--- In AsburyPark@yahoogroups.com, "wernerapnj" <[EMAIL PROTECTED]> wrote: > --- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote: > > --- In AsburyPark@yahoogroups.com, "Skip Bernstein" <[EMAIL PROTECTED]> wrote: > > > What's The Fish gonna do; steal the Pony from himself? > > > > > > > Sorry, I looked into it already, the city can't condemn any property > in > > the waterfront without Asbury Partners, permission. > > Just some clarification. The only entity that can exercise the power of > eminent domain is the City. They do not need the permission of anyone. > The process is that Asbury Partners makes a request of the City to use > that power.
Werner, I respectfully disagreee with the need of consent of Asbury Partners. Clearly, the city is the one with the power of eminent domain and only they can exercise it. However, I beleive that the agreement states that the city agrees only to condemn property in the waterfront at the request of Asbury Partners. Thus, I think it is tantamount to requiring its consent. If it were not so, the city could have sold the development rights to Partners an then condemned them back. I had looked into this in regard to getting back our historic structures. I don't think they condemn Partners' properties in the waterfront area. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/