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Total Taking by City of Monroe for Expansion of Monroe Airport
Initial Offer: $295,900
Compensation Obtained: $408,000
38% Increase
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 $295,900.00; settlement of $408,000.00 ($121,100.00 or 38% increase).
Principal Damages:
Total acquisition of family's 3.6 acres (three parcels) of property with one stick-built home and one manufactured home.
Trial or Settlement:
Settlement
County where Tried or Settled:
Union
Case Name and Number:
City of Monroe v. Simons, 09-CVS-599
Date Concluded:
Settlement Agreement dated October 1, 2009.
Attorneys for Defendants:
Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.