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STATEMENT OF <br />SUMMARY OF BASIS FOR AMOUNT ESTABLISHED AS JUST COMPENSATION <br />(Gov't. Code Sec. 7267. <br />OWNER: Callibelle Nickals <br />PROJECT: HALCYON DRIVE <br />(City of San Leandro) <br />PROPERTY DESCRIPTION OR ADDRESS: 15099 Hesperian Boulevard, San Leandro and <br />1104 Halcyon Drive, San Leandro <br />PROPERTY TO BE ACQUIRED: ALL <br />PART X INC. ACCESS RIGHT YES NO X <br />BASIS FOR AMOUNT OF JUST COMPENSATION <br />The Just Compensation for the real property proposed to be acquired by the <br />City of San Leandro is based on an appraisal of the property employing data from <br />sales of similar properties in the same general neighborhood. The amount of Just <br />Compensation is the appraised Market Value of the real property proposed to be <br />acquired (and includes damages to the remaining property --if any). <br />Any increase or decrease in the fair market value before the date of valuation <br />caused by the public improvement or project for which the property is to be acquired <br />or by the likelihood that the property would be acquired for such improvement or <br />project, other than that due to physical deterioration within the reasonable control <br />of the owner, has been disregarded in making the determination of just compensation. <br />JUST COMPENSATION <br />Market Value of Real Property (13,006 square feet), including one 1-story store <br />building, 1 greenhouse, sheds, and miscellaneous landscaping: <br />$388,532.00 <br />Damages to remaining property None -0- <br />Less business personal property 15,910.00 <br />72,622. 0 <br />Less Equipment retained by owner 550.00 <br />Just compensation for property $372,072.00 <br />Temporary Permits (to 12-31-85) to enter 3,636.00 <br />TOTAL VALUE OF REQUIRED PROPERTY & RIGHTS: $375,708.00 <br />ON BEHALF OF THE CITY OF SAN LEANDRO <br />BY: <br />TITLE: CHIEF RIGHT OF WAY AGENT, <br />COUNTY OF ALAMEDA <br />DATE: March 14. 1985 <br />STATEMENT OF OWNER <br />I am aware of my rights to Relocation Assistance under <br />State statutes. <br />I have read the Statement of Just Compensation. <br />There are persons living on the property or <br />portion of the property being acquired. <br />There are businesses being conducted by others <br />on the property or portion being acquired. <br />YES_ NO <br />YES X NO <br />YES NO >C <br />YES_ NO <br />I understand that the above offer includes the purchase of the improvements located <br />within the right of way. I am aware that I have the option of retaining them and <br />moving them from the area acquired by the City of San Leandro at my expense. <br />DATE: March 14, 1985 <br />0WNER <br />