Law HW week 4 AM Essay Example | Topics and Well Written Essays - 250 words

Law HW week 4 AM - Essay Example It is important that every society is economically stable as this will facilitate the circulation of revenue and other economic advances. Acquiring the property and utilizing it in a manner that promises economic benefits for those who dwell in and around it is, as a result, constitutional. It does not violate the takings clause found in the fifth amendment of the constitution. Revitalizing the economy of the distressed city will serve to benefit the greater public in aspects such as the provision of jobs and taxes for the city government as well as improving the general welfare of the people. The Fifth Amendment law recognizes the acquisition and utilization of property if it promises to benefit the public in such a manner. The law also recognizes the importance that the property bears to their owners and, for this reason, asserts that the urban authority should give them a just compensation. The assurance that seizure of the property by the City of New England will result in many benefits for the public renders the urban authority’s invocation of the power of eminent domain