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75A - PH - RESO CONDEMNATION 1501 N BRISTOL
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75A - PH - RESO CONDEMNATION 1501 N BRISTOL
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Last modified
1/29/2015 1:46:34 PM
Creation date
1/29/2015 1:39:58 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75A
Date
2/3/2015
Destruction Year
2020
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ATTACHMENT <br />APN: 405 - 252 -20 <br />Page 2 <br />d. Reflects the definition of "fair market value" as defined in Eminent Domain Law <br />(California Code of Civil Procedure Section 1263.320) which is "the highest price on the <br />date of valuation that would be agreed to by a seller being willing to sell but under no <br />particular or urgent necessity for doing so, nor obliged to sell, and a buyer, being ready, <br />willing and able to buy but under no particular necessity for so doing, each dealing with <br />the other will full knowledge of all the uses and purposes for which the property is <br />reasonably adaptable and available." Does not reflect any consideration of or <br />allowance for any relocation assistance and payments or other benefits <br />which the owner is entitled to receive under an agreement with the public <br />entity. <br />5. If you ultimately elect to reject the offer made by the City of Santa Ana for your <br />property, you are entitled to have the amount of compensation determined by a <br />court of law in accordance with the laws of the State of California. <br />e. <br />75A -23 <br />
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