The U.S. Court of Federal Claims has recently awarded more than $3 million as compensation for the federal government taking a recreational easement under the federal rails-to-trails program. Relying on appraisal testimony, including matched-pairs and cost-to-cure analyses, the CFC awarded “the amount of $3,177,365, representing $1,267,200 for the encumbrance plus severance damages of $755,165 representing the cost to cure the harm to the property adjacent to the trail, and $1,155,000 for lost access.”
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.