Commissioner of Transportation v. United Illuminating Co.
In an eminent domain proceeding, a court can award interest from the date of taking to the date of payment. Previously, the Commissioner of the Department of Transportation paid $65,800 in a Feb. 11, 2004, eminent domain proceeding for property in New Haven that belonged to the defendant, United Illuminating Co. The court valued a billboard owned by Barrett Outdoor Communications Inc. at $1.56 million. Barrett Outdoor Communications requested that the court award interest. Connecticut General Statutes §37-3c provides, "The judgment of compensation for a taking of property by eminent domain shall include interest at a rate that is reasonable and just on the amount of compensation awarded." The court granted Barrett's motion and awarded interest of 8 percent, from the date of taking to the date of payment.VIEW FULL CASE