City considers appeal of condemnation verdict
The City of Scottsdale is considering whether to appeal the Toll Brothers condemnation verdict of nearly $82,000,000. The City needs the property for its preserve project and has the money to pay the judgment.
It is likely that any appeal will cause Toll to file a cross-appeal, which could have the effect of increasing the City's exposure to $120,000,000.
If the City uses good management practices, it will simply pay the judgment and not appeal.
