Ithaca Blog

Thursday, May 07, 2009

Money, the Cayuga Trail, Eminent Domain, and Money

It is curious, in all the hubbub about some property owners in the West End blocking the development of the Cayuga Trail, and the threats against them of eminent domain, that nobody is mentioning actual money.

We imagine that if a business were offered $500 for a right-of-way through 5 of its parking spots, it might fight. To use another extreme example, in order to make the point, we imagine that if it were offered $5 million, it would offer to help shovel.

Has the city made firm offers to these property owners for the various rights-of-way? Have the property owners made counter-offers?

Are the money matters confidential? If so, it's hard to know who is being reasonable and who isn't. It seems about time to clear the air.

Steve Burke
for Ithaca Blog

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