Comment Re:How hard is it to have something like this in U (Score 1) 491
If you interpret the clause in that manner, there's essentially no reason for it to even be there...
Yes, there is one reason... to be interpreted that way. It could also been written: "or shall private property be taken for public purpose, without just compensation"
But really, having a public, nonprofit or private management is not centrally relevant. What is more relevant is that it is done for the public interest.