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The Boston Globe

Business

Calif. city moves to expand eminent domain

RICHMOND, Calif. — A San Francisco Bay Area city voted Wednesday to try to expand a first-in-the-nation plan to use its power of eminent domain to seize hundreds of mortgages that exceed the value of homes.

The Richmond City Council voted 4 to 3 to set up a joint powers authority to bring more cities into the plan, according to reports in local media.

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