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t <br />Ohio De <br />~ ,~ <br /> <br />Date : ~ ~ ~jtir~CQ--~ 1 ~ ~ / ~ G <br />City of North Olmsted Re: LOR~~ IR-4~0 Fed, Pro3. No. I-1F80 3 (3) <br />5206 Dover Center Road Section 25.10%.00 <br />North Olrasted~ Ohio 4!•070 Parcel No. -- Estate or Interests Acquired <br />51 AT-1~ AT-2 (Temporary Agreement} <br />Location of <br />Property: West side of Barton Road, 450' north of <br />the Olmsted Township Lane. <br />Gentlemen: - <br />This letter is to inform you of the. intent of the Department of Transportation <br />to acquire property from you and the compensation you may expect to receive for its <br />purchase. <br />With respect to the purchase of your property you will be compensated in an <br />amount not less than the approved fair market value,. which is based on appraisals. <br />using current market data obtained by qualified real estate appraisers. The <br />appraisals do not reflect anydecrease or increase in the fair market value caused <br />by the project for which your property is being acquired.• , <br />If only part of~your property is being purchased, the;appra~.sals also <br />considered the reduction in market value, if any, your, remaining property may <br />incur as a result~of the State's acquisition. Should this remaining property <br />leave you with an uneconomic .remnant, the Department will offer to acquire the <br />remnant. The Department has reviewed these appraisals in detail and has deter- <br />mined that the fair market value of the property to be acquired is apportioned as <br />follows: <br />Land <br />Temporary Agreement <br />Damages to Residue <br />Total Compensation <br />~ 1+50.00 <br />$ 450.00 <br />RE-D <br />Rev. 4-1-73 <br />Vacant Land <br />25 South Front Street, P. O. Box 899 Columbus, Ohio 43216 <br />James A. Rhodes, Gavarnor Richard D. Jadcwn, Director <br />10100 Broadway Avenue <br />Garfield Heights, Ohio t~1,.125 <br />