Bar owner in eminent domain case seeks appraisal of his business

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Bar owner in eminent domain case seeks appraisal of his business
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Alamo Plaza bar owner Vince Cantu is working to determine how much his business is worth and hoping a settlement can be reached in eminent domain case.

Scott Ball / San Antonio Report

Cantu met with business valuation appraisers RSI & Associates on Tuesday to start determining how much his business is worth based on projected revenue he will lose if he sells — and hoping a settlement can be reached with the city and state. He said there are several reasons why he believes the City and GLO are breaking the law in trying to take his property.

Land Commissioner Dawn Buckingham was elected last November and has not commented publicly on the Moses Rose’s Hideout dispute. GLO officials are “trying to keep their profile out of this whole messy business of eminent domaining private property on the grounds of Texas freedom,” Cantu said. But the threat of eminent domain is still hanging over them like “a big wet, sticky blanket,” Eldredge said.

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