WELCOME!
ODOT
District 1
April 25, 2013
PURPOSE OF TONIGHT’S MEETING
 Provide
a project overview
 Provide project update
 Explain acquisition process
 Listen to your input
 Hold individual discussions
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OBJECTIVES
 Awareness
of the Project
 Insight on the acquisition process
 A chance to meet the acquisition
team members
 Understanding of the impacts to
your property
 Opportunity to share your input
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PROJECT OVERVIEW
 Reconstruct and widen Interstate
75.
 From south of Harrison Street to
the County Road 99
 Reconstruct I-75/US 68/SR 15
Interchange
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WHAT IS GOING TO BE DONE
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WHAT IS GOING TO BE DONE
 Harrison Street Overpass will be
replaced
 Noise walls will be built
 Lima Avenue will be reconstructed
along with the Lima Avenue/US
68/SR15 interchange
 A service road will be constructed off
of Lima Ave
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WHAT IS NOT GOING TO BE DONE
 The following overpasses will not
be replaced as part of this project:
 CR 88 – Sandusky Street
 SR 12 – Main Cross Street
 US 224 – Construction 2014
 CR 95 – Bigelow Avenue
 CR 99
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WHAT HAS BEEN DONE SO FAR?
 Environmental research, noise &
field studies & surveys
 Development of project-related
documents & plans
 July 31, 2012 Public Meeting
 December 12, 2012 Noise Barrier
Meeting
 February 26, 2013, Phase 1 R/W
Owners Meeting
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PROJECT UPDATE
 Right-of-Way
 Phase 1: From SR 12 & south
 Phase 2: From SR 12 & north
 Current Estimated Construction Cost:
$166 Million
 Overall project schedule
 Began to purchase addition R/W Feb. 2013
 Construction still set for 2017, possibly in
2015
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MAJOR STEPS IN ACQUISITION
PROCESS
Appraisal Process
Written Offer
Agreement Reached
Payment / Closing
Possession
Eminent Domain
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APPRAISAL
 Appraiser schedules appointment
 You accompany the appraiser
 Advise the appraiser of all features that
you think will affect its value, i.e. parking,
signs, underground storage tanks, fences
 Estimate of the fair market value
 Report reviewed for compliance
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APPRAISAL
Definition of Fair Market Value as per Ohio
Jury Instruction
 Fair Market Value is the amount of money
which could be obtained on the market at a
voluntary sale of the property. It is the
amount that a purchaser who is willing, but is
not required to buy, would pay and that a
seller who is willing, but not required to sell,
would accept, when both are fully aware and
informed of all the circumstances involving
the value and use of the property.
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WRITTEN OFFER
 Meeting Scheduled
 Describe the project & effect of the project to your
property
 Brochure
 A copy of the appraisal report
 A written purchase offer
 Reasonable amount of time to consider the offer
 Ask questions
 ODOT only acquires what is needed to construct &
maintain the highway system
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AGREEMENT REACHED
 Offer to purchase signed
 Terms and conditions
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PAYMENT/CLOSING
 Paperwork is prepared for transferring the
title of the property
 Partial Mortgage release may be required
 Incidental expenses will be incurred by
ODOT such as:
 Recording fees
 Survey & legal descriptions
 Other necessary expenses to convey
property
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POSSESSION
 ODOT will not take possession of
your property unless: You have
been paid the agreed purchase
price
Or
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EMINENT DOMAIN
 If an agreement cannot be reached
 An action will be filed in the Court of
Common Pleas
 ODOT deposits with the Clerk of Courts at
least the amount of the appraisal
 Once deposited those funds can be
withdrawn
 Negotiations may continue at all times
 Jury of peers will decide the amount of the
award
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