no 1 canadian pharcharmy online
Your comment is awaiting moderation.
Whoa loads of beneficial material!
http://canadianpharmacymim.com/
canada online pharmacy canadian pharmaceuticals online drugstore online aarp approved canadian online pharmacies
drugs from canada
prescription drugs prices
no prior prescription required pharmacy
medical information online
canadian rx pharmacy online
cialis online
Your comment is awaiting moderation.
Nicely voiced certainly! .
http://canadianpharmaciesnnm.com/
canadian pharmacy online canada london drugs canada costco pharmacy pricing canadian cialis
best online international pharmacies
canadian drugs without prescription
us pharmacy no prior prescription
mexican pharmacies
pharmacy online mexico
canadian drugstore online
Your comment is awaiting moderation.
Seriously loads of excellent data.
http://canadianpharmacyntx.com/
online pharmacy without prescription mexican pharmacies shipping to usa most reliable canadian pharmacies canada drugs
prescription online
candrugstore com
best non prescription online pharmacies
buy prescription drugs without doctor
pharmacy online store
canadian pharmacy no prescription
Your comment is awaiting moderation.
You’ve made the point.
https://nicktambone.com/
trusted overseas pharmacies trust pharmacy canada canadian meds top rated canadian pharmacies online
canadian pharmacy
visit poster’s website
canada pharmacies prescription drugs
safeway pharmacy
approved canadian pharmacies online
<a href="http://www.bryandornan.com/index.php/2010/06/online-reputation-management/#comments?form2mailerror&inquiry=Business+Development&fname=PatrickTinna&lname=PatrickTinna&email=jimmievag%40gmail.com&company=google&phone1=86876192341&phone2=87136142817&phone3=86853761311&comments=You+actually+stated+that+terrifically%21+http://talahicc.com/+pharmacy+prescription+%3Ca+href=%22http://canadianpharmacysilo.com//%22%3Ecanada+pharmaceuticals+online%3C/a%3E+canadian+pharmacies+online+prescriptions+%3Ca+href=http://canadianpharmacysilo.com//%3Ecanadian+pharmacies%3C/a%3E?form2mailerror&inquiry=Business Development&fname=Quentingroow&lname=Quentingroow&email=zittel020eejf@songwriter.net&company=google&phone1=82771435249&phone2=89867335771&phone3=84771534993&comments= Excellent stuff. Thanks! http://canadianpharmaciescubarx.com/ ed meds online online pharmacies of canada canada online pharmacy canadian online pharmacies canada drugs canada drugs pharmacy canada drugs compare rx prices legitimate online pharmacies best canadian mail order pharmacies“>buy online prescription drugs
Your comment is awaiting moderation.
Cheers! Lots of tips.
http://canadianpharmaciesnnm.com/
canadian pharmacy 365 northwestpharmacy prescription cost global pharmacy canada
price prescription drugs
best non prescription online pharmacies
the canadian pharmacy
pain meds online without doctor prescription
mexican pharmacies online
<a href="http://www.tomaselli-vs.com/?s=+With+thanks.+Terrific+stuff%21+http%3A%2F%2Fcanadianonlinepharmacynnm.com%2F+pharmacy+prescription+canadian+drugs+canadian+pharmacies+top+best+canadian+online+pharmacy+%0D%0Acanadian+pharmacies+that+are+legit+%0D%0Aonline+pharmacies+no+prescription+%0D%0Amexican+pharmacy+online+medications+%0D%0Anorthwest+pharmacy+canada+%0D%0Acanada+pharmacies+prescription+drugs+%0D%0Acanadian+pharmacy+uk+delivery”>online pharmacies no prescription