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Article Excerpt
The United States Supreme Court recently announced it will hear the case of a group of homeowners from New London, Ct., on an issue of significance to property owners across Mississippi and throughout the country.
At issue in the case, Kelo v. City of New London, is whether the power of eminent domain gives the government authority to seize a person's home, business, farm or other property and turn it over to other private interests for development, with the only public benefit being increased government tax revenues.
The Kelo case arises from a situation increasingly familiar to property owners.
Suzette Kelo owns a home in Fort Trumball, a working class neighborhood of New London. The area was targeted to be "revitalized" under a city development plan to use the property for a luxury hotel, upscale...
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