General Assembly Proposed Bill No. 5622
January Session, 2013 LCO No. 1406
Referred to Committee on HOUSING
Introduced by:
REP. BUTLER, 72nd Dist.
General Assembly
Proposed Bill No. 5622
January Session, 2013
LCO No. 1406
Referred to Committee on HOUSING
Introduced by:
REP. BUTLER, 72nd Dist.
AN ACT CONCERNING THE VALUATION OF REAL PROPERTY ACQUIRED FOR SCHOOL CONSTRUCTION.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 8-129 of the general statutes be amended to provide that if the average amount of two independent appraisals of real property to be acquired by eminent domain for school construction is less than the property valuation for such real property according to the most recent grand list, then the amount of compensation for such real property shall be equal to the property valuation on such grand list.
Statement of Purpose:
To require redevelopment agencies acquiring property by eminent domain to pay the landowner of the property at least the amount of the most recent grand list.