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78-40 VACATING A PORTION OF STREET STEVENS AVENUE
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78-40 VACATING A PORTION OF STREET STEVENS AVENUE
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Last modified
9/30/2016 11:21:39 AM
Creation date
9/30/2016 11:21:39 AM
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Template:
Resolution/Ordinance
Res Ord Num
78-40
Res Ord Title
VACATING A PORTION OF STREET STEVENS AVENUE
Approved Date
3/20/1978
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. �i � ._� � _� �, � ,�� n� �:� �co�1958 ��e�5�'�. • <br /> ' � i _� i ¢ .i e � � ��+ ..% ',✓ _� .� , i� <br /> RcAI EST:iTE S�'.LES - '.:i��T'v�,�:: .... ,�i� - ,..�� ��..,...,� 252 c. PdIAIN P. O. 8.�x 7=i�5 <br /> ,_ , "' "^ � D�CATUR, ILLIPJQ!S fi2525 <br /> -; > ; <br /> -= ----- i , <br /> . � �� -� ,��n �.,�� <br />' _ . ^ _..___ � _- . . � . , ._'ir: _ � , 4G�?�J^.l <br /> February 8, 1978 <br />, Attorney William Heiss <br /> Professional Building <br />� Suite �6545 <br /> 363 S. Main Street <br /> Decatur, I1linois 62523 <br /> Re: Street Vacation <br /> 100 N. Stevens Street <br /> Decatur, Illinois <br /> Dear Mr. Heiss: <br /> Pursuant to your request Verne E. Roby and I have inspected the above <br /> captioned Land for the possible street vacation. The purpose of the <br /> inspection was to estimate the fair compensation, in our opinion, that <br /> would accrue from the benefits derived from the vacation. <br /> The street in question appears to run from West Main Street on the South <br /> to Fairview Park on the North and according to the plat as furnished has <br /> 15,184 sq. ft. Our calculations indicate this is correct. The inspect- <br /> ion shows utility poles on the East side of the street and a 4" force <br /> sewer main being rather shallow and serving the pumping station near <br /> the park. The land is quite rolling and has not been improved except <br /> the area has been cleared of trees and brush. <br /> The indicated zoning on our map shows R-3, One family residential, <br /> though, in our opinion, this will probably not be a future use. <br /> Based on our inspection of the subject property and our knowledge of <br /> the real estate market, it is our opinion, that the fair compensation <br /> that would accrue the recipients of the benifits derived from the vac- <br /> ation, as of the date of inspection, namely, January 14, 1978, would <br /> be approximately 50�r per sq. ft. or <br /> Seven Thousand Five Hundred Dollars <br /> ($7,500.00) <br />
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