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75L - PH - RESO NECESSITY 2240 S BRISTOL
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06/20/2017
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75L - PH - RESO NECESSITY 2240 S BRISTOL
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Last modified
6/19/2017 9:05:03 AM
Creation date
6/15/2017 4:21:55 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75L
Date
6/20/2017
Destruction Year
2022
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TABLE OF CONTENTS <br />PAGE <br />WHY IS MY PROPERTY REQUIRED? <br />I <br />WHAT RIGHT DOES THE CITY RAVE TO ACQUIRE MY PROPERTY? <br />I <br />WHO MAKES THE DECISION TO BUY MY PROPERTY? <br />I <br />HOW WILL THE CITY DETERMINE HOW MUCH TO OFFER ME FOR MY PROPERTY? <br />I <br />WHAT IS FAIR MARKET VALUE? <br />I <br />HOW DOES AN APPRAISER DETERMINE THE FAIR MARKET VALUE OF MY PROPERTY? <br />2 <br />WILL I HAVE A CHANCE TO TALI{ TO THE APPRAISER? <br />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? <br />2 <br />WHAT IS IN THE CITY'S STATEMENT OF THE BASIS FOR ITS DETERMINATION <br />2 <br />OF NST COMPENSATION? <br />CAN I GET AN APPRAISAL? <br />3 <br />MUST I ACCEPT THE CITY'S INITIAL OFFER? <br />3 <br />MAY I HAVE SOMEONE REPRESENT ME DURING NEGOTIATIONS? <br />3 <br />IF I AGREE TO ACCEPT THE CITY'S OFFER, HOW SOON WILL I BE PAID? <br />.4 <br />WHATHAPPENS IF I DO NOT AGREE TO THE FINAL P'URC'HASE OFFER? <br />4 <br />WHAT HAPPENS IF THE CITY CONDEMNS MY PROPERTY? <br />4 <br />WHAT IS AN ORDER OF POSSESSION? <br />4 <br />WILL I RAVE TO PAY ANY SETTLEMENT COSTS? <br />5 <br />MAY I KEEP ANY OF THE BUILDINGS OR OTHER IMPROVEMENTS ON MY PROPERTY? <br />5 <br />CAN THE CITY TAKE ONLY A PART OF MY PROPERTY? <br />6 <br />WILL I HAVE TO PAY RENT TO THE CITY AFTER MY PROPERTY IS ACQUIRED? <br />6 <br />How SOON MUST I MOVE? <br />6 <br />AM I ENTITLED TO RECOVER L08S OF BUSINESS GOODWILL? <br />6 <br />I AM A VETERAN, HOW ABOUT MY GI LOAN? <br />7 <br />MY PROPERTY IS WORTH MORE NOW THAN WHEN I BOUGIIT IT. MUST I <br />7 <br />PAY CAPITAL GAINS TAX ON THE INCREASE? <br />WHAT IF I HAVE. OTIIER QUESTIONS ABOUT THE PROCESS? <br />7 <br />75L-36 <br />
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