HomeMy WebLinkAbout33170 / 85-07. �
JANUARY 17, 1985 # 7 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: ESTABLISHMENT OF KANDO, LTD. FAIR MARKET UALUE AND PURCHASE
OF SAME. (D.E.E.R. Project)
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the City of Oshkosh has been designated by the Wisconsin
Housing and Economic Development Authority as a sponsor of the Demonstration
of Energy Efficient Rehabilitation program; and
WHEREAS, the Common Council of the City of Oshkosh has determined that
the acquisition of an improved parcel of land is necessary for this project;
and
WHEREAS, an appraisal has been made on the property described as
follows: (commonly known as 200 East Irving Avenue)
The West 70.5 feet of South 95.2 feet of Lot 31, Block A, Baldwin
& Knapps Addition, lOth Ward, City of Oshkosh, Winnebago County,
Wisconsin.
WHEREAS, a review appraisal has been submitted to the Common Council;
and
WHEREAS, the property and interest to be acquired includes land and
buildings exclusive of equipment and fixtures, both moveable and immovable;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the Common Council certifies that the work of the appraisers
and the review appraisal has been performed in a competent manner in
accordance with applicable state laws, the Uniform Act, and Department of
Housing and Urban Development policies and requirements;
BE IT FURTHER RESOLVED by the Common Council of the City of Oshkosh that
fair market value for the Kando, Ltd. property is hereby established at
Twenty-five Thousand ($25,000.00) Dollars, and that the proper City officials
are hereby authorized and directed to purchase said property in that amount.
Money for this purpose is hereby appropriated from Account No. 321-821,
Community Development Block Grant — D.E.E.R, Project.
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