1. Court holds condemnation's fate
- Author
-
Davis, Jm
- Subjects
Missouri. Court of Appeals (Western District) -- Influence ,Kansas City, Missouri -- Economic aspects ,J.E. Dunn Construction Co. -- Location ,Business ,Business, regional - Abstract
JE Dunn Construction Co.'s planned new headquarters site may increase the project's cost by $4 million or about 10% according to the condemnation comissioner's valuation. A hired appraiser estimates a block southeast of 10th and Locust streets at $3.5 million dollars per block, about half the court comdemnation commissioners' valuation. Should a Jackson County Circuit Court jury side with the Tax Increment Financing Commission of Kansas City, which seeks to value the property at no more than $35 per square foot, JE Dunn will get the difference between what it paid and the lower price.
- Published
- 2007