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Environmental Sciences

University of Kentucky

Reservoirs

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Full-Text Articles in Urban Studies and Planning

The Effect Of Landowner Attitude On The Financial And The Economic Costs Of Acquiring Land For A Large Public Works Project, John Malvern Higgins Jr. Jan 1967

The Effect Of Landowner Attitude On The Financial And The Economic Costs Of Acquiring Land For A Large Public Works Project, John Malvern Higgins Jr.

KWRRI Research Reports

The purpose of this study was to examine the various economic and financial costs relating to the acquisition of property required for the construction of three reservoirs and to determine if any correlation could be made between the attitudes of the landowners selling property and the costs. Rough River Reservoir, Dewey Reservoir, and West Fork of Mill Creek Reservoir were studied. The costs involved in purchasing right-of-way were classified qualitatively and quantified to the extent possible. A procedure was devised to quantify 15 factors influencing attitude and an equation was derived to predict the landowner's attitude from these determining factors. …