KNOXVILLE, TN, UNITED STATES, January 1, 2025 /EINPresswire.com/ — Stewart, Wald & Smith, LLC ("SWS"), is a number one Rails-to-Trails legislation agency that has efficiently represented tons of of Tennessee landowners in prior Rails-to-Trails takings circumstances. The agency has scheduled townhall conferences for landowners in Knoxville this week. The town of Knoxville is planning to transform 3.8 miles of the Knoxville & Holston River Railroad Firm, Inc. hall, right into a nature and mountaineering path underneath the authority of the Nationwide Trails System Act (“Trails Act”).
On December 11, 2024, Knoxville & Holston River Railroad Firm, Inc. filed a petition to desert 3.8-miles of its railroad hall with the intent of changing the hall to a rail-trail. The town of Knoxville plans to companion with the Legacy Parks Basis to create the rail-trail. SWS is scheduled to satisfy with landowners whose properties are adjoining to this portion of the railroad hall to debate the rail-trail plans and their property rights.
The Trails Act permits the conversion of deserted railroad corridors into nature and mountaineering trails, which concurrently preserves the corridors for future use. The observe is called railbanking and might forestall the land inside the deserted railroad hall from reverting to the adjoining landowners. It grants the path sponsor a brand new leisure path easement, thereby blocking the rights of landowners to reclaim the property inside the hall.
The town should request use of the hall as a rail-trail with america Floor Transportation Board (“STB”), which is the federal government company that regulates floor rail transportation in america. The STB would then subject a Discover of Interim Path Use, which might authorize the path conversion and doubtlessly end result within the triggering of a declare for financial damages in favor of landowners.
Stewart, Wald & Smith can be holding informational conferences for landowners on January 1, 2025 at 5:00 p.m, January 2, 2025 at 9:00 a.m., 1:00 p.m., and 5:00 p.m., and January 3, 2025 at 9:00 a.m. at Hampton Inn & Suites Knoxville Downtown, Rocky Prime Boardroom, 618 W. Predominant Avenue, Knoxville, TN 37902.
Michael Smith
Stewart Wald and Smith, LLC
+ +1 314-720-0220
smith@swslegal.com
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