Monday, May 14, 2007

ICC: June 21 hearing

The state has set a date of June 21 for the board of property review hearing, which is the time when a judge decides how much compensation we will receive for our property. SGSTA has retained an appraiser, Hal Gearhart, who has experience with other ICC properties to help draw up a counteroffer. His report is expected by the end of May and we can then present that to the state. If it is unacceptable to the state we will then proceed to the June 21 hearing. That will be the final word on the matter although there is a 30-day appeal period if we are unhappy with the decision.

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