city-of-la-porte-meeting-minutes-2024-10-22_63c.pdf
La Porte Approves $508,300 Court Order for Spectrum Property
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Description
La Porte Board approved payment of $508,300 to Spectrum Recycling as part of an eminent domain court order for property required in the overpass project, clearing the way for municipal control.
Contract Details
Contract Amount
$508,300
Vendor
SPECTRUM RECYCLING
Agency
City of La Porte, IA
Contract Type
OTHER
Document Date
October 22, 2024
Contract Term
One time (property acquisition via eminent domain)
Renewal Date
2024-12-31
Renewal Info
One-time court-ordered acquisition; not renewable. Owner has right to appeal the appraisal value.
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