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HomeMy WebLinkAbout~Master - Acquisition of Hansen property for Electric Utility RESOLUTION NO. 03-344 RESOLUTION AUTHORIZING PROPERTY ACQUISITION BY CONDEMNATION FOR THE ELECTRIC UTILITY COAL STORAGE PROJECT WHEREAS, there is a reasonable expectation that the City of Ames will be able to achieve its public purpose, comply with applicable standards, and obtain the necessary permits for the Electric Utility Coal Storage Project; and, WHEREAS, every effort shall be made to acquire, expeditiously by negotiation, the real property that is needed for that project; and, WHEREAS before such negotiations the amount of just compensation shall be determined in accordance with Section 613.54(2) Code of Iowa and Ames City Council Resolution No. 99-340. BE IT RESOLVED, by the City Council of the City of Ames, Iowa, that the City staff shall proceed with the acquisition of property rights necessary for the Electric Utility Project by condemnation after good faith negotiations. BE IT FURTHER RESOLVED, that the Director of the Electric Utility is hereby authorized and empowered to determine the amount of just compensation for each and every property or interest in property to be acquired for said project, those determinations to be made on the basis of appraisals and estimates of compensation in accordance with Ames City Council Resolution No. 99-340 enacted September 14, 1999. In no case shall the amount offered on behalf of the City of Ames for acquisition of a property be less than the lowest appraisal of the fair market value of the property. DONE this 26th day of August , 2003. By: Attest by: — ^ A(� ► U Ted edesco, Mayor Diane R. Voss, City Clerk S:\Condemna\F013-Resolution to Proceed with Acquisition by Condemnation.wpd v � 1 �y I�