Lowball Watch – Virginia

Seacostonline.com of June 20, 2012, reports a jury verdict in Portsmouth,¬†for the taking of two easments across a business property — a bicycle shop named Papa Wheelies. Elizabeth Dinan, City Loses Eminent Domain Lawsuit, Ordered to Pay $125K. The article does not report the city’s offer but its evidence at trial was $18,500. The opinion of the State Land Board (which we presume is sort of like commissioners) was $27,000. The jury verdict was $125,000, or over six times the city’s evidence. To get the story, click here.

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