Spencer Fane attorney Jamie Cotter recently published an article in the Colorado Real Estate Journal discussing the framework that applies to condemnations before the development process has been formally completed.
Titled “Condemnation challenges during development approvals,” the article explains how creation of a special district can serve as a funding tool for development in Colorado. Jamie describes the parameters that any special district must be aware of when instituting condemnation during the development approval process.
“Special districts should carefully analyze the timing of any condemnation in light of the status of their planned future development,” Jamie explained in the article. “While there is a lack of bright line rules, condemnations can be too early or too late so it is important to analyze the framework set forth above before instituting a condemnation.”
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