Why is the action of the Adams 12 School District unfair?
Auto-trol understands that the process of eminent domain is a Constitutional right of public entities. But Auto-trol disagrees with the handling of the situation by the Adams 12 School District and disputes the lowball price the district offered to pay for the Auto-trol property – which had recently been appraised for millions of dollars more. Prior to backing out of its legal obligation, Adams 12 caused buyer interest in the Auto-trol property to dry up and the company had to find a new location under duress – putting the company in a poor negotiating position. When Adams 12 backed out of its commitment to take the property it did further damage to the marketability of the land with unfounded or exaggerated accusations.
