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Legal Opinion

In re Village of Newark Urban Renewal Agency

New York Supreme Court

Decided April 5, 1973Published

1Opinion of the CourtJames H. Boomer, J.

In this condemnation proceeding, the condemnor, the Village of Newark Urban Renewal Agency, deposited with the. County Treasurer the sum of $28,000, its estimate of the value of the property taken. Upon application, the County Treasurer paid to the property owners the sum on deposit less a deduction of the 2% allowed to him by CPLR 8010 upon moneys paid out of court. The owners claim that no deduction is permissible from funds deposited in court in condemnation proceedings for urban renewal projects, and they move to compel the County Treasurer to pay to them the 2% retained.

The deposit with…

2Cases cited4 opinions

  1. In re Michigan Cent. R. Co.Court of Appeals for the Sixth Circuit · 1903
  2. Michigan Cent. R. v. HarshaCourt of Appeals for the Sixth Circuit · 1904
  3. Northwestern Mut. Life Insurance v. QuinnU.S. Circuit Court for the District of Western Michigan · 1895
  4. Edwards v. Bay State Gas Co. of DelawareDistrict Court, D. Massachusetts · 1910

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