Trial to decide price of Dillard’s property

BOULDER — A judge on Friday ruled that a trial will determine the price the city of Longmont must pay Dillard’s Inc. for its department store at the Twin Peaks Mall in Longmont.

Judge D.D. Mallard said the trial could be anytime between Sept. 16 and March of next year as part of the eminent-domain case filed by Longmont officials against Dillard’s Inc. (NYSE: DDS). Dillard’s attorneys had requested that a jury decide the compensation price for the 94,000-square-foot building and seven acres of land. A judge, a three-person commission, or a jury of landowners can decide the compensation amount…