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July 21st, 2005

stas: (Default)
Thursday, July 21st, 2005 07:14 pm
Ещё об eminent domain и отборе домов в пользу экономического развития:

The city of Boston couldn't accumulate enough land to build the gleaming new $800-million convention center it wanted on the south side of town. So the city government used its powers of eminent domain to snatch about 20 properties from private owners to provide space for the center, justifying the seizure on the grounds that the new center would boost the local economy. Today, the recently opened Boston center sits idle much of the time. First-year bookings and attendance were only one-sixth of what the city projected. Taxpayers now find themselves on the hook not only for the center's construction cost but also for its operating deficit.
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