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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2468703, member: 71510&quot;]If only more people literally saw the forest through the trees.&nbsp; When the biggest hindrance to government is the private citizens - the citizens are long overdue for a review of their government.</p><p><br /></p><p>I have a good (if not long-winded) &quot;one for the little guy&quot; story.&nbsp; I&#039;ve had a piece of commercial property along highway 50 in Nevada since 2003.&nbsp; I saw the expansion coming - and I got way out in front of it.&nbsp; Bought for a modest price just waiting for urban sprawl and expansion.&nbsp; There was an inkling of talk about &quot;USA Parkway&quot; and the Tahoe Reno Industrial Center (TRIC) back then.&nbsp; It is the single biggest boon to expansion for the County - and the state really.</p><p><br /></p><p>Fast forward to 2014.&nbsp; Among all the expansion that is driving the area - Tesla announces their Giga-Factory in the area, and one of the mandates is early completion of USA Parkway that will link Interstate 80 with Highway 50...&nbsp; </p><p><br /></p><p><a href="http://mynews4.com/news/local/usa-parkway-extension-will-cut-tesla-commute" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://mynews4.com/news/local/usa-parkway-extension-will-cut-tesla-commute" rel="nofollow">http://mynews4.com/news/local/usa-parkway-extension-will-cut-tesla-commute</a></p><p><br /></p><p>USA Parkway will link Interestate 80 to US Highway 50 less than a mile from my property.&nbsp; This triggers a giant boom in sales and construction throughout the area.</p><p><br /></p><p>Needless to say - JACKPOT!&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>I put the property up on MLS in January this year - ready for a substantial windfall.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Fast forward 3 months.&nbsp; In April, I get a letter from Nevada Dept of Transportation - they are widening 50, they decided to only widen on my side - and in short - are exercising Eminent Domain rights.&nbsp; I will lose about 60% - 70% of the property to this widening.&nbsp; </p><p><br /></p><p>They sent a long legal-eze letter about how they will value the property.&nbsp; </p><p><br /></p><p>Well, my realtor and I already &quot;valued&quot; the property when we put it up on MLS earlier in the year.&nbsp; I basically set a precedent for all of my neighbors along US 50, and a highly valued price point.&nbsp; </p><p><br /></p><p>This MLS listing came as a shock to the NDOT representative that I spoke to.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />&nbsp; Timing is everything.</p><p><br /></p><p>It will be an uphill battle.&nbsp; After all, the government does move with ultimate impunity, and I am quite sure they will go back to the price I paid and offer a paltry initial amount to make me go away.</p><p><br /></p><p>I am in the process of rallying the neighbors to make sure we are all unified, but having already listed it on MLS at fair market value is a huge boon.</p><p><br /></p><p><img src="http://blog.daysofwonder.com/wp-content/dow-uploads/2009/01/humans-en.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>

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