If indeed ML only just decided that the expropriation is necessary, then it’s a not insignificant hit on the project budget. Within contingency, no doubt…. But a project can only take so many of these hits and stay “on budget”.
I do wonder what was said by whom two years ago, and was any of it in writing. That would indeed make an interesting court case.
I have no problem with a deal that would let the owners buy their properties back when construction is over, at the price they were paid to vacate. In theory, letting ML reap a profit is good for the taxpayer, but it seems a bit harsh in this set of facts. And frankly, I don’t trust ML to play fair in any respect.
- Paul