A Defeat for Property Owners In the Eminent Domain Battle
This story details how Mount Laurel has won the approval to seize land that a builder owns and has approvals for to sub-divide and develop the property...and thus increase the taxes...to preserve the land as open space.
This flies in the face of the usual rationale for government "taking" of property...which is to take the property and re-develop it with higher taxes in mind; this was the rationale in the highly publicized Supreme Court ruling in New London, Ct.
Check out the Asbury Park Press article for more information: APP.COM Asbury Park Press Online
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