Total Taking by City of Monroe for Expansion of Monroe Airport
Initial Offer: $201,300
Compensation Obtained: $290,000
Brief Statement of Claim:
The City of Monroe took road frontage for widening of road adjacent to airport. The City also needed to acquire the whole property in order to allow for a future runway expansion project at Monroe Regional Airport. Offer of $201,300.00; settlement of $290,000.00 ($88,700.00 or 44% increase).
Total acquisition of family's 2 acres of property with one stick-built home and two manufactured homes.
Trial or Settlement:
County where Tried or Settled:
Case Name and Number:
City of Monroe v. Love, 09-CVS-595
Settlement Agreement dated October 1, 2009.
Attorneys for Defendants:
Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.