CLARK COUNTY —
HOW THIS HAPPENED
• As part of a runway expansion project at the Clark County Regional Airport, the air board needed to purchase property owned by the Dreyers. According to court records, the Clark County Board of Aviation Commissioners offered to purchase part of the Dreyer property at $55,000 per acre, which was accepted. However, an offer of $3,000 for another portion of property that lies in a floodplain was rejected by the Dreyers. As a result of the rejected offer, the board filed an eminent domain action in 2009.
The land in question lies at the end of the proposed 7,000-foot expanded runway and is needed not only to be able to expand the tarmac, but to allow for the relocation of Bean Road. According to court records, Ed Haire was hired to do the appraisal for the air board and returned a total of $203,000 for the price of the property. Dreyer filed an objection to the figure and an appraiser the property owner hired returned a figure of $1.09 million as the value of the land.
According to court records, the large difference in the value for the appraisals of the land was due to the location of the property in the floodplain and a zoning designation of agricultural, instead of light industrial.
Following a jury trial in Clark County Circuit Court, a ruling was issued that valued the Dreyer property at $865,000.