Question

In: Economics

I’ve been planning to build a barn in my yard. Suppose the P.County Planning Commission...

I’ve been planning to build a barn in my yard. Suppose the P. County Planning Commission passes a regulation that prohibits barn building because barns eventually get old and fall down, creating a public health hazard. If P. County condemns my land to build a highway through it, they must pay me Just Compensation for the Taking for a Public Purpose since they are using it now instead of me.

    1.  Does the barn regulation similarly amount to a Taking that would require P. County to pay me?

    2.  What does the Supreme Court Lucas Decision have to say about it?

Solutions

Expert Solution

Answer:(a)First a fall, P planning commission should never pass a regulation that prohibits barn building.If you committed to take care of barn then there should be not any issue.It would made a good argument that if you are ready to take care of barn and still some regulation prohibiting you to do that,then why it condemnd now for buiding a highway on it.And if they do that they need to provide compensation to petitioner.

(b)Supreme Court lucas decision states that one that "there is no way one can distinguish regulation that "prevents a harmful use" and confers benefits of nearby properties".Same way P planning commision provide a compensation to the petitioner if they are using same yard to build a highway that petitioner want to build barn bacause now P planning commision want to confers benefits from it.


Related Solutions

I’ve been planning to build a barn in my yard. Suppose the P. County Planning Commission...
I’ve been planning to build a barn in my yard. Suppose the P. County Planning Commission passes a regulation that prohibits barn building because barns eventually get old and fall down, creating a public health hazard. If P. County condemns my land to build a highway through it, they must pay me Just Compensation for the Taking for a Public Purpose since they are using it now instead of me. a) Does the barn regulation similarly amount to a Taking...
I’ve been planning to build a barn in my yard. Suppose the P. County Planning Commission...
I’ve been planning to build a barn in my yard. Suppose the P. County Planning Commission passes a regulation that prohibits barn building because barns eventually get old and fall down, creating a public health hazard. If P. County condemns my land to build a highway through it, they must pay me Just Compensation for the Taking for a Public Purpose since they are using it now instead of me. a) Does the barn regulation similarly amount to a Taking...
case study : Mike, I’ve scheduled this meeting with you because I’ve been reviewing performance data,...
case study : Mike, I’ve scheduled this meeting with you because I’ve been reviewing performance data, and I wanted to give you some feedback. I know we haven’t talked face-to-face before, but I think it’s time we review how you’re doing. I’m afraid that some of the things I have to say are not very favorable. MIKE: Well, since you’re the new boss, I guess I’ll have to listen. I’ve had meetings like this before with new people who come...
5.         I’ve spent $10,000 to install high efficiency windows in my home. They are expected to...
5.         I’ve spent $10,000 to install high efficiency windows in my home. They are expected to last 20 years.   I expect my annual heating bill to decrease by $1,000. a.         What is the “net present value of my investment? Use a discount rate that is appropriate for YOU as an individual?   b.         If city hall had made this investment, what is the “payback” time? Use a discount rate appropriate for a public project. c.         Calculate the “Internal Rate of Return”...
5.         I’ve spent $10,000 to install high efficiency windows in my home. They are expected to...
5.         I’ve spent $10,000 to install high efficiency windows in my home. They are expected to last 20 years.   I expect my annual heating bill to decrease by $1,000. a.         What is the “net present value of my investment? Use a discount rate that is appropriate for YOU as an individual?   b.         If city hall had made this investment, what is the “payback” time? Use a discount rate appropriate for a public project. c.         Calculate the “Internal Rate of Return”...
Mandeep’s parents want to build a rectangular ice rink in the family’s back yard with an...
Mandeep’s parents want to build a rectangular ice rink in the family’s back yard with an area of 200m2 What are the dimensions that will minimize the amount of material required to build the boards around the rink? If the material for the boards can be bought for $1.75 a linear foot, how much will it cost to build the boards? Trevor was given 15 square concrete stones with a 1 ft. side length. He decides to make a slab...
I’ve been assigned this project and not sure where to from where I’m at. The company...
I’ve been assigned this project and not sure where to from where I’m at. The company I’ve decided on is a mobile car detailing company. Located in the mall, it has 4-5 employees. One member of the team is the owner who does all the accounting via Quickbooks and operates the in-store cash register. The other in-store employee does the detailing of vehicles on-site. The other two employees are on-the-road, receiving assignments from the owner. One of these employees is...
In the pole-in-the-barn paradox, suppose the runner holds a pole of length 15 m in the...
In the pole-in-the-barn paradox, suppose the runner holds a pole of length 15 m in the runner's frame and is running at speed 0.83c. The back and front doors of the barn are a distance of 10 m apart. The farmer watches and quickly closes and opens both doors simultaneously with his door control device just as the front of the pole reaches the back door location in the farmer's reference frame. The front door at position x = 0...
v The City Commission of Nashville has decided to build a botanical garden and picnic area...
v The City Commission of Nashville has decided to build a botanical garden and picnic area in the heart of the city for the recreation of its citizens. The precedence table for all the activities required to construct this area successfully is as​ follows:                                                                                 Code Description Time ​(hrs) Immediate​ Predecessor(s) A Find​ location; determine resource requirements 20 None B Requisition of lumber and sand 60 A C Dig and grade 100 A D Saw lumber into appropriate sizes 30...
“Hypothetically, would it be unethical to place a security firm’s law signs around my front yard...
“Hypothetically, would it be unethical to place a security firm’s law signs around my front yard even though I have not install its security system? These fake “warnings” would discourage intruders, and a security firm would get free advertising for its product. So who’s hurt?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT