An Act To Establish a Process for the Determination of a Reasonable Price in the Use of Eminent Domain by the Maine Turnpike Authority
Sec. 1. 23 MRSA §1967, sub-§2, as enacted by PL 1981, c. 595, §3, is amended to read:
Title to any property taken by eminent domain must be in the name of the authority. The authority may not acquire by eminent domain any property or interests unless the authority publicly documents that no other site or design is consistent with public convenience and necessity. The cost of a site or design may not be considered a factor when determining whether the site or design is consistent with public convenience and necessity.
SUMMARY
This bill requires that, when taking property by eminent domain, the Maine Turnpike Authority determine the fair market value of property or interests to be one of the following, whichever yields the highest value:
1. The average fair market value of the property or interests over the previous 5 years;
2. The average fair market value of the property or interests over the previous 10 years; or
3. The average fair market value of the property or interests over the previous number of years equal to the number of years between the previous 2 municipal property valuations for property tax purposes.
The bill also provides that the Maine Turnpike Authority may not acquire by eminent domain any property or interests unless the authority publicly documents that no other site or design is consistent with public convenience and necessity. The bill also provides that the Maine Turnpike Authority may not use the cost of a site or design as a factor when determining whether a site or design is consistent with public convenience and necessity.