10-28-1996 Council Packet - Laserfiche WebLink

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1. You have been paid the 29^^^ purchase price, cr 2. A deposit has been made with the court, for your benefit, in an amount not less than the County approved appraisal, or the amount of the award of c®*P**i**t1on in a condemnation proceeding. Once the County has acquired your property, it may decide to rent it, subject to iiiT’IIJ* The amount of rent charged you. or another tenant,will not exceed the fair rental value of the property to a short term occupier. You may make a gift or donation of the property, or any part of it, or of any of the compensation paid for it, to the County. You have the right to receive just compensation for the acquisition of the property if it is desired. You are also entitled to have an appraisal made of the property along with an offer of just compensation. However, you may release the County from either or both of the obligations. It is your option. CONDEMNATION If agreement cannot be reached on the purchase of your property the County will a^ire your propeKy by the exercise of the power of eminent domain. If a situation such as this does occur, the County will institute formal condenatlon proceedings. U^er eminent d^omaln procedures, the court appointed conissloners may, in their discretion, allow reasonable owner appraisal costs not to exceed $500. BUIL0IN6S, STRUCTURES AND IHRROVEMEIITS - SIN6LE OMNERSHIP When the County obtains an Interest in your land, it must acquire at least an equal *ny buildings, structures or improvements located on the acquired land, if they are required to be removed or if the highway project-will adversely affect them. ^ r ^ TENANT-OHNED BUIL0IN6S, STRUCTURES AND IHFROVEMENTS The County is required to pay for property as if it were in a single ownership and the contributory value of a tenant's improvements will be paid. lirother words, if you arn a tenant who owns a building, structure or improvement on-^land required for public pui^oses, the offer made by the County to the landowner will include either the fair market value which your building, structure or improvement contributes to the real property or the fair market value of the building, structure or improvement for removal from the real property, whichever is greater. As a tenant owning any buildings, structures or improvements on real property you must reach agreement with the landowner as to your share of*the settlement. 1