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Newsjock

(11,733 posts)
Sun Jan 26, 2014, 05:41 PM Jan 2014

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 they’ve 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 offer’s 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/

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Cash offers skyrocket as much as seven-fold for landowners resisting Keystone (Original Post) Newsjock Jan 2014 OP
They should all watch the alsame Jan 2014 #1
If (when) the pipeline is approved, I wonder if they can just lose their land to eminent domain, djean111 Jan 2014 #2
They can get an easement via eminent domain AngryAmish Jan 2014 #4
Might as well take it. last1standing Jan 2014 #3
Must be extremely hard to say 'no' oldandhappy Jan 2014 #5
That pipeline will be there for many years. even 60k doesn't seem enough to lose your land forever. Sunlei Jan 2014 #6
 

djean111

(14,255 posts)
2. If (when) the pipeline is approved, I wonder if they can just lose their land to eminent domain,
Sun Jan 26, 2014, 05:59 PM
Jan 2014

like that woman in Texas.

 

AngryAmish

(25,704 posts)
4. They can get an easement via eminent domain
Sun Jan 26, 2014, 06:13 PM
Jan 2014

Iirc, this pipeline will be buried.

My advice, hold out and make them litigate.

last1standing

(11,709 posts)
3. Might as well take it.
Sun Jan 26, 2014, 05:59 PM
Jan 2014

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)
5. Must be extremely hard to say 'no'
Sun Jan 26, 2014, 06:24 PM
Jan 2014

I have a lot of respect for the landowners resisting the pipeline. I am grateful for their courage.

Sunlei

(22,651 posts)
6. That pipeline will be there for many years. even 60k doesn't seem enough to lose your land forever.
Mon Jan 27, 2014, 04:31 AM
Jan 2014

plus the rest of your property will forever have a 'major pipeline' as a neighborhood blight.

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