Cash offers skyrocket as much as seven-fold for landowners resisting Keystone
Source: Canadian Press
Cash offers have been skyrocketing, as much as seven-fold, for holdout Nebraska landowners who are willing to sign quickly to allow the Keystone XL pipeline onto their property.
The landowners say theyve received written offers from pipeline builder TransCanada Corp. in the last few weeks offering exponentially more money than initially promised, on the condition that they sign soon.
Those offers are pouring in at a pivotal moment for the Canada-U.S. pipeline, whose proponents hope to start building this year.
One family says it was initially guaranteed $8,900 (U.S.) in 2012 to allow the pipeline through its farm. Now, according to an offer sheet dated Jan. 13, 2014, the figure has surged to $61,977.84. But, just like that old marketing slogan says, the offers good for a limited time only. Included in the price tag is a $27,000 signing bonus that shrinks the longer they wait after 30 days it falls to $18,000, then after 45 days it disappears entirely.
Read more: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/cash-offers-skyrocket-as-much-as-700-per-cent-for-landowners-resisting-keystone/article16504943/
alsame
(7,784 posts)movie "Promised Land".
djean111
(14,255 posts)like that woman in Texas.
AngryAmish
(25,704 posts)Iirc, this pipeline will be buried.
My advice, hold out and make them litigate.
last1standing
(11,709 posts)The states will confiscate the land under the Eminent Domain Doctrine if the deal goes through. When that happens, those who held back will only get fair market value.
I definitely support their goal, but there is no chance they can stop this deal by refusing to sell. Our only chance is by putting massive pressure on congress and the president. That means withholding your vote for any politician who votes in favor of Keystone XL.
oldandhappy
(6,719 posts)I have a lot of respect for the landowners resisting the pipeline. I am grateful for their courage.
Sunlei
(22,651 posts)plus the rest of your property will forever have a 'major pipeline' as a neighborhood blight.