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75A - PH - CONDEMNATION 1415 N BRISTOL ST
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75A - PH - CONDEMNATION 1415 N BRISTOL ST
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Last modified
3/10/2016 3:59:17 PM
Creation date
3/10/2016 3:57:43 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75A
Date
3/15/2016
Destruction Year
2021
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ATTACHMENT <br />APN: 405 - 272 -19 <br />Page 2 <br />d. Reflects the definition of "fair market value" as defined in Eminent <br />Domain Law (California Code of Civil Procedure Section 1263.320) <br />which is "the highest price on the date of valuation that would be agreed <br />to by a seller being willing to sell but under no particular or urgent <br />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, <br />each dealing with the other will full knowledge of all the uses and <br />purposes for which the property is reasonably adaptable and available." <br />e. Does not reflect any consideration of or allowance for any relocation <br />assistance and payments or other benefits which the owner is entitled to <br />receive under an agreement with the public entity. <br />4. 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 />75A -19 <br />
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