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75R - PH - RESO NECESSITY 2223 S BRISTOL
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06/20/2017
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75R - PH - RESO NECESSITY 2223 S BRISTOL
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Last modified
6/19/2017 9:14:07 AM
Creation date
6/15/2017 4:23:19 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75R
Date
6/20/2017
Destruction Year
2022
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i <br />ZA B]L.E Or CONTENTS <br />PAGE <br />WHYIS MY PROPERTY REQUIRED? ] <br />WHAT RIGHT DGES THE CITY HAVE TO ACQUIRE MY PROPERTY? 1 <br />WI10 MAKES THE DECISION TO BUY MY PROPERTY? <br />1 <br />HOW WILL THE CITY DETERMINE HOW MUCH TO OFFER ME FOR, MY PROPERTY? <br />1 <br />WHAT IS rAIR MARKET VALUE? <br />1 <br />How DOES AN APPRAISER DETERMINE THE FAIR MARKET VALUE OF MY PROPERTY? <br />2 <br />WILL I HAVE A CHANCE TO TALK TO THE APPRAISER? <br />2 <br />ONCE THE CITY DETERMINES THAT MYPROPERTY IS NECESSARY FOR A PUBLIC <br />PROTECT, HOW SOON WILL TIM 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 WST COMPENSATION7 <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 CH Y'S OFFER, HOW SOON WILL I BE PAID? <br />4 <br />WHAT HAPPENS IF I DO NOT AGREE TO THE FINAL PURCHASE 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 HAVE TO PAY ANY SETTLEMENT COSTS? <br />$ <br />MAY I KEEP ANY OF THE BUILDINGS OR OTHER IMPROVEMENTS ON MY PROPERTY? <br />S <br />CAN THE CITY" TAKE ONLY A PART OF MYPROPERTY7 <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 />.AMI ENTITLED TO RECOVER LOSS OF BUSINESS GOODWILL? <br />6 <br />I AM A VETERAN, HOW ABOUT MY GI LOAN? 7 <br />MY PROPERTY IS WORTH MORE NOW THAN WHEN I BOUGHT IT. MUST I 7 <br />PAY CAPITAL GAINS TAX ON TI -M INCREASE? <br />WHAT IF I HAVE OTHER QUESTIONS ABOUT THE PROCESS? 7 <br />75R-25 <br />
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