Lowball Watch — Arkansas

ArkansasOnline.com/news of October 21, 2016, reports that the State Highway and Transportation Department, having deposited $639,000 into court, but having been confronted with the owners’ appraisal of $1,600,000, thought better of it and settled via a consent judgment for $1,525,000.

The initial bone of contention was that the State’s initial deposit failed to take into account the substantial impairment of access to the remainder caused by the partial taking, and the loss of parking on the remaining land, after the partial taking.

http://arkansasonline.com/news/2016/oct/21/land-suits-costing-state-city-after-i-4/?f=news-arkansas