Magellan Pipeline Seeks Eminent Domain on Slice of Property
“How much would you pay for a .17-acre piece of land to bury something?
Magellan Pipeline Company LP, a subsidiary of Magellan Midstream Partners LP of Tulsa, says it’s willing to chip in $468 for such a segment in North Little Rock.
The company has filed a petition in Pulaski County Circuit Court to condemn the land, owned by Jayvian J. Johnson, after he declined to respond to its original offer of $3,065, according to court documents submitted earlier this month.
The company is seeking a 50-foot permanent easement and right of way for the pipeline and a 30-foot temporary easement as a workspace on the lot.
Attorneys for the company wrote that the $468 figure was a fair amount for the easement and that the company had eminent domain authority to take private property.”
Arkansas Business 26 January 2015.