Tag Archives: market value

Spectra responds in pipeline certificate rulemaking 2018-08-24

As we’ve seen so often in the Sabal Trail docket, Spectra seems to be acting in place of FERC, responding yesterday to thousands of comments on FERC’s certificate rulemaking.

Spectra’s bottom line: a pipeline company’s bottom line matters more than the Fifth Amendment due process, or water, air, or safety. See page 25:

Contrary to some commenters’ arguments, the Commission’s public interest determinations are not rendered insufficient under the Fifth Amendment public use requirement because the Commission considers precedent agreements among applicants and affiliates to be evidence of public benefits.

Spectra repeatedly argues that FERC does not have authority to consider hardly anything other than whether the pipeline company has customers, yet FERC has authority to give eminent domain to private corporations and to let them gouge through our lands and under our rivers without local agreement or payment first.

Page 9: Tolling Orders, Pages

In this election year, you can ask every candidate for statehouse or Congress whether they support Continue reading

Stigma and market fear count, says jury over Sabal Trail

A jury slapped Sabal Trail’s pet consultants with the stigma of market fear:

Sabal Trail contended that there are no damages to market value based on market fear or stigma.

…the jury rendered a verdict in the amount of $309,500. This, of course, is over five-times the amount offered by Sabal….

Perhaps farmer Randy Dowdy is also right to object to Sabal Trail’s soil mixing consultants. And I wonder how this precedent might affect other property takings cases.

Lake Erie Road and Bay Lake Road,, Sunderland Groves
Photo: Mark Skogman for WWALS on Southwings flight 2 February 2017 of Sunderland Groves on Lake Erie Road near Bay Lake Road, 28.4775900, -81.9026000

Brigham Property Rights Law Firm ( http://www.propertyrights.com), PRWeb, 20 March 2018, Jury Sides with Property Owners in Eminent Domain Suit with Sabal Trail Pipeline, Continue reading