HomeMy WebLinkAbout32014 / 82-18BJULY 15, 1982
# 18.B RESOLUTION
PURPOSE: ESTABLISHMENT OF ROBERT L. AND BETTY J. LUND, FAIR :fARRET
VALUE AND PURCHASE OF SAME
INITIATID BY: CITY ADMINISTRATION
Wf�REAS, the Common Council of the City of Oshkosh has approved the
Redevelopment Plan for the Oshkosh Centre Redevelopment Project No. 1; and
Wl�REAS, the Plan Commission has certified the project to the Co�on
Couacil as prescr:be3 ir. Tdiscoasin Sta.utes, Section 66.43�5)�d); snd
WHEREAS, three appraisals have been made on the property described as
follows (commonly known as the Robert L. and Betty J. Lund property):
Moore's Subdivision of Lots 1& 2, Block 3, Lot 4, Leach's Map
Block 6 Exc Com at NW corner of Lot 4 S to Meander Line of Fox
River SELY, on said Meander Line 46 Ft. NELY 124.4 Ft. to an
iron post set in concrete being 10 Ft. west of west line Lot 11
Moore's Subdivision then north 90.6 Ft. to north line Lo[ 4 thence
NWLY to place of beginning also SLY 1/2 of Vac Marion Road LYG
NLY of and adjacent to ELY 10 Ft. of Lot 4, Block 6, Leach's Map
also Lot 11 exc E. 16 Ft.
WE�REAS, a review appraisal has been submitted to the Common Council in
accordance with Title 3 of the Uniform Relocation Assistance and Real Pro-
perty Acquisition Policies Ac[ of 1970 and requirements of HUD $andbook 1376.1;
and
WHEREAS, the property and interest to be acquired includes land and
buildings exclusive of equipment and fixtures, both moveable and inmov2ble;
NOW, THE�°rORE, BE IT RESOLVED by the Cor.¢non Council of the City of
Os4�cosi *hac =c� Common C�i�nc�i _:-rti�i:�.ti '_}iat �; �;✓or�c oL che arnrais-.s _�ci
the revie•a aporaisal has bzen per�o-�ad in a como�tent a�azr.�r _,. 3ccor:aace
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 Robert L. and Betty J. Lund property is hereby es—
tablished at One Hundred Ten Thousand ($110,000) Dollars, and that the proper
. — i88 -
JULY 15, 1982 # ],gg RESOLUTION (Con't)
City officials are hereby authorized and directed to purchase said property
in [hat amount. Money for this purpose is hereby appropriated from
Account No. 331-104, Oshkash Dovntown Redevelopment Fund.
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