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HomeMy WebLinkAbout1984-108-07/17/1984-APPROVING A DETERMINATION OF JUST COMPENSATION FOR THE ACQUISITION OF CERTAIN PROPERTY LOCATED WITHI RESOLUTION 84- 108 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING A DETERMINATION OF JUST COMPENSATION FOR THE ACQUISITION OF CERTAIN PROPERTY LOCATED WITHIN THE CITY OF FORT COLLINS WHEREAS, from time to time the City of Fort Collins utilizes Community Development Block Grant Funds for the acquisition of properties to be utilized in connection with certain previously approved community develop- ment projects; and WHEREAS, in utilizing said funds, the City has agreed to pay just compensation for the acquisition of any properties and, in accordance therewith, has caused appraisals of the property described below to be prepared; and WHEREAS, the City has caused said appraisals to be reviewed and in the course of said review has determined just compensation for the subject premises; and WHEREAS, in the considered opinion of the Council of the City of Fort Collins, the value for the property described below does, in fact, repre- sent just compensation for said property. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS AS FOLLOWS: Section 1. That the values set forth below for the property identi- fied below do, in fact, represent just compensation for said property. Property Owner Legal Appraised Value Larimer Community 419 Pine Street Services, Inc. Lot 1, Blk. 3, City of Fort Collins $14,000 Section 2. That the City Manager be, and he hereby is, authorized and directed to offer and acquire said property for the amount of $14,000. Passed and adopted at a regular meeting of the City Council held this 17th day of July, 1984. l Mayor ATTEST: I City Clerk