CourtListener 4370083•First American Bank Group, Ltd. v. Iowa Department of Transportation
First American Bank Group, Ltd. v. Iowa Department of Transportation
CourtListener 4370083Iowactapp22.02.2017
Gesamter Gesetzestext
IN THE COURT OF APPEALS OF IOWA
No. 15-1212
Filed February 22, 2017
FIRST AMERICAN BANK GROUP, LTD.,
Plaintiff-Appellee,
vs.
IOWA DEPARTMENT OF TRANSPORTATION,
Defendant-Appellant.
________________________________________________________________
Appeal from the Iowa District Court for Woodbury County, Jeffrey L.
Poulson, Judge.
The Iowa Department of Transportation appeals a condemnation award.
AFFIRMED.
Thomas J. Miller, Attorney General, Robin G. Formaker and Richard E.
Mull, Assistant Attorneys General, for appellant.
Daniel L. Manning, Sr. and Joel B. Templeman of Lillis O'Malley Olson
Manning Post Templeman L.L.P., Des Moines, for appellee.
Heard by Vogel, P.J., and Vaitheswaran and McDonald, JJ.
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MCDONALD, Judge.
In November 2013, the Iowa Department of Transportation (IDOT)
condemned First American Bank Group’s (the bank) leasehold interest in
property at 800 Gordon Drive in Sioux City. The bank entered into the lease
agreement for the property at issue in 1999. Although the bank’s lease expired
in September 2014, the bank held five additional five-year options to renew the
lease agreement, potentially extending the lease agreement to September 2039.
The bank’s president and CEO testified the bank intended to exercise each of the
options due to the favorable lease agreement and location of the property.
Following jury trial, the bank was awarded damages in the amount of $1,160,491.
On appeal, IDOT raises several claims of error, which we address in turn.
I.
The fighting issue in this case was the valuation of the bank’s leasehold
interest. IDOT’s first argument is the district court erred in admitting the report
and testimony of the bank’s expert witness, Michael Olson, a real estate
appraiser. IDOT contends Olson’s appraisal model, which IDOT dubs the
“unsophisticated investor model,” was contrary to Iowa law because it was not
based on fair and reasonable market value. The report and testimony, IDOT
argues, should have been disallowed as not relevant under the controlling law.
The parties disagree as to the proper standard of review. IDOT contends
the admissibility of the testimony raises a question of law because Olson’s report
and testimony relied on appraisal method inconsistent with Iowa law. See
Whitley v. C.R. Pharm. Serv., Inc., 816 N.W.2d 378, 385 (Iowa 2012). The bank
contends the standard of review is for an abuse of discretion because the
3
admissibility of an expert’s report and testimony is at the discretion of the district
court. See Ranes v. Adams Labs., Inc., 778 N.W.2d 677, 685 (Iowa 2010). We
need not resolve the argument because we conclude the district court did not err
or abuse its discretion in allowing the report or testimony into evidence.
The general rule is that relevant evidence is admissible and irrelevant
evidence is inadmissible. See Iowa R. Evid. 5.402. Relevancy is distinct from
the probative value of the evidence. Relevant evidence is evidence “having any
tendency to make the existence of any fact that is of consequence to the
determination of the action more probable or less probable than it would be
without the evidence.” Iowa R. Evid. 5.401. “Relevance is contextual; it is
determined by the issues raised and other evidence introduced analyzed within
the framework of the applicable law.” Gibson v. Buckley, No. 14-1108, 2015 WL
2394116, at *3 (Iowa Ct. App. May 20, 2015). The probative value of evidence
“gauges the strength and force” of the evidence’s tendency to make a
consequential fact more or less probable. State v. Plaster, 424 N.W.2d 226, 231
(Iowa 1988).
To determine whether Olson’s testimony was relevant and admissible, we
must first examine the relevant law. The jury was provided the following
instruction regarding damages:
The tenant, First American Bank Group, Ltd., had a lease on
the property. The lease was to run to September 30, 2014, and the
tenant was operating a bank on the leased property. The tenant
had five five-year options to renew which could be renewed at the
end of each term one at a time. The tenant’s interest has been
condemned by the acquiring agency.
The measure of the tenant’s damages is the fair and
reasonable market value of the unexpired term of the lease
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immediately before the condemnation, taking into account the
building, fixtures, and personal property on the premises, less the
future rent to be paid, and the reasonable value of personal
property removed by the tenant after the date of the condemnation.
The following factors may be considered in determining
value:
1. The location of the premises, its surroundings and its
accessibility.
2. The use to which the premises has been put.
3. Improvements to the premises.
4. The nature, character, type and general construction of
the building and fixtures located on the premises.
5. The depreciation of the buildings, fixtures, and personal
property since their construction or purchase.
6. Any other pertinent facts disclosed by the evidence.
The instruction was not objected to, and it is controlling with respect to the
determination of whether the testimony was relevant and thus admissible. See
Bus. Ventures, Inc. v. Iowa City, 234 N.W.2d 376, 384 (Iowa 1975) (holding
where the damages instruction was not objected to in condemnation case, the
instruction became the law of the case and the experts could provide opinion
evidence regarding damages as instructed).
Independently, we conclude the instruction was a correct statement of the
law. “The measure of damages for the taking of a leasehold interest is well-
established. It is the market value of the unexpired term of the lease over and
above the rent stipulated to be paid.” City of Des Moines v. Housby-Mack, Inc.,
687 N.W.2d 551, 554 (Iowa 2004). Although the formulation appears
uncomplicated, our cases have discussed “at length the difficulty of fixing the
value of leaseholds” and the “various elements” that could be relevant depending
on the “facts in each case.” Interstate Fin. Corp. v. Iowa City, 149 N.W.2d 308,
311–12 (Iowa 1967).
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It is impossible to specify all of the elements that enter into such a
problem. In fact all of them cannot be anticipated, and many of
them are developed in the course of the litigation consequent upon
the exercise of the right of eminent domain. They will vary with the
character of the property affected and the uses to which the
property is applied.
Id. In the leading case, our supreme court stated:
The instant case is not in tort, although it sounds in damages
and is in effect a feigned issue to determine just compensation to
which plaintiff had a right by reason of the lawful taking of its
property for public use. The question is how to apply the rule for
the estimation of damages occasioned by the condemnation of a
leasehold interest. The decisions are not harmonious. Ordinarily
market value is the criterion, but in certain cases it is not the true
standard by which to determine the value. It is difficult, if not
impossible, to lay down a rule of universal application as to what
may be considered as elements of damage, as the equities of the
parties must more or less depend upon the particular facts and
circumstances of each case. This is particularly true as applied to a
leasehold. Value must be determined by a consideration of the
uses to which the property is adapted. All circumstances naturally
affecting this value are open to consideration.
Des Moines Wet Wash Laundry v. City of Des Moines, 198 N.W. 486, 489 (Iowa
1924) (citation omitted). The instruction thus correctly sets forth the critical
elements of the law and the relevant factors to be considered.
This brings us to Olson’s report and testimony. Olson’s report set forth his
appraisal method: “In the case of a leasehold interest the value can be
quantified by discounting, at a proper rate, the rent advantage enjoyed by the
lessee, or the difference between contract rent and market rent.” Olson’s report
and testimony showed he estimated the value of the leasehold by finding the
rental advantage, if any, to the bank over the life of the lease agreement,
including renewal periods. Specifically, he testified he identified the “contract
rent” over the term of the lease, including renewal periods, as set forth in the
6
lease agreement. He testified he determined a market lease rate based on
comparable properties. In his opinion, the bank had entered into a favorable
lease agreement. He opined the bank would pay substantially less than market
rent over the life of the lease agreement. Over the life of the lease agreement,
including renewal periods, Olson testified the bank had a rental advantage of
$1,696,000. Because the total rental advantage extended over a period of
twenty-five years, Olson reduced the total market-based rental advantage to its
present value: “In theory, [the bank] should be entitled to $1,700,000 or
$1,696,000, whether it was spread out or in one lump sum. But when we spread
it out like that, then we need—typically we bring it back to present value.” For the
purposes of discounting the bank’s rental advantage to present value, Olson
used a discount rate of two percent. The two-percent rate was based on what an
“ordinary person of prudence” would “expect for [a] reasonable return on their
investment.” Olson’s selection of a discount rate for the purposes of reducing the
rental advantage to present value relied on the bank’s second expert witness, Dr.
Goss. Dr. Goss, a professor of economics, offered an opinion regarding the
appropriate discount rate based on what a person of reasonable prudence, or an
“unsophisticated investor,” would expect to realize over the relevant period taking
into account inflation and expected interest rates. Relying on Dr. Goss’s opinion
regarding the discount rate, Olson concluded the present value of the damages
was $1,325,000.
To understand the bank’s criticism of Olson’s report and testimony, it is
necessary to contrast Olson’s appraisal with IDOT’s appraisal. IDOT’s appraisal
expert, Patrick Schulte, calculated the rental advantage in the same way Olson
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did. Schulte’s report provided, “The primary determination of whether a tenant
has a valuable leasehold interest is whether the tenant has the ability to occupy
the specified real estate at a rent amount which is below market rent, creating a
long term rent advantage.” The report concludeed “there is a measurable tenant
leasehold advantage” in the amount of $1,160,491. Unlike Olson, Schulte did not
directly reduce the rental advantage to present value. Instead, Schulte applied
an income approach to determine the present value of the hypothetical income
stream the bank would achieve if the bank were to sublease the property. This
was contrary to the bank president’s testimony that the bank intended to renew
each of the options because of the favorable rental advantage. Regardless,
based on his estimated income approach, Schulte concluded the discount rate
should be greater than the average commercial capitalization rate in the area
“since the tenant leasehold normally has greater risk than the underlying landlord
interest.” Based on these assumptions, Schulte discounted the hypothetical
income stream by nine percent, arriving at a present value of $450,814, rounded
to $450,000.
IDOT argues Olson’s opinion should have been excluded because Olson,
unlike Schulte, did not rely on a commercial capitalization rate to reduce the
rental advantage to present value. We see nothing impermissible in Olson’s
estimation of damages. As noted above, damages to be assessed for the
condemnation of a leasehold, is the “market value of the unexpired term of the
lease over and above the rent stipulated to be paid.” Housby-Mack, Inc., 687
N.W.2d at 554. Olson determined the rental advantage by comparing the
leasehold interest at issue with comparable leases, i.e. he performed a market
8
analysis to determine the rental advantage. The rental advantage is the bank’s
“damages” for the purposes of the condemnation proceeding. Olsen then
reduced the “damages” to present value to avoid overpayment. There is a
distinction between what Olson did—selecting a discount rate to reduce the
bank’s damages to present value—and what Schulte did—selecting a discount
rate above market capitalization rates to reduce to present value a hypothetical
income stream subject to the risk of the local commercial real estate market. Our
case law has specifically approved of Olson’s approach in selecting a discount
rate for the purposes of reducing future damages to present value:
A. Theory. Present value analysis is the method used to
determine the value today of future losses or expenses. See Ward
S. Curran, Present Value Analysis in Estimating Damages in Torts,
72 Connecticut B.J. 375 (1998). It accounts for the reality that
“money has the power to earn money.” Jacob A. Stein, 2 Stein on
Personal Injury Damages § 6:16 (3d ed. 1997). Plaintiffs can
realize earnings through the investment of an advance lump sum
award, which effectively over-compensates them for their injuries if
the award is not discounted. See Beaulieu v. Elliott, 434 P.2d 665,
671 (Alaska 1967). A countervailing consideration, however, is
inflation, which devalues future damage awards. Id. at 671. The
United States Supreme Court has recognized that “ours is not an
inflation-free economy” and “anticipated price inflation . . . certainly
affects market rates of return.” See Jones & Laughlin Steel Corp.
v. Pfeifer, 462 U.S. 523, 538 (1983). Therefore, the modern
consensus is that present value reductions should take into account
future inflationary pressures. In other words, the rate by which an
award is discounted should be offset by an anticipated inflation
rate. 22 Am. Jur. 2d Damages § 144 (1988). Iowa recognizes this
economic reality. Schnebly [v. Baker, 217 N.W.2d 708, 728 (Iowa
1974)]; see also Schmitt v. Jenkins Truck Lines, Inc., 170 N.W.2d
632, 658 (Iowa 1969) (upholding expert testimony on present value
reduction which took into account both inflation and increased
productivity of economy).
B. Practice. Although there is a growing consensus that
anticipated inflation should be considered in a present value
analysis, there is little agreement on the preferred methodology.
See 22 Am. Jur. 2d Damages § 143; 3 Stein on Personal Injury
Damages § 15:11 (3d ed. 1997). Courts generally have adopted
9
one of three approaches: (1) the current dollar earnings and current
interest rate or “inflate-discount” method; (2) the real earnings and
real interest rate or “real interest rate” method; and (3) the “total
offset” method. See Curran, 72 Connecticut B.J. at 377; Michael I.
Krauss and Robert A. Levy, Calculating Tort Damages for Lost
Future Earnings, 31 Gonzaga L.R. 325, 341 (1995-96). The first
approach projects future damages with inflation built in. Curran, 72
Connecticut B.J. at 380; O’Shea v. Riverway Towing Co., 677 F.2d
1194, 1200 (7th Cir. 1982). The second approach projects
damages without inflation and discounts those damages at an
interest rate that does not have inflation built in (real interest rate).
Id. The third approach assumes that the discount rate is
completely neutralized or offset by the inflation rate. Pfeifer, 462
U.S. at 544.
Our legislature has not mandated a particular approach to
discount future awards to present value, nor has it prescribed a
discount rate to be applied by the fact-finder. See Iowa Code
§ 624.18. Therefore, we turn to case precedent.
Although our highest court has not explicitly mandated a
particular methodology, it has affirmed the use of the total offset
approach where there is evidence from which to conclude that the
discount and inflation rates are the same. Schnebly, 217 N.W.2d at
728. Additionally, the court has rejected use of the legal rate of
interest to reduce future damages to their present value, adopting
instead the rate “found by the jury from the evidence to be fairly
expected from reasonably safe investments which a person of
ordinary prudence, but without particular financial experience
or skill, could make in the locality.” Von Tersch v. Ahrendsen,
99 N.W.2d 287, 291 (Iowa 1959).
Gleason v. Kueker, 641 N.W.2d 553, 555–56 (Iowa Ct. App. 2001) (emphasis
added).
Even assuming IDOT’s argument was correct, the argument only goes to
the weight of the evidence and not its admissibility. Iowa Rule of Evidence 5.702
authorizes expert testimony where helpful to the jury. Iowa adheres to a rule of
liberal admissibility with respect to expert testimony. See Olson v. Nieman’s,
Ltd., 579 N.W.2d 299, 306 (Iowa 1998). Receipt of opinion evidence is a matter
within the trial court’s discretion. Iowa-Ill. Gas & Elec. Co. v. Black & Veatch, 497
N.W.2d 821, 827 (Iowa 1993). We will not disturb the trial court’s decision
10
absent a manifest abuse of that discretion. Id. We cannot say the district court
manifestly abused its discretion in allowing the evidence.
II.
IDOT next argues the jury’s verdict did not conform to the evidence and
the district court should have granted IDOT’s motion for new trial on this ground.
Denial of a new trial is reviewed for abuse of discretion. See WSH Props., L.L.C.
v. Daniels, 761 N.W.2d 45, 49 (Iowa 2008). IDOT asserts three bases for new
trial. First, new trial is warranted when excessive or inadequate damages
appearing to have been influenced by passion or prejudice were awarded. Iowa
R. Civ. P. 1.1004(4). Second, new trial is warranted when there has been error
in fixing the amount of the recovery in an action for detention of property. Iowa
R. Civ. P. 1.1004(5). Finally, new trial is warranted when the verdict is not
sustained by sufficient evidence. Iowa R. Civ. P. 1.1004(6).
Some context is necessary to resolve the claim. As mentioned above,
Olson opined the present value of the bank’s rental advantage was $1,325,000.
Schulte opined the bank’s rental advantage was $1,160,491. He further opined
the market value of the rental advantage was $450,000. During deliberations the
jury submitted the following question to the district court: “Does the value of the
leasehold interest need to be $450,000 or $1,325,000; can we determine the
discount rate invalid and award a value of $1,160,491.00?” After consulting with
the attorneys, the district court instructed the jury as follows:
The value of the leasehold interest . . . is a fact which you as a jury
are to determine. You are not limited to the specific amounts of
$450,000 or $1,325,000. Choosing a discount rate is an element
used by both appraisers in reaching an opinion of value. You as a
11
jury may rely upon such evidence as you find reliable, including
establishing a discount rate in calculating an award.
After receiving this instruction, the jury found the value of the leasehold interest
was $1,160,491. Of course, the jury’s award is the rental advantage calculated
by Schulte.
IDOT contends the jury simply refused to apply a discount rate to
Schulte’s calculation of the bank’s rental advantage and this “obvious oversight”
merits correction. See Budge v. Post, 643 F.2d 372, 376 (5th Cir. 1981); see
also Hous. Auth. of City of Hartford v. Charter Oak Terrace/Rice Heights Health
Ctr., Inc., 810 A.2d 333, 339–40 (Conn. Super. Ct. 2002) (“For a leasehold to
suffer damages, it must have value. Generally, a leasehold has value if the fair
market value of the property, sometimes called economic rent, is in excess of the
rent reserved in the lease. In the case of a total taking of property, the accepted
method of assessing damages to the leasehold is to determine the annual
difference between the contract rent and the economic rent, to multiply the
annual difference by the number of years left under the lease, and then to
discount that sum to determine its present value.”); Village of Orland Park v.
Orland Park Bldg. Corp., No. 1-13-0623, 2015 WL 4459076, at *2 (Ill. App. Ct.
July 20, 2015) (considering discount rate); Matter of Acquisition of Prop. by
Eminent Domain, 949 P.2d 1115, 1121 (Kan. 1997) (approving use of discount
rate); Land Clearance for Redevelopment Corp. v. Doernhoefer, 389 S.W.2d
780, 788–89 (Mo. 1965) (reversing such an award where the trial court explicitly
did not apply a discount rate); Land Clearance for Redevelopment Auth. v. W.F.
Coen & Co., 773 S.W.2d 465, 471–72 (Mo. Ct. App. 1989) (applying discount
12
rate to calculate lessee’s interest); City of Johnson City v. Outdoor West, Inc.,
947 S.W.2d 855, 861 (Tenn. Ct. App. 1996) (considering discount rate); City of
Puyallup v. Hogan, 277 P.3d 49, 57 (Wash. Ct. App. 2012) (considering discount
rate).
Under the circumstances, we cannot conclude the district court abused its
discretion in denying IDOT’s motion for new trial. First, it does not appear the
jury disregarded any of the district court’s instruction. The bank requested an
instruction requiring the jury to apply a discount rate to reduce the rental
advantage to present value, see Gleason, 641 N.W.2d at 555 n.4, but IDOT
objected to the instruction. In addition, the district court instructed the jury it
could rely on the evidence it found reliable, including the determination of a
discount rate, if any. Perhaps the jury concluded no discount rate should be
applicable under the circumstances. We cannot speculate. Further, the Gleason
case, cited above, states it is acceptable to conclude no discount rate should
apply where there may be an offset due to inflationary pressures. See id. at 555.
A “judge cannot, under the guise of amending the verdict, invade the
province of the jury or substitute his verdict for theirs. . . . [T]he verdict must be
not what the judge thinks it ought to have been, but what the jury intended it to
be.” Ostrem v. State Farm Mut. Auto. Ins. Co., 666 N.W.2d 544, 546 (Iowa
2003). Ultimately, the resolution of the “battle of the experts” on damages was
wholly in the discretion of the jury:
Finally, the court has reaffirmed its faith in the jury to make the
present value reduction based on all the relevant facts and
circumstances shown by the evidence. [Von Tersch, 99 N.W.2d at
291]; see also Jenkins Truck Lines, Inc., 170 N.W.2d at 664 (noting
juries could draw inferences from material matters shown); Jackson
13
v. Chicago, M., St. P. & P.R. Co., 30 N.W.2d 97, 105 (Iowa 1947)
(noting jury’s wide discretion in assessing personal injury damages,
including discretion to consider lessened purchasing and earning
power of money); accord St. Louis, I.M. & S.R. Co. v. Needham, 52
F. 371, 378 (8th Cir. 1892) (noting “human ingenuity seems
incapable of formulating a rule which shall specify every
circumstance, chance, and probability that a jury may consider, and
none that it may not . . . .”). While certain courts have questioned
the wisdom of relegating such a complex economic calculation to a
jury, others have noted that the use of economics in a litigation
setting is in any event less than exact and the determination should
be left to the sound discretion of the jury. See Cox v. Crown CoCo,
544 N.W.2d 490, 500 (Minn. Ct. App. 1996); Florida Uniform Civil
Jury Instruction 6.10, comment 2; cf. O’Shea, 677 F.2d at 1201; 3
Stein on Personal Injury Damages, § 15:3. Iowa appears to have
endorsed the “sound discretion” approach.
Gleason, 641 N.W.2d at 556–57. IDOT presented its evidence and made its
argument regarding valuation to the jury. It was within the “sound discretion” of
the jury to determine the rental advantage, if any, and to reduce to present value
the rental advantage the bank lost by condemnation at whatever rate it deemed
appropriate based on the evidence. Here, the jury’s verdict is within the range of
the evidence, which is a “strong indicator” the propriety of an “award of damages
in a condemnation case.” Peoples Natural Gas Co. v. City of Everly, 497 N.W.2d
872, 873 (Iowa 1993). In sum, we cannot say the court abused its discretion in
denying IDOT’s motion for new trial.
III.
IDOT next contends the district court erred in excluding the testimony of
Dr. Arthur Cox. Dr. Cox is a professor at the University of Northern Iowa who
teaches real estate appraisal methodology and investments. IDOT intended to
call Dr. Cox to testify the bank might not exercise all its lease renewal options
and to “opine as to the reasonableness of the discount rates” employed by the
14
appraisers. The bank moved in limine to prohibit Dr. Cox from testifying on the
issue of whether the bank would exercise its renewal options as purely
speculative. The bank also moved in limine to prohibit Dr. Cox from testifying
regarding the value of the bank’s leasehold interest. The bank contended Dr.
Cox’s testimony regarding valuation would constitute improper bolstering of
Schulte’s opinion because Dr. Cox did not perform any independent calculations
of value and instead merely adopted Schulte’s calculations. In ruling on the
motion in limine, the district court ruled Dr. Cox’s “opinion concerning whether
[the bank] would have exercised one or more of its options . . . is speculative and
should not be considered” and his “proposed testimony on the value of [the
bank’s] leasehold interest and his testimony on the discount rate is an attempt to
unfairly bolster [Schulte] and must be excluded.” The court made a similar ruling
post-trial.
The district court did not abuse its discretion in precluding Dr. Cox from
testifying on the issue of whether the bank would exercise its options to renew
the lease agreement. His opinion on the matter was wholly speculative. The
bank president and CEO testified the bank intended to renew all of the lease
options because of the favorable lease agreement and the favorable location.
The bank’s intent to renew the lease was evidenced by a substantial addition it
made to the property. Moreover, both sides seem to concede the inevitability of
the bank exercising its options, absent government intervention, at this desirable
property.
Nor can we conclude the district court manifestly abused its discretion in
disallowing Dr. Cox’s testimony regarding valuation and the discount rate. Dr.
15
Cox did not offer an independent opinion on the issues. Instead, his deposition
testimony shows he merely reiterated Schulte’s analysis. In the absence of
forming an independent opinion, Dr. Cox’s testimony was merely duplicative of
Schulte and constituted improper bolstering. The district court ruled accordingly.
IV.
IDOT next contends the district court erred in not allowing it to cross-
examine Olson regarding a prior ethical infraction. Olson was the subject of an
ethics complaint by the Iowa Real Estate Appraiser Examining Board in 1997.
He entered into a consent order in which he admitted no wrongdoing. As
remediation, Olson was required to take educational courses. IDOT wished to
cross-examine Olson regarding the complaint and the consent order. The court
denied IDOT’s request.
We review evidentiary rulings for abuse of discretion. State v. Tracy, 482
N.W.2d 675, 680–81 (Iowa 1992). Disbarment has been held admissible as to a
witness’s credibility. See In re Thorman’s Estate, 144 N.W. 7, 9 (Iowa 1913).
But Olson was not disbarred (or subject to the real estate appraiser’s equivalent).
As the district court held, this situation is more analogous to that of McClure v.
Walgreen Co., 613 N.W.2d 225, 234–37 (Iowa 2000). There, evidence was
admitted showing “charges” against a pharmacy related to its licensure. The
pharmacy entered a stipulation that admitted no wrongdoing; that stipulation was
also entered into evidence. The supreme court held the evidence was
irrelevant—and seemed to suggest it was more prejudicial than probative,
although its determination on relevance obviated the need to reach that
question—and remanded for a new trial. See McClure, 613 N.W.2d at 234–37.
16
McClure is directly on point and the district court’s ruling was not an abuse of
discretion.
V.
Finally, IDOT requests remittitur. Remittitur is not authorized in a
condemnation case. Booras v. Iowa State Highway Comm’n, 207 N.W.2d 566,
570 (Iowa 1973). “It is the constitutional right of an owner in most jurisdictions
not only to receive just compensation for the property taken from him, but also to
have the amount of that compensation awarded to him by a jury.” Id. at 569.
IDOT requests we overrule Booras. We are not at liberty to overrule our
supreme court. See State v. Hughes, 457 N.W.2d 25, 28 (Iowa Ct. App. 1990).
VI.
For the foregoing reasons, we affirm the judgment of the district court.
AFFIRMED.
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