HomeMy WebLinkAboutR-85-0394J-85-331
4/8/85
RESOLUTION N06 _
85-394
Y A RESOLUTION AUTHORIZING THE CITY MANAGER TO
INITIATE THE ACQUISITION OF THE 71 REMAINING
PARCELS IN THE SOUTHEAST OVERTOWN/PARK WEST
PROJECT AREA; AND REQUESTING THAT DADE COUNTY
INITIATE CONDEMNATION PROCEEDINGS IN THE NAME
OF THE CITY FOR THOSE PROPERTIES THAT CANNOT
BE PURCHASED BY NEGOTIATION.
WHEREAS, the Community Redevelopment Act of 1969, as
amended, requires in Chapter 163.360 that a community redevelop-
ment area shall not be planned or initiated unless the governing
body has, by resolution, determined such area to be a slum area,
or a blighted area, or a combination thereof, and designated such
area as appropriate for a community redevelopment project; and
WHEREAS, by Resolution 1179-69 the Board of County Commis-
;`
S
sioners determined that the Central Miami Urban Renewal Area
bounded by Northwest Twenty -Ninth Street on the North, by the FEC
Railroad on the East with an extension to Northeast Second
'
Avenue, including the New World Center Campus, on the West by
Expressway I-951 and on the South by the Miami River was a slum
and blighted area; and
WHEREAS, that portion of the City, known as Overtown,
jiyj 1,_T
bounded on the South by Northwest Sixth Street, on the West by
Northwest Third Avenue, on the East by Northwest First Court and
-;'-r-
on the North by Northwest Eighth Street was included within the
Central Miami Urban Renewal Area; and
�
WHEREAS, by Resolution R-39-81 the Board of County Commis-
sioners approved an amendment to expand the Central Miami Urban
Renewal Area to include the Park West area bounded on the West
and South by the FEC tracks, on the East by Biscayne Boulevard
and on the north by I-395, as a slum and blighted area; and
_.
WHEREAS, by Resolution R-1677-82 the Board of County
-�
Commissioners, deleted the area within the boundaries set forth
,ku '
in the herein two immediately preceding clauses known as
-_
Southeast 0 vertown/Park West from the Central Miami
I UlMn dMRAION
-
MEETING OF
APR 11 1985
RESOIUi 1UN 14,05-391
--=
REMARKS. --• --.----•--�
`=r
Y
Plan in order that said area be established as a separate
community redevelopment area for tax increment financing purposes
y,
and approved the Southeast O vertown/Park West Community
Redevelopment Plan; and
WHEREAS, the City Commission by Resolution No. 83-972
approved the Phase t O vertown Transit Station Impact Area
r.:
Redevelopment Proposal wherein the designated slum and/or
blighted areas of O vertown and Parkwest encompassed the
redevelopment area; and
WHEREAS, five of the blocks within the redevelopment area
have been acquired; and
.:
WHEREAS, the acquisition of the remaining 71 parcels is
essential to establish a critical mass of redevelopment
activities during the early stages of the project; and
.;
WHEREAS, within the redevelopment area there is a shortage
of housing affordable to residents of low or moderate income; and
WHEREAS, the rehabilitation, conservation or redevelopment
aY,
A'
or a combination thereof of such area or areas is necessary in
�y
the interest of the public health, safety, morals, or welfare of
the residents of the municipality; and
WHEREAS, developers need assurances that the full 28-acre
'
redevelopment area will be cleared and redeveloped in order to
make the area marketable; and
-
WHEREAS, tLe acquisition will achieve the desired balance of
Y
redevelopment activities on both the Overtown and Park West
portions of the project area; and
WHEREAS, in order to submit an application for an Urban
µ>.
Development Action Grant (UDAG), it is necessary for the City to
have control of the land or have taken steps to secure control at
the time of application; and
-- i
WHEREAS, the owners of the remaining parcels have been
uncertain about the future of their property; and
WHEREAS, all of the Phase I development proposals anticipate
a start up date between 1986 and 1988, thus requiring public
a
-2-
85-394*.
t
delivery of the land to the developers by 1987; and
WHEREAS, the acquisition costs of the specific parcels to be
acquired are set forth in Table 1 attached hereto and trade a part
hereof; and
WHEREAS, proceeds from the sale of General Obligation
Housing Bonds and a Section 108 loan are available for acquisi-
tion use;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
`1 OF MIAMI, FLORIDA:
Section 1. This Commission hereby finds, determines and
declares that the matters set out in foregoing recitals are true
and correct and they are hereby incorporated by reference as if
fully set forth in this Section.
Section 2. This Commission hereby finds that the slum
and blighted conditions within the redevelopment area have not
changed since the Southeast 0 vertown/Park West area was
established as a community redevelopment area, known as the
Southeast Overtown/Park West Community Redevelopment Area.
City Section 3. The is hereby
y Manager g y authorized to
�-_
initiate the acquisition of 71 remaining !' q g parcels in the Southeast
-'' Overtown/Park West Project Area.
Section 4. Dade County is hereby requested to initiate
condemnation proceedings in the name of the City for those
properties in said area that cannot be acquired b q y purchase.
PASSED AND ADOPTED this llth day of April , 1985.
T
MAURICE A. FERRE
:�.
� MAURICE A. FERRE, Mayor
LPH G. ONGIE
+� City Clerk
PR4RT
AND APPROVED BY: APP ED AS ORM AND CORRECTNESS
V'o
RO. SECHEN CIA A. DOUGHERTY
Assistant City Attorney City Attorney
RNS/LGK/la/pb/205
-3-
85-394...
CITY OF MIAMI. FLORIbA
I ' • 1L-�
INT(mOFF1EE
4'
NiEMC>1ANbWM
To. Randolph B. Rosencrantz,
DATE: March 25, 1985
City Manager
SU`JECT: Phase I
Acquisition & Relocation
City Commission
Agenda
sROM: Herbert J. Bailey
REPERENCES: April 11, 1985
Assistant City Manager .•)
S.E. Overtown/Park West ,
ENCLOSURES: 1
Redevelopment Project
h.,
T.
It is recommended that the City Commission
approve the attached resolution authorizing
the City Manager to initiate the acquisition
of the 71 remaininq parcels in the Southeast
Overtown/Park West Project Area based on the
appraisals prepared by the Real Estate
Research Corporation and Leonard Bisz and to
request that Dade County initiate condemna-
tion proceedings in the name of the City for
those properties that cannot be purchased by
negotiation. Funding for acquisition is from
the 1976 G.O. Housing Bond and a Section 108
loan from the U.S. Department of Housing and
Urban Development.
On October 25, 1983 the City Commission approved the Phase I
Overtown Transit Station Impact Area Redevelopment Proposal
(Resolution) 83-972 which delineated a nine -block Phase I rede-
velopment area. Five of the blocks have already been acquired by
Dade County with funding provided by City and County Community
Development programs, a grant from the U.S. Department of Trans-
portation, and from the State of Florida anticipated funding.
The final determination of value for 32 of the 42 parcels in the
UMTA area will be made at a jury trial scheduled for October. It
is anticipated that sufficient funding is available to cover the
acquisition costs, based on the experience of Dade County in the
acquisition of land for Metrorail.
The City is completing Phase I developer selection and it is
extremely important that the remaining land in the Phase I
redevelopment area be acquired in a timely manner based on the
following factors:
-- It is essential to establish a critical mass of redevelopment
activities during the early stages of the project, which
necessitates multiple parcel development.
Randolph B. Rosencrantz
-2
0
March 25, 1985
-- Developers need assurances that the full 28-acre redevelop-
ment area will be cleared and redeveloped in order to make
the area marketable. The existing slum and blighted condi-
tions within the area preclude private investment.
-- A major objective of this project is to achieve balanced
redevelopment activities in both the Overtown and Park West
portions of the project area. At the present time all land
in public ownership is located in the Overtown portion of the
project area.
-- It is mandatory that the City submit a multiple -parcel appli-
cation for UDAG assistance in July 1985, which may be the
last round of this program. In order to file the application
it is necessary for the City to have control of the land or
to have taken steps to secure control at the time of applica-
tion. The UDAG subsidy will make the existing redevelopment
proposals economically feasible for the projected moderate -
income housing market.
-- The remaining property owners in the Phase I area have been
in limbo for two years concerning the future of their prop-
erty. In many instances this has precluded them from selling
their property or making any long-term commitments to expand
their businesses.
-- All of the Phase I development proposals anticipate a start
up date between •1986 and 1988, thus requiring public deliv-
ery of the land to the developers by 1987. Acquisition and
relocation are long, arduous procedures that will require 18
to 24 months for properties containing major commercial
establishments.
-- Excessive delay in the implementation of redevelopment pro-
jects in many cases has resulted in the demise of the pro-
ject, i.e. South Shore Redevelopment on Miami Beach.
We are recommending a phased acquisition process with the public
acquisition of parcels 24, 25 and 37 starting in April. Funding
for this will be from the 1976 G.O. Housing Bonds. In June 1984
the City sold the bonds for this acquisition and the proceeds are
currently being held for acquisition use. The acquisition of
parcel 44 and a portion of parcel 43 can commence with the
receipt of a loan from the U.S. Department of Housing and Urban
Development Section 108 Program and the final determination by
the City Commission on the location of a sports and exhibition
complex. The Section 108 Loan application was submitted in
85-394...
Randolph B. Rosencrantz =3- March 25, 1985
January and is currently under review in Washington. It is
projected that this funding will be available in May or June at
which time we could commence the acquisition of of the remaining
parcels. The Section 108-funded acquisition will be phased in a
manner that will assure that sufficient funds are available for
acquisition. Reprogramming of available funds may be necessary
for the completion of acquisition of properties on parcel 43.
Priority consideration should be given to the acquisition and
relocation of Camilus House and the Miami Rescue Mission due to
their nonconformity witn the proposed redevelopment program. The
Section 108 Loan will be repaid from the proceeds of the first
sale of Tax Increment Revenue Bonds, scheduled for 1988.
The City will initiate the acquisition process immediately upon
approval of the attached resolution by the City Commission. If a
negotiated settlement cannot be reached within a 60-day period,
condemnation proceedings will be initiated. Dade County will be
responsible for the condemnation proceedings pursuant to Florida
Statute 163 and the Interlocal Cooperation Agreement for this
project. In December 1982 this area was designated as a Commu-
nity Redevelopment Area, thus enabling a public body to take
property for a public purpose.
The City and County will make a diligent effort to negotiate
property acquisition in order to avoid expensive condemnation
costs, which average 25-35% over the appraised value according to
the experiences of Dade County. The City has established proce-
dures for business relocation Resolution 83-317 and a reloca-
tion officer will be assigned by Dade County to work with the
Southeast Overtown/Park West Project Office. Dade County will
handle residential relocation directly.
The Southeast Overtown/Park West Project Office will coordinate
the acquisition and relocation process with the assistance of the
Finance Department Property and Lease Management Division and the
Law Department.
The attached Table I summarizes currently available figures on
acquisition costs for the 71 parcels remaining to be acquired.
Fixture appraislas are not reflected in these acquisition esti-
mates, but are being prepared by S.M. Dix, Inc., and will be
available for the April llth City Commission meeting. Table II
summarizes total acquisition cost estimates and available funding
sources.
It is recommended that the City initiate the iamned iate acquisi-
tion of parcels 24 (Overtown), 25, and 37 (Park West). It is
I�
i
85-394...
0 0
;.I Randolph B. Rosencrantz -4- March 25, 1985
also recommended that the City delay the acquisition of parcel 44
i and portions of parcel 43 until the receipt of the HUD Section
108 loan and the final determination of a location for the Miami
Sports and Exhibition Complex. The acquisition of this property
should be phased in a manner to insure that the City would not
encumber cost overruns.
All negotiated purchases must have Commission approval prior to
final settlement, which allows the Commission to continuously
monitor the expenditure of funds for land acquisition.
85-391
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TABLE I
ACQUISITION COST SUMMARY
CITY OF MIAMI SOUTH2AST OVERTOVR/PARK VEST REDEVELOPMENT PROJECT
SOURCE & AMOUNT OF FUNDING, BLOCKS 24, 25,_ &_37
1976 G.O. Housing Bonds (includes interest earnings) $12,100,000
Acquisition and Relocation Costs
Appraised Land Value $7,918,500
Estimated Relocation Cost 752,200 (8,670,700)
SUBTOTAL $3,429,300
Related Expenses
Administrative Cost For Relocation 200,000
Estimated Fixtures 400,000
Estimated Demolition Cost 166,000
15% Contingency Land Cost 1,187,800 (1,953,800)
BALANCE FORWARDED $1,475,500
SOURCE & AMOUNT OF FUNDING, BLOCK 44
HUD Section 108 Loan $4,750,000
Acquisition and Relocation Costs
Appraised Land Value $2,980,000
Estimated Relocation Cost 790,500 (3,770,500)
SUBTOTAL $979,500
Related Expenses
Administrative Cost For Relocation
250,000
Estimated Fixtures
75,000
Estimated Demolition Cost
55,000
15% Contingency Land Cost
447,000
(827,000)
BALANCE FORWARDED
$152,500
SOURCE & AMOUNT OF FUNDING, BLOCK 43
Balance From Blocks 24, 25, A 37:
$1,475,500
Falance From Block 44
152,500
$1,628,000
$1,628,000
Acquisition and Relocation Costs
Appraised Land Value
$1,295,000
Estimated Relocation Cost
10,000
(1,305,000)
SUBTOTAL
$323,000
Related Expenses
Administrative Cost For Relocation
50,000
Estimated Fixtures
25,000
Estimated Demolition Cost
20,000
15% Contingency Land Cost
193,500
(288,500)
BALANCE FORWARDED
$34.500
325:3 25 85
85--384:..
7 _. n... zr,.w
TABLE II
PROPERTY ASSESSMENTS AND APPRAISALS
CITY OF MIAMI -- PHASE I SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT
BLOCK 24
Page 1 of 5
1984 ASSESSED VALUE
MARKET VALUE - R.E.R.C.
MARKET VALUE - L. BIS2
EST. RE-'EST.TOTAL
LOCATION
i
ACO.4 REL.
1984
S0.
FIXTURE
LAND
BLDG.
TOTAL
LAND
BLDG.
TOTAL
LAND
BLDG.
TOTAL
FOLIO NUMBER
OWNER'S NAME
TAX
FTG.
APPRAISAL
BUSINESS NAME
EXPENSES
COSTS
O1-0102-40-1010
Max 6 Helen Gertler
35.000
25.063
60.663
1.665.68
5.000
80,000
55,000
135,000
0
135,000
01-0102-40-1020
Max 6 Helen Gertler
122.500
163.208
285,708
7.844.93
17,500
280,000
195,000
475.000
0
475,000
01-0102-40-1030
01-0102-4D-1040
S 3 S Stove Repair
52.500
5.925
5B,425
1,604.23
7,500
120.000
0
120,000
4.000
124,000
01-0102-40-1050
J.Anderson E J.Vella
367,500
218,693
586,193
16.095.61
52.500
840,000
200,000
1,040.000
t.040,000
01-0102-40-1060
01-0102-40-1130
01-0102-40-1160
01-0120-40-1070
J.Anderson 9 J.Velia
52,500
66,428
118.928
3.265.52
7.500
120.000
100,000
220.000
Posh
150,000
370.000
01-0102-40-1080
Posh
211.050
68.888
279.938
7,686.52
30.150
480.000
20.000
500.000
Classic Bus Lines
10,000
510,000
01-0102-40-1090
01-0102-40-1170
Antonio 8 Reynaldo
105.000
11.929
116.929
3,210.63
15.000
240.000
10,000
250.000
Equipment Precision
10.000
260,000
01-0102-40-1180
Hechavarria
01-0102-40-1190
A. A R. Hechavarria
105.000
121,500
226.500
6.219.23
15.000
240,000
205,000
445.000
T 6 R Stove Repair
30,000
475,000
01-0102-40-1120
Park A. Partners
211.050
123.537
334.587
30,150
472,000
0
472.000
0
472,000
TOTALS
1,262.100
805.771
2.067.871
47,592.35
180.300
2.872,000
785.000
3,657.000
204,000
3,861,000
325:3/20/85
40
TABLE 11
PROPERTY ASSESSMENTS AND APPRAISALS
CITY OF MIAMI -- PHASE I SOUTHEAST OVERTOWN/PARK WEST REDEVELOFIMENT PROJECT
BLOCK 25
Page 2 of 5
1984 ASSESSED VALUE
MARKET VALUE - R.E.R.C.
MARKET VALUE - L. BIS2
EST. RE-
EST.TOTAL
1984
SQ.
FIXTURE
LOCATION
AC¢.8 REL.,
LAND
SLOG.
TOTAL
LAND
BLDG.
TOTAL
LAND BLDG. TOTAL
FOLIO NUMBER
OMNER•S NAME
TAX
FTG.
APPRAISAL
BUSINESS NAME
EXPENSES
COSTS
DI-0102-50-1020
Victor Griley*
5.880
258
6.138
Irreg.
01-0102-50-1030
Maude Green*
1.490
--
1,490
1.449
01-0102-50-1041
A.L. Symonette*
1,660
--
1.660
1.767
01-0102-50-1060
Car -Ter Renter S.A.
11,630
80.771
92.401
2,524.46
15.000
67.500
67,500
135,000
140,250 275.250 j
(33 tenants)
01-0102-50-1070
Shirley Reed
5.810
11.605
19.415
0
7.500
34.000
0
34.000
8.800` 42,800 '.
(2 tenants)
01-0102-50-1060
A.L. Symonette
5.810
13.448
19,258
526.45
7.500
34,000
0
34.000
24,8001 58.800
(6 tenants)
01-0102-50-1090
Ritz Theatre
6,780
-
6.780
185.24
4,6SO
21,000
0
21.000
0 21.000
01-0102-50-1100
Trustee of Dar CBA
23.500
--
23,500
642.03
10.000
45,000
0
45,000
0 45,000
01-OL02-50-1120
The Big Door Co.
21,700
-
21,700
592.87
15.000
67.500
0
67.500
0 67.500
01-0102-50-1110
01-0102-50-1130
Ronald Baron
5.810
-
5.810
159.73
7.500
34,000
0
34.000
0 34,000
DI-D102-50-t140
Edward 6 J. Aldrich
5,810
36.965
42.775
1,168.62
7.500
34.000
26.000
60,000
66.000 126.000
115 tenants)
01-0102-50-1150
Ft.Lauderdale Inv.loc.
5.810
76.664
82,479
2,253.24
7.500
34.000
29.500
63.500
93.3501 156.850
(78 tenants)
01-0102-50-1160
Leonard Davis
11.630
-
11.630
317.74
15.000
67.500
0
67,500
0 57,500
01-0102-50-1180
Irving Spiegel*
3.350
-
3.350
4.322
01-0102-50-1190
Julian Macron*
3.110
46,899
50.009
4,012
TOTALS
119,780
3B8,390
8,369.38
438.500
561,500
333,200 894,700
268,610
108.700
123.000
325:3/20/85 *These parcels were excluded from the total.
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TABLE II
PROPERTY ASSESSMENTS AND APPRAISALS
BLOCK 37 CITY OF MIAMI -- PHASE I SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT
•^-rater,
Page 3 of 5
1984 ASSESSED VALUE
MARKET VALUE - R.E.R.C.
MARKET VALUE - L. BISt
EST. RE- ESTJOTAL
1984
SQ.
FIXTURE
LOCATION-ACQ.S,REL.j
FOLIO NUMBER
OWNER'S NAME
LAND
BLDG.
TOTAL
TAX
FTG.
LAND BLDG. TOTAL
LAND BLDG. TOTAL
APPRAISAL
BUSINESS NAME
EXPENSES COSTS
01-0103-70-1010
A. 3 R. Hechevarria
26,250
24,890
51.140
1.404.21
3.750
52.000 8,000 60,000
Lula Commercial Equip.
5,000 65.000
01-0103-70-1020
Miami Cash Register
63.000
38.517
101.517
2.787.46
9.000
145.000 15.000 160.000
Miami Cash Register
10,000 t70,000
01-0103-70-1030
Miami Cash Register
61.250
0
61.250
1,013.68
8.750
155.000 0 155,000
155,000
01-0103-70-1040
Paul Baron
183.750
143.743
327,493
7.398.82
26,250
420,000 80,000 500,000
Bass
10.000 550,000
01-0103-70-1050
01-0103-70-1040
Baron Display
20,000
Directory Board
Service
20,000
01-0103-70-1060
Louis Laverne
105,000
107,291
212,291
5.829.60
15.000
240.000 135.000 375.000
Laverne Galleries
10.000 385,000
01-0103-70-1070
Brice a D. Spaulding
168.420
132.128
300.548
8.252.42
24.090
385,000 200.000 585.000
Spauldings
50,000 635,OOD
01-0103-70-1080
Spaulding 9 Maristany
105.780
$4.462
160,242
4.399.92
15,112
245,000 15,000 260,000
0 260,000
01-0103-70-1090
Spaulding i Maristany
157,500
140,697
298.197
8,187.87
22.500
360.000 95,000 455.000
0 455,000
01-0103-70-1110
01-0103-70-1120
01-0103-70-1100
Susan Maristany
95,910
124.118
220.028
6.041.52
13.702
220.000 155.000 375.000
Displayarama
50..000 425.000
01-0103-70-1130
Brice 6 D. Spaulding
131.250
3.835
135.085
3,710.18
18,750
300.000 0 300,000
0 300,000
01-0103-70-1140
01-0103-70-1160
Bernard Hoffman
52.500
31.910
84,410
2.317.72
7.500
120.000 5,000 125.000
Shore Marine
10,.000 135,000
01-0103-70-1170
Pauline Lipinskey
94.500
89.558
184.058
4.653.41
13.500
220,000 130.000 350.000
Atlantic Equipment 3
30,000 380,000
01-0103-70-1180
Restaurant Supply
TOTALS
2,862,000 838,000 3,700,000
215.000 3,915,000
1.245.110
891.149
2,136,259
556996.81
177.904
!A 325:3/20/85
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--• r _ _ ay 'ri"x 4 'a.` .st_iirG mot:£ �`Si. - _ .�Y:t.atrr
TABLE II
PROPERTY ASSESSMENTS AND APPRAISALS Page 4 of 5
CITY OF MIAMI -- PHASE I SOUTHEAST OVERTOWN/PARK NEST REDEVELOPMENT PROJECT
40
n,
325:3120/85 *Total reflects Leonard Blsz appralsais-
Qb
CA)
TABLE II
CITY OF MIAMI -- PHASE I SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT
BLOCK 44
Page 5 of 5
1984 ASSESSED VALUE
1984
sq.
MARKET VALUE - R.E.R.C.
MARKET VALUE - L. BISZ
FIXTURE
EST. RE-
LOCATION
ESTJOTAL
ACQ.R REL.
LAND I
BLDG.
TOTAL
LAND
BLDG.
TOTAL
LAND
BLDG.
TOTAL
FOLIO NUMBER
ONNER'S NAME
TAX
FTG.
APPRAISAL
BUSINESS NAME
EXPENSES
COSTS
01-0104-40-1010
Victor Diaz R Elise
47.250
37.642
84.B92
2,330.96
6.750
108.000
L2.000
120,000
90.000
117.500
Tropical leather
10.000 130.000
01-0104-40-1020
Renato i Rachel Gallo
47.250
47.250
1,297.40
6.750
105,000
0
105.000
750
87,000
0 105,000 1
01-0104-40-1030
Victor Diaz LaSares
157.500
120.339
277.839
7.628.86
22.500
360.000
0
360.000
202.500
330.500
Davis Hotel
437.750 807,750
01-0104-40-1040
(154 tenants)
01-0104-40-1041
10.000+
01-0104-40-1050
Imperial Hotel
157.500
200.000
357.500
9.815.54
22.500
360.000
165.000
525.000
202.500
450.000
Imperial Hotel
267.7501 802,750
01-0104-40-1060
(63 tenants)
10,000+
01-0104-40-1070
Art Craft
264.600
186.640
451,240
12,390.12
37,800
600.000
150.000
750.000
363.000
555.000
Art Craft
50.000 800,000
01-0104-40-1080
01-0104-40-1090
01-0104-40-1100
01-0104-40-1160
Miami Rescue Mission
56,000
58,657
114,657
3,148.00
7,000
112,000
48,000
160.000
90,000
180,000
Miami Rescue Mission
5,000 185.000
01-0104-40-1111
Verde
360.000
6,467
366.467
10.062.44
59.000
940.000
0
940.000
412.500
0 940.000
01-0104-40-1120
(Folio 1111
01-0104-40-1130
d 1120 only)
01-0104-40-1140
01-0104-40-1150
Overtown Oev. Corp.
112.000
12.350
124,350
3.522.41
Incl.
Incl.
Incl.
Incl.
412.500
--
412,500
0
01-0104-40-1170
Above
Above
Above
Above
01-0104-40-1180
TOTALS
750
2.132.500
1
790,500 3.770.500
1.202.100
622.095
1.824,195
50,195.73
162.300
2.585.000
315,000
2,960.000
1,773.500
325:3120185 'Total reflects Leonard Bisz appraisals.
.Relocation of business
10