A small victory in Roanoke for property owners around the Commonwealth: The Roanoke Redevelopment and Housing Authority has been ordered to pay Jay and Stephanie Burkholder $2.2 million for land seized under eminent domain. The figure falls between the $1.53 million the housing authority had offered to pay and the value of about $4.5 million given the Burkholders by two appraisers.
The Burkholders plan to continue their fight against the seizure, and say they hope to ultimately strengthen the rights of Virginia property owners.
When a Virginia Beach developer was asked to mow an overgrown 1/3 acre wetlands field by the local government, it complied. But the State Water Control Board considered the tract of land a protected wetland, and by mowing it, they say the developer altered and degraded the wetland, which should have been preserved as natural and open space.
Virginia's state legislators have gone home for the year, but not before approving a very thin budget and three homeowner-friendly bills that will help increase the value of your Virginia home in these ugly economic times. We've got the need-to-know information for homeowners in the latest installment of YOUR VIRGINIA, the official newsletter of the Virginia Homeowners Alliance.
Appalachian Power Co. wants to raise rates a whopping 12.8%. If the rate hike is permitted, a customer currently paying $105 per month would instead owe $118.44. The State Corporation Commission is recommending that commissioners consider limiting the rate increase to 3%.
Appalachian's 2009 profit from its full service territory, including parts of Virginia, West Virginia, and Tennessee, totaled $155.81 million.
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Things are looking good for the Realtor® Legislative Agenda as it makes its way through both chambers of the Virginia General Assembly. Read all about it in today's Capitol Connections newsletter.
VAR bills that have passed both houses: