On the recordMarch 2, 1995
I think anybody who has done some work understands that the Supreme Court has done everything they can not to come to a final decision on this, because it has been just as hard for them as it is for us, and this remains sort of a case-by-case situation. The reason we went to total property is because it is very easy to get an agreed-upon market price for a total parcel. It is very difficult to talk about whatever an affected area is on a percentage basis because we have three or four separate areas that may be involved in a low-lying piece of property, endangered species, 404, we may have several affected pieces of property. Once we have determined what the affected pieces of property are or what the fair market value of those are, then we figure out what the value is and we can tell what the 10 percent of that is. That is a long, complicated, new process that is going to create, in my view, another bureaucracy.
Source
govinfo.gov
