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Section 2 : The petitioner/petitioners shall be required to <br /> pay all appraisal fees and one-half of the appraised value in <br /> the case of a street vacation with no property "exchanged" in <br /> lieu of compensation as provided in Section 1 (A) and (B) or <br /> in the case that property given in lieu of compensation is <br /> less than the area to be vacated in which case the petitioner/ <br /> petitioners shall pay appraisal costs and one-half of the ap- <br /> praised value of the difference in area so vacated in excess <br /> of the property "exchanged" in lieu of compensation. <br /> Section 3 : In all instances requiring an appraisal to be <br /> made to establish value of the street or alley to be vacated <br /> or portions thereof and to determine the one-half appraised <br /> value thereto, the appraisal shall be made with regard to the <br /> "value" the street or alley vacated would add to the abutting <br /> properties. <br /> Section 4 : This resolution shall not apply to vacation <br /> petitions filed prior to the effective date of this resolution <br /> or to any ordinance enacting a vacation which is the subject <br /> of a petition or resolution of intention filed prior to the <br /> effective date of this resolution; provided, however, nothing <br /> contained hrein shall restrict the City Council from requiring <br /> compensation or waiving such with regard to any such vacation <br /> in progress at the time of enactment hereof. <br /> I <br /> ,• . / <br /> COUNC L PRESIDENT <br /> - <br /> —COUNCILIAN INTRODUCING RESOLUTION <br /> PASSED: Dec. 26 , 1979 <br /> - 2 - <br />