Resolutions-2020-082

RESOLUTION NO. 2020-082 On this 20th day of October, 2020, at the regular meeting of the Tiffin City Council, Tiffin, Iowa, Councilperson Havens introduced RESOLUTION NO. 2020-082, A RESOLUTION ESTABLISHING JUST COMPENSATION FOR ACQUISITION OF A PORTION OR AN INTEREST IN CERTAIN REAL PROPERTY OWNED BY JOHN POWELL RARICK AND ROBERT RARICK AS TRUSTEES OF THE TRUST CREATED IN THE LAST WILL AND TESTAMENT OF RUTH E. RARICK, DECEASED, FOR THE FOREVERGREEN CONSTRUCTION ROAD PROJECT and made a motion for approval. The motion was seconded by Councilperson Schnedler. ESTABLISHING JUST COMPENSATION FOR ACQUISITION OF A PORTION OR AN INTEREST IN CERTAIN REAL PROPERTY OWNED BY JOHN POWELL RARICK AND ROBERT RARICK AS TRUSTEES OF THE TRUST CREATED IN THE LAST WILL AND TESTAMENT OF RUTH E. RARICK, DECEASED, FOR THE FOREVERGREEN CONSTRUCTION ROAD PROJECT WHEREAS, the City of Tiffin, Iowa, for the Forevergreen Road Construction Project intends to acquire a portion of and/or an interest in certain real property (the Property) owned by John Powell Rarick and Robert Rarick as Trustees of the Trust created in the Last Will and Testament of Ruth E. Rarick, Deceased, which is legally described as follows: The east half of the northwest quarter of Section 22, Township 80 North, Range 7 West of the 5th P.M. subject to easements, restrictions and covenants of record. AND WHEREAS, the City of Tiffin, Iowa for the Forevergreen Road Construction Project intends to acquire the portion of the above-described real estate as identified in the attached Exhibit A. AND WHEREAS, Chapter 6B, Code of Iowa, requires that the City of Tiffin, Iowa, must make a good-faith effort to negotiate with John Powell Rarick and Robert Rarick as Trustees of the Trust created in the Last Will and Testament of Ruth E. Rarick, Deceased, to purchase a portion and/or an interest in the Property before proceeding with condemnation; AND WHEREAS, the City of Tiffin, Iowa may not make an offer to purchase a portion and/or an interest in the Property which is less than the fair market value the City of Tiffin, Iowa has established for the Property; AND WHEREAS, the City of Tiffin, Iowa has caused an appraisal of a portion and/or an interest in the Property to be made to determine the difference in the fair market value of the Property immediately before and immediately after the acquisition of a portion of the Property needed for the Project.