MEMORANDUM OPINION AND ORDER
On August 22 and September 20, 2000, respectively, the Court entered judgment of condemnation for plaintiff on the tracts
Discussion
As the parties agree, plaintiff has no statutory right to immediate possession of the subject property. Rather, its request is addressed to the Court’s equitable powers. The relief plaintiff seeks is in the nature of a preliminary injunction.
Northern Border Pipeline Co. v. 86.72 Acres of Land,
Plaintiff easily satisfies the standard for obtaining an injunction. Plaintiff became entitled to possession of the property in September 2000, when we entered judgment of condemnation in its favor on the last disputed tract. Thus, it is virtually certain that plaintiff will succeed on the merits. In addition, the balance of harms in this case weighs heavily in its favor. If plaintiff is not awarded immediate possession, the construction of its pipeline extension will be delayed, resulting in increased construction costs. {See generally Paul Führer Aff.) Plaintiff cannot recover those costs from the defendants in this or any other proceeding, making its harm irreparable. By contrast, plaintiffs have not identified any harm they -will suffer if plaintiff is awarded early possession of their property. Moreover, plaintiff can pay defendants for any harm they may suffer, and will ensure defendants’ recovery by posting a bond. Finally, granting plaintiff immediate possession of the property is in the public interest as it will enable the gas companies that serve the Chicago and northern Indiana markets “to meet the requirements of the 2001 winter heating season” in those areas. (Id. ¶ 4.)
The situation in this case is markedly different from that in
Northern Border Pipeline Co. v. 86.72 Acres of Land,
The only remaining issue is the amount of the bond plaintiffs must post before taking possession. Plaintiffs assert that a bond in the amount of $461,000.00, which is five times the total value of the easements as determined by their experts, is adequate. Defendants contend that plaintiffs suggested bond amount “fails to account for the vast differences in the opinions as to fair market value and totally ignores values ascribed to damage to the remainder issues,” but they do not propose an alternative amount. (Defs.’ Resp. Pl.’s Mot. Order Awarding Possession at 4.) Having failed to substantiate their general objections to plaintiffs proposed bond or to propose an alternative bond amount, the Court orders that plaintiff post a bond in the amount of $461,000.00. However, if defendants are able, at some future point, to demonstrate to the Court that the bond is inadequate, they may bring a motion to increase it.
Conclusion
For the reasons set forth above, Northern Border Pipeline Company’s motion for
