Laserfiche WebLink
HIGHEST AND BEST USE <br />Highest and Best Use is defined as 'tthe Themost <br />profitable <br />likely <br />High <br />such use <br />can be Put- use to which the property <br />most profitable continuous use <br />may be based on the highest anlikely to be in <br />andneeded, or <br />which the property is adapted elements affecting <br />demand in a reasonable near future. However, <br />value which depend upon events or a combination of occurrences <br />possibility,of are not fairly <br />which, while within the realmshouldbe excluded frum con - <br />shown to be reasonably probable, <br />sideration. Also, if the inttusu hee\intentionscannotnbenn an <br />con - <br />uncertain act of another person, <br />sidered". <br />ct s ite is essentially comprised of three differing land <br />The subje <br />classes: (l) the .91 acre Oasis Pond ontllnontthe(southe <br />uses <br />relatively nAw .57 acre storm water land thatpondseparates the two <br />and (3) the .71 acres of higher lying <br />ponds. <br />drainage and utility <br />Oasis re <br />Pond has geenThiscUmbeacres clear has no us <br />easement since 197e for other <br />r_ w ch storm water flows/ <br />than a natural body o --- <br />c o 11 <br />The newly <br />constructed .57 acre storm water holding pond covers <br />ing <br />ab <br />out the south lO5 feet of the subject OassisiPond The higher <br />land lies to the north and extends to <br />„ <br />lend is essentially steep <br />easterly part of the "high lying <br />t" two ponds . The highest and best <br />sloped area leadx.u-L--dn M ..-i°n its present useas s <br />use for the new P- d_j-s withou - quest <br />sto <br />rm water hoj-djn-g—pond. The highest and best use for the hie <br />in land is its intended use as a: buffer strip and steep s1aPa <br />lying <br />area separating the new pond from Oasis <br />file high lying land and the new <br />Much of the 1.28 acrsk muk_i►a u p have been used by Lincoln <br />holding pond could aappiLre-ntly if the <br />Properties in the Fr Lincoln Square de�rea°entthad beensallowedtto <br />P p <br />runoff from their Rosedale Squa+rc de.ve Fan <br />flow directly into Oasis Pond. The a (ndverselylutility of t1le <br />a�ffected by the: <br />land at that time waaq at least in pant the soals and by the <br />concrete/us�ahalt fill character of inity cif they then existing <br />relatively steep slopes it) <br />Ors i s Poncl . <br />22 <br />