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S.F. No. 2750, Sth Engrossment- 84th Legislative Session (2005-2006) Page 9 of 13 <br />11.7 takinq steps and adoptinc�procedures that a reasonabl�prudent �r�r�.�� a similar a�ge <br />11.8 and under similar cnndi�ions as the owner. would take and ���pt in pr������.k�$ ����� <br />11.9 concern of the business or_irade; or <br />11.10 3 compensation_for the [oss,of goinc� concern will be duplicated in the <br />11.11 cnmpensatiar� ntherwise awarded #� the owner. <br />11. �� Subd. 3. Procedure. In all cases where an owner will seek compensation for lass <br />11,�f � of a qoin� concern. th� damaaes, if an�., shall in the first instance be determined bv the <br />11.'f� commissioners under-section 1��,��� as part of �he campensation_dup t� the owr�er. The <br />11.�5 owner shall notify the condemning authnrity of the nwner's intent to ��im_�omp�r��a�i� <br />11,�f � f�r loss of �ning concern within 60 da s of the first hearina before ihe �ourt, a$ pm��id�� <br />11.�17 in section 117.075. The commissioner's decision regar�ing ar�k� award for loss oing <br />11.18 concern may be a�pealed by any-party; in accordance with ���f��n � 1�.���. <br />11.19 Subd. 4. Drivewav access..Abusiness owrter is entitled tn reasnnable compensation, <br />11.20 not to exceed the three previous vears' E�.v.�na��s minus ih� �s# �� g���s�ld, i�,afr� <br />11.21 ��r establishes that #�.��Li�� of a ov_ernment entitv_permanenfly eliminated 51 <br />11.22 � or �,reater of the drivewav access into and out of a business and as a result.#��a� <br />11.23 loss of driveway access,, revenue at thP business was reduced bv 5� pPrcent or greater. <br />11.24 Determination of whetherthe re._v.,enue at the business was reduced by 51 �e�o��t �r �rea��r <br />11.25 ma.�s�t � based on a comparison of the aver.ac,�e revenues rnin�s��vera�e ��sls nf.��o�� <br />11.26 sold �or the three years prior to commencement of the praiect, with the rev�nues rninus <br />11.27 the costs of goods sold for the year following completion of the r�'e�. A claim for <br />11.28 compensation under this ���n must be made no later than one ,year after comple�ion of <br />11.29 {I�e pr�j�ct which �liminated the drivewav aecess. The irF��91����r� of a median-d�of <br />11.30 cvnstitute elimina�ion �f �rivewa� acc�ss. <br />11.3'i Sec. 12. ��:1��1 �INih1�M CQ1I�PENSATlON., <br />11.32 When an owner must relncat�, the ���unt of dama�ec,�s �ayable, at a minimum, must <br />11.33 be sufficient for an owner to purchase a comparable r�o erkv in the comm�nitv ar�d.. no� <br />11.34 less tha.r� the condemninq authority's payment or de � under sectinn 117.042, to the <br />11.35 extent that the damaaes w���u�lrc����l in the comper�sation atherwise awarded <br />12.1 to the awner_af the p�oper��. For the purpnses of this �3��?, "owner" is defined as the <br />12.2 person or entitv that hnlds fee title tc� t_ he ar�r��. <br />12.3 � �� 1 �, [1 � 7, � ��_�l II�ITATI� N5 � <br />12.4 Th� condemrtinc� authority-must not require the owner �o�accept as part of the <br />12.5 compensation due any �ubs�Ffl�E� �f. �Dj�I�C��'l��lt �f��l��f. The CDf1C���llni�� �ut�i�Fl�� <br />12.6 r,��,�t not rec�uire the nwner to accept the return of �roperiv acquired or any portion of the <br />12.7 pro�erty : <br />12.8 Sec. 14. [ j���� �4J� LI� ��1����� .. �,TI�?hl E�€���� <br />12.9 Sections 917.03� : 117.036: 1 f���.,�., suf��r��an 2 pa��gr�ph ���. 117.1 ��,117.187: <br />12.10 117.988: and 197.52, s�bdivisions 1a and 4,.do ��t a��l� to public service c�ora�ions,. <br />12.11 For �urp��e� of an award of ap_praisal fees.und�r section 1�.�h�.$�� � fees ���f��� ��Y <br />12.12 not exceed $500 for a11 types of �����{- <br />hr�gl�,�x�k�.r�v���f.��.;�ia��.m��_u��,i�s�l�E�:3T.p�p'�biT������k.�,�,ar���&ti��t{a��=��K����ri«4=1 �,���fi <br />