HomeMy WebLinkAbout31594 / 81-10� YUVE�ffiER 5, i98i
# 10
RESOLUTION
PURPOSE: ESTABLISHMENT OE FAIR MARKET VALUE OF VARIOUS PARCELS IN
THE OSHKOSH CENTRE PROJECT AND PURCHASE OF SAME
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the Co�ton 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 Common Council
as prescribed in Wisconsin Statutes, Section 66.43(5)(d); and
WHEREAS, two appraisals have been made on the properties descibed as
follows:
Parcel 114 Moore's Subdivision of Lots 1 and 2, Block 3, Lot 3, lst Zdard,
City of Oshkosh, Winnebago County, Wisconsin. (Commonly known
as 23 North Main Street)
Parcel /l25 L. M. Miller's lst Addition, Lots 18, 19, 20, Block 20, 8th Ward,
City of Oshkosh, Winnebago County, Wisconsin. (Cammonly known
as 118-202 Ceape Avenue)
Parcel �i26 L.M. Miller's lst Addition, Lot 16 and 17, Block 20, 8th Ward,
City of Oshkosh, Winnebago County, Wisconsin. (Commonly known
as 204 Ceape Avenue)
WHEIZEAS, review appraisals have been submitted to the Common Council in
accordance with Title 3 of the Uniform Relocation Assistance and Real Pzopetty
Acquisition 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 moveable and iffinovable;
NOW, THEREFORE, BE IT RESOLVED by the Cownon Council of Che City of Oshkosh
that the Common Council certifies that the work of the appraisers and the review
appraisals have 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;
-10A-
BE IT FURTHER RESOLVED by the Common Council of the City of Oshkosh that
fair market value for Parcel ll 4 is hereby established at TWENTY THOUSAND
($20,000) DOLLARS, and that the proper City officials are hereby au[horized 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.
BE IT FURTHER RESOLVED by the Cov�on Council of the City of Oshkosh that
fair market value for Parcel Ii25 is hereby established at NINETY-FOUR THOUSAND
FIVE HUNDRED ($94,500) DOLLARS, and that the proper City officals 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 Redevelop-
ment Fund.
BE IT FURTHER RESOLVED by the Co�on Council of the City of Oshkosh that
fAir market value for Parcel /k26 is hereby established at SEVENTY THOUSAND ($70,000)
DOLLARS, and that the proper City officals 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.
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