Lowball Watch — Oregon

Word reaches us from Oregon that the Beaverton School District wound up with a $6.7 million verdict against it, on its offer of $1.8 million, for a 15-acre tract of land it took for a school site. See Beaverton School District eminent domain trial ends with $6.7 million verdict, click on http://www.oregonlive.com/beaverton/index.ssf/2014/05/beaverton_school_district_emin_1.html .

The jury deliberated for 10 hours. The jury verdict was 9 to 3. “In addition to the $6.7 million for the 15 acres, the district must cover legal fees for both sides, which could be hefty.” No further details are given.

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