HomeMy WebLinkAbout32104 / 82-06SEPTEMBER 16 :982
# 6 RESOLUTIOV
PURPOSE: ESTABLISHMENT OF GEHRKE'S SPORT SHOP, FAIR :fARKET VALUE
AND PURCHASE OF SAME
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the Covm�on Council of the City of Oshkosh has approved the
Redevelopment Plan for the Oshkosh Centre Redevelopment Project No. 1; and
WHEREAS, the Plan Co�ission has certified the project to the Commnon
Council as prescribed in Wisconsin Statutes, SecCion 66.43(5)(d); and
WHEREAS, three appraisals have been made on the property described
as follws (co�nonly known as Gehrke's Sport Shop):
Moore's Subdivision of Lots I 6 2, Block 3,
Lot 10, lst Ward, City of Oshkosh.
WHEREAS, a review appraisal has been submitted to the Co�on Counci2
in accordance with Title 3 of the Uniform Relocation:Assistance and Real Property
� Acquisi[ion Policies Act of 1970 and requirements of HUD Handbook 1376.1; and
WHEREAS, the property and interest to be acquired includes land and
buildings exclusive of equipment and fixtures, both soveable and i�avatle.
NOW, THEREFORE, BE IT RESOLVED by the Co�on Council of the City of
Oshkosh that the Coffinon Council certifies that the work of the appraisers and
the review appraisal has been performed in a competent manner in accordance wi[h
applicable state laws, the Uniform Act, and Department of Housing and Urban Deve1-
opment policies and require�ents;
BE IT FURT[iER RESOLVED by the Co�on Council of the City of Oshkosh
that fair market value for Gehrke's Sport Shop is hereby established at Twer.ty
Five Thousand Dollars ($Z5,000) 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. 331-104, Oshkosh Downtown
Redevelopment Fund.
SUF3MITTED BY
APPROVED �� �,^,_
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