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HomeMy Public PortalAbout100-1992- AMENDING RESOLUTION 17-1991ORDINANCE NO. 100-1992 A SPECIAL ORDINANCE AMENDING RESOLUTION NO. 17-1991 AUTHORIZING THE ACQUISITION OF LAND FOR THE CONSTRUCTION OF SOUTH 37TH STREET WHEREAS the Common Council of the City of Richmond, Indiana, adopted Resolution No. 17-1991 authorizing the extension Elks Club Road south of East Main Street, and WHEREAS said project is now generally known as the "construction of South 37th Street" instead of the "extension of Elks Club Road", and WHEREAS said resolution authorized the Board of Public Works and Safety to appoint two appraisers to determine the fair market value of the lands and structures to be acquired and proceed to purchase the same for a price no greater than the average of the two appraisals, and WHEREAS the average of the two appraisals of the Town & Country Motel before the taking was $299,867 and after the taking was $84,959, leaving compensation due the owner of $214,908, and WHEREAS the owner obtained an appraisal of the value after the taking as being $63,750, and WHEREAS the City Attorney has reviewed the respective appraisal reports and the contentions of the land owner/contract purchasers and is of the opinion that the "after taking" appraisal obtained by the land owner/contract purchasers is more likely to prevail in the course of eminent domain litigation, and WHEREAS it is advantageous to the City to compromise and reach a settlement of this matter in order to avoid the expense of litigation and delay to the construction of South 37th Street, NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, that the Board of Public Works and Safety is authorized to purchase that portion of the Town & Country Motel buildings and land, located at 3643 East Main Street, required for the construction of South 37th Street for the sum of $236,117. Passed and adopted this 21 st day of December, 1992, by the Common Council of the City of Richmond, Indiana. ,President (Howar . Elstro) ATTEST: ,City Clerk (Norma Carnes) PRESENTED to the Mayor of the City of Richmond, Indiana, this 22nd d of December, 1992, at 9:00 a.m. - ,City Clerk (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of th of ond, Indiana, this 22nd day of December, 1992, at 9:05 a.m. LA bj<A____�,Mayor oger Cornett ATTEST:-- a -',City Clerk (Norma Carnes) Create PDF files without this message by purchasing novaPDF printer (ht .//www.novapdf.com) DISPOSITION OF ORDINANCE NO. C-0 -,,n� RESOLUTION NO.-i9�— by Common Council Ordinance Nolo—o Resolution No. — Elstro Lundy Brookbank Donat McBride Parker Dickman Alien Hutton Date Z 12- Susp. rules Ist read Titleonly -- --- ------ ---- ------ ---- -------- Proof of Publicaton ----------------- Seconded Move to-2nd-read - ----- ----- ----- ---------- ...... ........ -------------- Seconded Engrossment ✓-------- --------------- Seconded-------- ----- ------------ --- - -- - Susp rules 3rd-read ----- ----- ----- ----------- -✓ ------ ---- -------- Seconded Passage �/ i% ✓ ✓-- --3 = --V --- --v------�- ------ --O R- - ----------- ----- ---- Rejection Date Passed -2-- z i 19 COMMITTEE ASSIG MEN S: Committee Date Commitee Hearing Date Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS: Create PDF files without this message by purchasing novaPDF printer (ht .//www.novapdf.com)