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NBCJMA Eminent Domain Case #2024-03151 Update
Case #2024-03151 is a significant eminent domain and condemnation proceeding initiated by the Newtown Bucks County Joint Municipal Authority (NBCJMA, aka Newtown Sewer Authority) against 42 University LLC. Commencing on May 17, 2024, the litigation concerns a “Declaration of Taking” regarding real property.
The end result is that the Judge OK’d the Authority’s request to put the land up for sale on the open market. If the property is sold, it remains to be seen if the 26% rate increase to pay for the loan to purchase the land will be rescinded fully or partially or not at all.
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