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Old 10-02-2023, 07:45 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Stu from NYC View Post
Very true but up north they used it to help retail business get landed they wanted to build stuff.
Sometimes, corrupt local Governments will authorize eminent domain or tax-free municipal bonds to build retail stores, claiming that they are needed for the best interest of the local community. Usually, it is not a good application of eminent domain.

But, when the Corps of Engineers builds a dam to protect millions of dollars worth of downstream private property from flood damage, they need to create a lake upstream of the dam. In that case, they need to purchase a large number of houses using eminent domain. Without the power of eminent domain, most flood control dams could never be built.