Public Use Question Stops Land Development on Unanimous Vote. 3 Reasons Why.

• Does a development project, that receives, some public financing qualify the entity to use eminent domain in Arkansas?
  • No one at the Little Rock Tech Park Authority knew for sure.
  • But, a former elected official, of the Democrat persuasion, put of staunch resistance to eminent domain authority
• What’s the problem for them with using eminent domain? 
  • Costs more money to use eminent domain than to negotiate
  • Any time spent in court fighting over eminent domain costs the project time and money
• Voting Members of the Tech Park Authority support higher offer prices to the property owners.

UALR Public Radio | Tech Park Again Faces Finance And Eminent Domain Troubles