Mrs. Lucy Temple, 550 N. Minerva (proposed AFC site)

Description:	This memo describes the conflict between the IU real estate office in Indianapolis and Lucy Temple. The Temple family asked for $68,000 as their final offer on their properties, which included parcels on Minerva and West Streets. IU insisted that the fair market value of the properties was between $25,000 and $30,000, but offered $40,000 at one point. Cobb suggests that they can either pay the $68,000, or seek the condemnation of the propert and use the power of eminent domain to pay less than the requested amount. Both alternatives had unappealing consequences, and Cobb despairs of acquiring the property in a timely manner.
Origin:	1973-12-03
Created By:	Cobb, Stephen L.;
Contributor(s):	Cobb, Stephen L.; Funded by a grant from the IU Office of the Bicentennial.
Source:	http://iuidigital.contentdm.oclc.org/cdm/ref/collection/UDMU/id/2533
Collection:	Urban Displacement and the Making of a University - IUPUI, 1964-1990
Rights:	http://rightsstatements.org/vocab/InC-EDU/1.0/
Copyright:	Copyright Trustees of Indiana University
Geography:	Thomas B. Elliot's subdivision Out lot 156 of the donation lands 542 - 544 N Minerva 546 - 548 N Minerva 550 N Minerva 911 W North Minerva North 46202 Indianapolis, Marion County, Indiana, United States, http://sws.geonames.org/4259418/, 39.76838, -86.15804 United States
Subjects:	Acquisition of property Campus planning Eminent domain Indiana University. Trustees IUPUI (Campus) Temple, Lucy Valuation Wrecking McKeown, R. Harry Peckham, Rodney Relocation (Housing) Relocation Assistance Act

Further information on this record can be found at its source.