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HomeMy WebLinkAboutResolution #0732RESOLUTION NUMBER _~~~ A RESOLUTION ESTABLISHING THE BASIS FOR THE DETERMINATION OF JUST COMPENSATION FOR CERTAIN PARCELS. TO BE ACQUIRED BY THE CITY OF CANTON, ILLINOIS. WHEREAS, the City of Canton, Illinois, deems it necessary and advisable to establish the basis for the determination of just compensation for certain parcels of real property to be acquired by the City of Canton, Illinois; and, WHEREAS, the Uniform Relocation Assistance and Real Property Acquisition Policies Act, Pub lie Law 91=b46, requires that the parcels be appraised by two competent professional real estate appraisers under Contract to the City of Canton, Illinois; and, WHEREAS, said Act requires that the appraisals be reviewed by a review appraiser and he present his recommendations in written form, and said form be on file in the Department of Community Development. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS: That these procedures be, and the same are, hereby established as the basis for the determination of just compensation for real property to be acquired by the City of Canton, Illinois. PASSED by the City Council of the City of Canton, Illinois, and APPROVED by the Mayor thereof this~,~ day of April, 1977. CITY OF CANTON, ILLINOIS B / ~ Robert F. nnings, yor Attest: Nellie Crawford, y C rk