Lowball Watch – Missouri

The Springfield News-Leader reports an eminent domain acquisition of a natural gas pipeline easement through a cattle ranch, with the following results. Original offer by the pipeline company – $1800, later increased to $18,307. Commissioners’ award – $327,804. Which, according to our calculator, comes to over 182 times the original offer.

Apparently, neither side is satisfied with this result, so a jury trial will probably follow.

Stay tuned.

For the entire News-Leader story, go to: http://www.news-leader.com/article/20110208/NEWS01/102080331/1002/SPORTS/?odyssey=nav%7Chead

Leave a Reply

Your email address will not be published. Required fields are marked *