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75J - PH - RESO NECESSITY 2209 S BRISTOL
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06/20/2017
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75J - PH - RESO NECESSITY 2209 S BRISTOL
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Last modified
6/19/2017 9:02:07 AM
Creation date
6/15/2017 4:21:24 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75J
Date
6/20/2017
Destruction Year
2022
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Fair Market Value of the Subject Property <br />Land and structures $512,000.00 <br />(as per attached appraisal summary statement) <br />i. Fixtures and equipment pertaining to realty + $ 56,025.00 <br />(as per attached inventory — see Attachment 7) <br />2. Total just compensation <br />$568,025.00 <br />EXHIBIT A <br />i. The City has not made a determination as to the ownership of the Fixtures and Equipment. <br />Landlord and tenant will need to come to an agreement as to the ownership of these items, <br />before compensation can be withdrawn from Escrow. <br />2. The total just compensation offered assumes that the property Is free of any environmental <br />contaminates or other conditions which may impact fair market value. <br />75J-8 <br />
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