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HomeMy WebLinkAboutRES 75 289r,9-7 5- 2-O'q R E S O L U T I O N WHEREAS, the acquisition of Parcel Number 9 of C.I.P. Project 11 -ST -122, Sarah Street, is essential to the Sarah Street Project; and, WHEREAS, the appraised value of the part needed for right-of-way purposes in Parcel Number 9 is $11,150.00, and would leave the property and improvements severed by this partial taking; and, WHEREAS, the market value of the entire property of Parcel Number 9 is $11,650.00, making a difference of $500.00 between a partial taking and a complete taking; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the Community Development Department be, and it is hereby, directed to acquire Parcel Number 9 of C.I.P. Project 11 -ST -122, Sarah Street, for the market value price of $11,650.00, as an alternative to that required for right-of-way purposes only. PASSED BY THE CITY COUNCIL of the City of Beaumont this the �q +h day of 1975. - Mayor -