On November 22, 1996, the City condemned real property owned by MRALP for the purpose of erecting a police station. As a part of the proceedings, the City filed a Statement of Compensation and deposited with the Clerk of the Superior Court the sum of $260,000. Notice of such statement and deposit were served upon MRALP. Under the provisions of General Statutes §
MRALP filed its initial application for release of the funds on deposit on May 1, 1998. Subsequent applications with supporting documents requested by the court were filed on October 21, 1998, and February 12, 1999.
General Statutes §
MRALP claims interest on the funds on deposit, however, §
MRALP argues that General Statutes §
Since there is no statutory authority to award interest on the amount on deposit, none can be awarded. CT Page 3016
Joseph J. Purtill Judge Trial Referee
