Project Benefits - Do They Ever Apply, and If So, How Are Benefits Supported?
On April 21, 2021, Brad Kuhn participated in the sixth annual International Right of Way Association (IRWA) Chapter 57 and Southern California Chapter of the Appraisal Institute's (SCCAI) Joint Meeting. Brad and a co-presenter discussed "Project Benefits - Do They Ever Apply, and If So, How Are Benefits Supported?," during which they covered project benefits and their significance in the eminent domain arena. This program also included:
- The statutory and case law landscape that gave rise to the issue of project benefits, when and how they may apply, and methods and techniques used for quantifying benefits;
- The MidCoast light rail project and other public projects that illustrates a range of potential sources of benefits and how appraisers potentially can measure benefits;
- Tips and tricks and sources of data; and
- Perspectives from both the attorney and the appraiser, including experiences through the lens of both public agencies and property owners.