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ATTACHMENT 5 <br />TABLE OF CONTENTS <br />WHY IS MY PROPERTY REQUIRED? I <br />WHAT RIGHT DOES THE CITY HAVE TO ACQUIRE MY PROPERTY? I <br />WHO MAKES THE DECISION TO BUY MY PROPERTY? I <br />HOW WILL THE CITY DETERMINE HOW MUCH TO OFFER ME FOR MY PROPERTY? I <br />WHAT IS FAIR MARKET VALUE? I <br />HOW DOES AN APPRAISER DETERMINE THE FAIR MARKET VALUE OF MY PROPERTY? 2 <br />WILL I HAVE A CHANCE TO TALK TO THE APPRAISER? 2 <br />ONCE THE CITY DETERMINES THAT MY PROPERTY IS NECESSARY FOR A PUBLIC <br />PROJECT, HOW SOON WILL THE CITY GIVE ME A WRITTEN PURCHASE OFFER? 2 <br />WHAT IS IN THE CITY'S STATEMENT OF THE BASIS FOR ITS DETERMINATION 2 <br />OF JUST COMPENSATION? <br />CAN I GET AN APPRAISAL? <br />MUST I ACCEPT THE CITY' S INITIAL OFFER? <br />M� <br />MAY I HAVE SOMEONE REPRESENT ME DURING NEGOTIATIONS? 3 <br />IF I AGREE TO ACCEPT THE CITY' S OFFER, HOW SOON WILL I BE PAID? 4 <br />WHAT HAPPENS IF I DO NOT AGREE TO THE FINAL PURCHASE OFFER? 4 <br />WHAT HAPPENS IF THE CITY CONDEMNS MY PROPERTY? 4 <br />WHAT IS AN ORDER OF POSSESSION? 4 <br />WILL I HAVE TO PAY ANY SETTLEMENT COSTS? 5 <br />MAY I KEEP ANY OF THE BUILDINGS OR OTHER IMPROVEMENTS ON MY PROPERTY? 5 <br />CAN THE CITY TAKE ONLY A PART OF MY PROPERTY? 6 <br />WILL I HAVE TO PAY RENT TO THE CITY AFTER MY PROPERTY IS ACQUIRED? 6 <br />How SOON MUST I MOVE? 6 <br />AM I ENTITLED TO RECOVER LOSS OF BUSINESS GOODWILL? 6 <br />I AM A VETERAN, HOW ABOUT MY GI LOAN? 7 <br />MY PROPERTY IS WORTH MORE NOW THAN WHEN I BOUGHT IT. MUST I 7 <br />PAY CAPITAL GAINS TAX ON THE INCREASE? <br />WHAT IF I HAVE OTHER QUESTIONS ABOUT THE PROCESS? 7 <br />