HomeMy WebLinkAbout32016 / 82-19B�
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July 15, 1982
R E V I S E D
I/19B ' RESOLUTION
PURPOSE: ESTABLISHMENT OF FRED KAYE PROPERTY FAIR MARKET VALUE AND
PURCHASE OF SAME, ACQUIRE FIXTURES, AND MAKE RELOCATION
� PAYMENTS IN THE OSHKOSH CENTRE REDEVELOPMENT PROJECT
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the Co�on Council of the City of Oshkosh has approved the
Redevelopment Plan for the Oshkosh Centre Redevelopment Project No. 1; and
WHEREAS, the Plan-Commission has certified the project to the Co�on
Council as prescribed in Wisconsin Statutes, Section 66.43(5)(d); and
WHSREAS, two appraisals have been made on the property described as
follows:
PARCEL /Ill L. M. Miller's lst Addition per Leach's Map
of 1894, Lot 13, Block 16, City of Oshkosh,
Winnebago County, Wisconsin. (Commonly
known as 24 North Main Street)
WHEREAS, review appraisals have been submitted to the Common Council
in accordance with Title 3 of the Uniform Relocation Assistance and Real
Property Acquisition Policies Act of 1970 and requirements of HUD Handbook
1376.1; and
WHEREAS, the property and interes[ to be acquired includes land and
buildings exclusive of equipment and fixtures, both movable and i�ovable;
and
WHEREAS, Resolution No. 12 of February 4, 1982 authorized moving ex-
penses not to exceed $6,178 for property owned by John Cunningham and known
as Parcel 1110, 26 North Main Street; and
WHEREAS, said moving eapenses, because of the cost of moving showers,
have increased by $2,000;
NOW, THEREFORE, BE IT RESOLVED by the Co�on Council of the City of
Oshkosh that the Co�on Council certifies that the work of the appraisers
and the review appraisals have been performed in a competent manner in ac-
cordance witfi applicable state laws, the Uniform Act, and Department of
Housing and Urban Development policies and requirements;
BE IT FURTHER RESOLVED by the Co�on Council of the City of Oshkosh
that fair market value of the Fred Kaye property located at 24 North Main
Street is hereby established at T`aenty-Seven Thousand Five Hundred Dollars
($27,500) and that the proper City oificials are hereby authorized and
��T:�
July 15, 1982
II19B Resolution Continued
directed to purchase said property in that amount. Money for this purpose
is hereby appropriated from Account No. 331-104, Oshkosh Downtown Redevelopment
fund.
BE IT FURTHER RESOLVED that the proper City officials are hereby au-
thorized and directed to acquire i�ovable fixtures owned by Fred Kaye, in
an amount not to exceed the appraised value of said fixtures, said apprai-
sal value is Five Thousand Six Hundred and Fifty-Nine Dollars ($5,659).
Money for this purpose is hereby appropriated from Account No. 331-104,
Oshkosh Downtown Redevelopment fund.
BE IT FURTHER RESOLVED that the proper City officials are hereby au-
thorized and directed to make relocation payments to Fred Kaye, upon receipt
of proper vouchers as follows: replacement business payment in an amount
not to exceed Fifty Thousand Dollars ($50,000); a replacement housing pay-
ment in an amount not to exceed Fifteen Thousand Dollars ($15,000); a pay-
ment in lieu of moving and relocation expenses for businesses in an amount
not to exceed T�o Thousand Five Hundred Dollars ($2,500); and a moving ex-
penses payment for residential occupants in an amount not to exceed Five
Hundred Dollars ($500). Money for this purpose is hereby appropriated from
Account No. 331-104, Oshkosh Downtown Redevelopment fund.
BE IT FURTHER RESOLVED that the proper City officials are hereby au-
thorized and directed to amend Resolution No. 12 of February 4, 1982, to
authorize an amount not to exceed $8,178 for moving e�cpenses on Parcel /110
and to make appropriate payments to John Cunningham upon receipt of proper
vouchers. Money for this purpose is hereby appropriated from Account No.
331-104, Oshkosh Downtown Redevelopment fund.
- 19C -
SUEMITTED BY
APPROVED
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