We are committed to building a strong relationship with landowners.
As your neighbors, we respect your property and compensation will be provided for land use. We will make every attempt to reach agreement with landowners in an honest, fair and reasonable fashion. Here’s a closer look at how each offer is determined.
First, let’s cover the basics. An easement is a legal agreement that grants permission for someone to use a specific part of your property for a specific purpose. In this case, it’s a legal agreement we negotiate with you to pay you a fair and reasonable market price for the long-term use of a portion of your land where the proposed pipeline will exist.
At the beginning of this process, we did a comprehensive regional market study that provided guidance on how to value agricultural land in this region. Using Surety® maps, we looked at the production index of the soil and the percentage of tillable acreage. We compared properties in the area and evaluated similarities and differences in soil makeup. We also looked at historical productivity of the land. Using all this information, a value was calculated. That value is what you’ll find in your offer book. You know your land better than anyone, so if you think we missed something, let us know.
Sometimes, offers will differ from tract to tract. Across the planned pipeline route, there are many variables, even among tracts of land that sit side by side. Each variable–tilled land versus timber, for instance–can affect how the calculation is made. We’ll show you exactly how we determined the price we’re offering in your customized offer package.
Real estate attorneys can be helpful in guiding you through this process, but they aren’t mandatory. If you decide working with an attorney is best for you, make sure they are familiar with your state and local regulations, because they can vary from location to location.
Once an agreement is reached, we’ll continue to stay in touch, updating you along the way through Spire Connect and other resources. If at any point you have a question, feel free to call your Spire land agent.
If our proposed pipeline is on or near your land, click here to view the Federal Energy Regulatory Commission’s guide, “What Do I Need to Know?”