HomeMy WebLinkAbout35165 / 88-420 R E V I S E D
December ]5, 1988 # 420 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
P�RPOSE: ESTABLISH FAIR MARKET VALUE AN� AUTHORIZE PURCHASE OF
VACANT LAND/NORTHWEST INDUSTRIAL PARK
INITIATED BY: CITY A�MINISTRATION
WHEREAS, the Common Councit of the City of Oshkosh has previously deter-
mined the necessity of acquiring certain property for construction and development
of an industrial park on the City' s northwest side; and,
WHEREAS, an appraisal has been made on the property to be acquired,
as shown on the attached Exhibit "A" ; and
WHEREAS, a review appraisal has been submitted to the Common Council
in accordance- with applicable provisions of state and federal law; and
NOW, THEREFORE, 8E IT RESOLVED by the Common Council of the City of
Oshkosh that the Common Council certifies the work of the appraiser and the review
appraiser has been performed in a competent manner according to applicable State
and Federal laws, policies and requirements.
BE IT FURTHER RESOLVED that the fair market value for the property to be
acquired, as shown in Exhibit "A" attached, is hereby established at Three Hundred
.Sixty Thousand and no/l00 Dollars (5360,000.00).
BE IT FURTHER RESOLVED that the proper City officials are authorized and
directed to purchase said property and execute all documents necessary to consumate
this transaction.
Money for this purpose is appropriated from Account No. 779-]04 -- TID N6
— Land.
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. Res. #420
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