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eBook details

• Title: City of Sherman, Texas v. Wayne
• Author : State of Wisconsin in Supreme Court
• Release Date : January 18, 2008
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 72 KB

Description

In this regulatory takings case, we determine whether James Waynes claims are ripe for adjudication and, if so, whether the evidence supports the trial courts judgment that application of the City of Shermans residential zoning ordinance to Waynes property deprived him of all economically viable use of the property. Wayne sued the City of Sherman and the Sherman City Council (the "City") to recover adequate compensation for an alleged regulatory taking of his property by application of the Citys residential zoning ordinance. Following a jury trial, the trial court determinated that application of the residential zoning ordinance to Waynes property deprived him of all economically viable use of the property and amounted to a regulatory taking. The jury found the property had a market value of zero with the residential zoning applied and a market value of $250,000 without the residential zoning. The trial court rendered judgment in favor of Wayne for actual damages of $250,000, plus prejudgment interest.

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