April 8, 2013

City of Longmont will talk Tuesday on taking Dillard’s

City officials in Longmont on Tuesday will discuss a plan to exercise eminent domain on the Dillard’s department store at Twin Peaks Mall as part of an $80 million redevelopment of the shopping center, according to the Boulder County Business Report.

City council members, acting as the Longmont Urban Renewal Authority, or LURA, will consider a recommendation from Brad Power, the city’s economic development director, to authorize the use of “eminent domain,” according to an agenda document posted on the city’s website. “Eminent domain” is a term used to describe a government’s legal right to take private property for public use after compensating a property owner.

“Staff and LURA legal counsel have determined that the prospect for a successful and timely resolution to the negotiations between (mall redeveloper) NewMark Merrill and Dillard’s is no longer feasible,” the agenda document said.

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City officials in Longmont on Tuesday will discuss a plan to exercise eminent domain on the Dillard’s department store at Twin Peaks Mall as part of an $80 million redevelopment of the shopping center, according to the Boulder County Business Report.

City council members, acting as the Longmont Urban Renewal Authority, or LURA, will consider a recommendation from Brad Power, the city’s economic development director, to authorize the use of “eminent domain,” according to an agenda document posted on the city’s website. “Eminent domain” is a term used to describe a government’s legal right to take private property for public use…

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