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	<title>North Carolina Eminent Domain News &#187; Utility Takings</title>
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	<description>Emmett Boney Haywood Eminent Domain Case Studies</description>
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		<title>Utility Acquisition: Wake County</title>
		<link>http://nc-eminent-domain-news.com/2008/11/06/utility-acquisition-wake-county/</link>
		<comments>http://nc-eminent-domain-news.com/2008/11/06/utility-acquisition-wake-county/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 22:12:37 +0000</pubDate>
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				<category><![CDATA[Utility Takings]]></category>
		<category><![CDATA[eminent domain]]></category>
		<category><![CDATA[just compensation]]></category>
		<category><![CDATA[land condemnation]]></category>
		<category><![CDATA[land law]]></category>
		<category><![CDATA[taking]]></category>

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In 2008, Carolina Power &#38; Light Company (doing business as Progress Energy Carolinas, Inc.) filed a condemnation action against a real estate development company to install an electrical substation on the company’s property near the downtown Raleigh area.  The initial deposit was in the amount of $3,553,085.  Together with co-counsel, Ms. Haywood negotiated an out-of-court [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://nc-eminent-domain-news.com/wp-content/uploads/2009/11/Metropolitan.jpg"><img class="alignleft size-medium wp-image-50" title="Utility Acquisition " src="http://nc-eminent-domain-news.com/wp-content/uploads/2009/11/Metropolitan-300x300.jpg" alt="Utility Acquisition " width="300" height="300" /></a></p>
<p>In 2008, Carolina Power &amp; Light Company (doing business as Progress Energy Carolinas, Inc.) filed a condemnation action against a real estate development company to install an electrical substation on the company’s property near the downtown Raleigh area.  The initial deposit was in the amount of $3,553,085.  Together with co-counsel, Ms. Haywood negotiated an out-of-court settlement in the amount of $4,350,000.  In some cases, the power of eminent domain extends to private <a href="http://landlaw-nc.com" target="_self">utility takings in North Carolina.</a></p>
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