NEW LONDON DEVELOPMENT CORPORATION,Brief of the Respondents • January 21st, 2005
Does the Takings Clause of the Fifth Amendment forbid an economically distressed city from employing its eminent domain power to condemn, and pay just compen- sation for, private property in order to reverse decades of economic decline, create thousands of jobs and signifi- cantly increase property taxes and other sources of reve- nue for the city, and to realize immediate structural and environmental benefits for the city and its residents?
