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Author Topic: Eminent Domain and market value  (Read 580 times)

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Offline Trinity

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Eminent Domain and market value
« on: November 20, 2006, 04:47:37 PM »
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  • Prentiss County and the church have been unable to agree on valuation of
    the church's property.
    BY LENA M1TCHELL
    Daily journal Corinth Bureau
    BOONEVILLE - Negotiations have been under way for more than a year between
    Prentiss County and a church that stands in the path of lengthening the
    Booneville-Prentiss County Airport runway.
    Having reached an impasse, county officials have begun eminent domain
    proceedings to acquire property where Ruben Chapel CME Church and a small cemetery
    now stand.
    Trustees of the church have received papers summoning them to court in
    September, said the church's pastor, Rev. Henry Damons Sr.
    "We're praying we do not have to go to trial, and that this be settled
    without going to court," Damons said.
    At issue is conflicting appraisals of the property by representatives for
    the county and the church.
    The church's appraiser, Jack Sabely of Pontotoc, has said the fair market
    value of the property is $285,000, although to rebuild will cost the church
    $340,000.
    The latest offer the church received was $180,000 from attorney Tyler Moss
    on behalf of the
    county, and members of the church voted to not accept the offer.
    "All we're asking for is a fair market value, and they claim they don't have
    the money to give us what we have as the appraised value," Damons said.
    Information was not immediately available as to what other property owners
    may be subject to the eminent domain proceedings.
    However, Chancery Clerk Travis Childers said Friday that settlement had been
    reached with at least one other property owner earlier in the week.

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