The Cherokee Tribune reports a jury award over twice the city’s offer. The subject property was commercial, improved with a glass shop. The city offered $160,000. City’s appraisers opined to a value of $145,000. The jury verdict was $305,000, plus interest. The court also awarded the owners attorney fees in the amount of $26,000. Devin Zimmerman, Jury Awards Kokomo Glass Shop $305,000 in Eminent Domain, Cherokee Tribune, March 18, 2019.
https://www.tribuneledgernews.com/extra/news/jury-awards-kokomo-glass-shop-in-eminent-domain-case/article_ec41a607-2068-5d40-b885-7755e7e3b02b.html