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DATE: April 7, 1966 ,tom?' L~.~_~
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To: The City Coaneil av " L~z~'S ~~F~a~'~
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FROM: 'the City Attorney
SUBJECT: Request For Approval of Negotiated Furchase
Subject to the approval of the Council,
I have negotiated the purchase of the property at
115 Wadsworth Avenue, for the widening of The Speedway
for the sum of $24,750.00 from Seymour, Sol and Bernard
Epstein.
We have an appraisal on the property of
$23,500.00. The property is situated on the north-
east corner of The Speedway and Wadsworth Avenue
and has an unobstructed view. I feel for this reason
that if the case goes, to trial that the jury verdict
added to the expenses of litigation would exceed
$24,750.00 and therefore I recommend that you authorize
purchase of the property for that price.
(ROBERT G. COCKINS
City Attorney
RGC smli