Common use of THE ESTATE OR INTEREST NEEDED Clause in Contracts

THE ESTATE OR INTEREST NEEDED. The estate(s) or interest(s) needed is/are as follows (indicated by an “X”): Fee interest (new right-of-way) Square Feet Underlying fee interest (existing rights-of-way) Square Feet Easement (new right-of-way) Square Feet Easement Square Feet Temporary Construction Easement Square Feet Square Feet The amount offered represents just compensation, and is the result of a review and analysis of an appraisal made by a certified real estate appraiser. If only part of the property is needed, full consideration has been given to the value of the remaining property, including items requiring compensation on a “cost-to-cure” basis, if any. The analysis of the remaining property takes into account the effect of the acquisition of the land needed, and the establishment and construction of the project. A breakdown of the offer is as follows: Land (including improvements) $ Severance Damages to remaining property $ (possible on partial acquisitions only) “Cost-to-Cure” compensation involving a facility or $ component on the remaining property Project: Section: Parcel: 1 – 3

Appears in 5 contracts

Samples: Design Build Maintain Agreement, Design Build Maintain Agreement, Design Build Maintain Agreement

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