Nexus has started offering landowners compensation for right-of-ways here in Stark County. Their initial official lowball offer to me was about $12 per foot. They have started coming back with second offers to some now. Has anybody else seen offers and care to comment or post their offer?
Tags:
Ohio,
Were you satisfied with the updated offer?
October update: Latest offers from Nexus are around $110 per foot divided as follows: $85 for ROW and $25 for tile. Their "side letter" (some call it an addendum) now has 25 paragraphs with some landowner friendly language (3 years of crop damages, no sub-easements, double ditch method, liability insurance, no release of any hazardous substances, seeding of ROW, ect.......).
I've been contacted by a couple "landowner" groups promising "up to" $200 per foot minus their fee (15-30%).
I'm still negotiating, although Nexus rep claims the offers are going to go down because they are out of money and ready to start eminent domain..........
In other Nexus news, Spectra (owner of Nexus) announced last month that they are still investigating an explosion that scorched 40 acres of farmland and burned one man and his house: http://triblive.com/news/adminpage/11129387-74/company-spectra-offi...
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
Links |
Copyright © 2017 GoMarcellusShale.com