Total Taking by City of Monroe
for Expansion of Monroe Airport

Initial Offer: $201,300

Compensation Obtained: $290,000

44% 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 $201,300.00; settlement of $290,000.00 ($88,700.00 or 44% increase).

Principal Damages:

Total acquisition of family's 2 acres of property with one stick-built home and two manufactured homes.

Trial or Settlement:

Settlement

County where Tried or Settled:

Union

Case Name and Number:

City of Monroe v. Love, 09-CVS-595

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.