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City Council Agenda and Packet 2013 05 21 - PG 160 - ATTACHMENT #3
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City Council Agenda and Packet 2013 05 21 - PG 160 - ATTACHMENT #3
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3/11/2021 2:08:05 PM
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7/10/2013 1:57:10 PM
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City Council Records
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City Council Packet
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6D4
Record Series Code
45.010
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CCAGPKT 2013 05 21 - PG 160 - ATTACHMENT #3
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PART 6 — RESIDUE VALUE BEFORE TAKE <br /> For purposes of measuring losses or benefits to the residue, it is necessary to compute the residue value <br /> before the taking. The residue value before take is a mathematical step that is simply the value of the <br /> larger parcel (land plus affected improvements) minus the value of the part taken, including fee takings, <br /> easements and affected improvements, but excluding any temporary easements.This is shown below: <br /> Larger Parcel Value Before Take: $93,785 <br /> Land Acquisition: $34,210 <br /> Remainder Land Value Before the Taking: $59,575 <br /> This is the value level that should be reflected in the residue parcel, if there are no damages or benefits <br /> resulting from the taking. If the residue value is less than this sum, the residue has been damaged to <br /> that extent; if the residue value is greater than this amount, the residue has benefited.The value of the <br /> residue property after the taking is addressed in the next section. <br /> Summary of Residue Value Before Take <br /> Residue Value Before Take <br /> Larger Parcel Value Before Take $93,785 <br /> Less: Value of Part Taken $34,210 <br /> Residue Value Before Take $59,575 <br /> 36 <br /> Bonnie Roerig & Associates, LLC Rear Estate Analysts - "Varuation Consuftants <br />
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