§ 15.62.100 — Appraisals

15.62.100 - Appraisals.

The Director of Transportation is authorized to obtain appraisals from either qualified, independent appraisers or qualified City of Seattle personnel in the discretion of the Engineer of such streets or alleys as are recommended for vacation after hearing by the City Council or a committee thereof, and is further authorized to obtain appraisals from either qualified independent real estate appraisers or qualified City of Seattle personnel, in the discretion of the Director of Transportation of the fair market value of the alternate right-of-way of land proposed to be granted or dedicated to the City for street or alley purposes in lieu of a cash payment in the manner contemplated by Section 15.62.090 and in such instance an additional appraisal deposit fee shall be paid for the appraisal of such parcel or parcels, and according to the fee and time schedule provided for in Section 15.62.030. Where qualified City of Seattle personnel are used to make the required appraisals, a reasonable hourly rate of compensation, as determined from time to time by the Director of Transportation shall be charged against the appraisal deposit fee.

(Ord. 118409 § 109, 1996; Ord. 109740, § 1, 1981.)