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By Beacon Journal staff report
POSTED: 03:40 p.m. EDT, Aug 06, 2008
The University of Akron may abandon its efforts to take land by eminent domain for a new residence hall.
Trustees today gave UA President Luis Proenza and chief counsel Ted Mallo permission to walk away from five contested properties along and near East Exchange Street if they can't find a way to lower the price for them.
UA wants to pay ''substantially less'' than the $3.1 million set by a Summit County Probate Court jury in June, according to the trustees' resolution.
The University of Akron may abandon its efforts to take land by eminent domain for a new residence hall.
Trustees today gave UA President Luis Proenza and chief counsel Ted Mallo permission to walk away from five contested properties along and near East Exchange Street if they can't find a way to lower the price for them.
UA wants to pay ''substantially less'' than the $3.1 million set by a Summit County Probate Court jury in June, according to the trustees' resolution.
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