We back up to a gravel quarry that just opened up. Under local and state law, they have to keep the berm that the dredging is behind at no less than 300 feet from our lot lines. The company wants to bring it to
150 feet (that area alone across the entire length of the addition is supposed to be worth >$2 million). In return for our not stopping it, they are talking about splitting the difference and giving (deeding) the adjacent homeowners 75 feet from current lot lines. The city has already laid claim to the lake that will be generated and 75 along the shore to use as reservior for the water company. Is this going to be taxed? Is there away around the tax, like saying it is compensation for reduced property values related to the nuisance of the quarry for the 10-15 year life expectance? Any other suggestions?- posted
15 years ago