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Iff <br />IWATE & July 19,11 1984 <br />TO: City Council <br />F ROM James F. Andre, City, Manager <br />S'UBJEC'TS IK TERMINAL CONDEMATION AWARD <br />I <br />The Commissioner's award (attached) on the PIK property has bee <br />submittled to tihe C'ity.1 'Thie totial award was for $170,000. Base <br />on 1.65 acres, 1"t provides a, pier acre cost of $106.,000,, 1 <br />Other expensies connected with tihe acquis ition attempts and condem- <br />nat,ion process arie, as f'ol,lows,: <br />Rxpiert Witness (on Truck Terminals) $1,�887*5# <br />In addition, it, is estle mate d there was approximately $3,000 staff <br />time inv off, ,ved in this pir'loicess, <br />In early, 1983 this off-ice reclommienided the City make an offer of <br />$100,0001 ($610,0001 p,e�r acre) for thie, 1,.65 a,cre site. This offer was <br />rejected by the owner,, In May, 1983, the staff recommended the <br />s ite should be priesiervied, and the Council initiated condemnation <br />proceedings . <br />