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75Q - PH - RESO NECESSITY 2231 S BRISTOL
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06/20/2017
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75Q - PH - RESO NECESSITY 2231 S BRISTOL
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Last modified
6/19/2017 9:12:21 AM
Creation date
6/15/2017 4:23:05 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75Q
Date
6/20/2017
Destruction Year
2022
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Fair Market Value of the Subject Property <br />Land and structures $570,000.00 <br />(as per attached appraisal summary statement) <br />i. Fixtures and equipment pertaining to realty +$ 57,o75.o0 <br />(as per attached inventory — see Attachment 7) <br />2. Total just compensation <br />$627,075.00 <br />EXHIBIT A <br />i. The City has not made a determination as to the ownership of the Fixtures and <br />Equipment. Landlord and tenant will need to come to an agreement as to the ownership <br />of these items, before compensation can be withdrawn from Escrow. <br />2. The total just compensation offered assumes that the property is free of any <br />environmental contaminates or other conditions which may impact fair market value. <br />75Q-7 <br />
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