HomeMy WebLinkAboutO-1170 - Amends Sec. 12.32.050, right-of-way appraisal (12.32)CIT Y 0 F MAR Y S V ILL E
Marysville.,Washington
ORDINANCE NO.1/10
An Ordinance of ·the City·of Marysville amending
Section 12.32.050 of the Marysville MUriicipal
Code relating to the appraisal of City right~of
way in connection with a petitiontd vacate the
same.
THE CITY COUNCIL·OF THE CITY OF MARYSVILLE,WASHINGTON DO
ORDAIN AS FOLLOWS:
Section 12.32.050 of the Marysville Municipal Code i~
hereby amended to provide as fa Il.ows :
~prais<jLl ..In all cases where the Ci ty Council
requires compenstation for the vacated right-of-way an
appraisal of the right-of-way proposed for vacation
~hall be made by one or more of the following methods:
A. The appraised value of comparable
abutting property shall be obtained from the
records of the Snohomish County Assessor,The
average of said values,on a square foot.Hasis,
shall be applied to the fight-of-way which is
proposed for vacation.
B.Th~~etitioner shall be required to
submit a report of a professional appraiser to
the City,stating the fair market value of.the
right-of-way proposed for vacation.
C. The City shall obtain a report from one
or more prof~ssional appraisers stating the fair
market value of the right-of-way prop6sed f6r
vacation.The cost of said report or reports
shall be paid by the.petitioner prior to the
time of the public hearing.
91A PASSED by t he City Counci 1 and APPROVED by the Mayor
this .,.-day of,re/ptl.l('T!'1 198L
THE .C1JF f";R~7.LLE ,.By~e~~/
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.ORDINANCE