6/02/2005

Nevada governor gets eminent domain measure: KRNV-TV4 (Reno NV), 6/1/05

By author

A bill restricting the ability of local governments to take private land for redevelopment projects has been sent to [Nevada] Governor Guinn.

The Senate agreed with changes made to the bill introduced by Senator Terry Care to restrict the use of eminent domain by redevelopment agencies.

Care sought the bill as a result of Las Vegas' taking of private property for the Fremont Street Experience a decade ago.

The final version of the bill allows government to take land for open-space purposes but requires good-faith negotiations first.

In the area of redevelopment, the measure would allow the original owner to take the property back if it was not put to use for a project within 15 years.

Owners of commercial property taken for redevelopment also would have to be paid for the loss of business income, not just the value of the property.


KRNV: www.krnv.com