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HomeMy WebLinkAbout600-030-018 DWCG1 - Just Comp 05-22-19i APPROVAL OF JUST COMPENSATION MEMORANDUM Memorandum To: File From: Frank Spevacek, City Manager Regarding: Approval of Real Property Appraisals and Establishing Just Compensation Dune Palms Bridge Project — City Project Number: 2011-05 Federal Project Number: BRNBIL (537) Date: May 22, 2019 I have reviewed and approved the following appraisal reports prepared by The Kiley Company, Inc., along with the review appraisal reports prepared by Hennessey and Hennessey, LLC, and hereby approve the valuation conclusions contained in said reports. Assessor Date of Date of Hennessey Value Parcel No. Owner Name Kiley Review Appraisal Conclusion and/or Appraisal Address Chin Family 600-030-010 Properties LP 1-2-2019 4-10-2019 $618,000.00 600-030-010 Ivette Ontiveros 12-20-2018 Not Applicable $43,500.00 Space 1 600-030-010 Hilda Bedolla 12-21-2018 Not Applicable $35,600.00 Space 31 (Robles) 600-030-018 DWCG1, LLC 4-8-2019 4-8-2019 $222,000.00 James R. Paul 600-390-033 and Sharon L. 4-10-2019 4-10-2019 $10,600.00 Paul, Trustees Therefore, the amounts of Just Compensation for the above referenced parcels are set in the amounts indicate as the value fusions. B. ran pev cek, ity Manager 78- 5 Calle Pico I La Quinta I California 92253 1 760.777.7000 I www.La-Quinta.org