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8920 Federal Register I Vol. 64. No. 40 / Thursday, March 2, 1989 / Rulers and Regulations <br /> Oa the matter of a review:Under Section 24.101 Review <br /> i 21.102(d).the Agency is required to of appraisals used In determining the owner's <br /> make a written oor.Offer letters are Section 24.201(b). In response to a compensation.Neither of these <br /> generally signed by someone at the comment.a minor editorial clarification suggestions have been adapted <br /> mage levee It V general FHWA the <br /> been made to this section regarding Specific language concerning <br /> Pommy to have not less than two people the role of the reviewing appraiser in advertisings <br /> involved in setting the amount clan <br /> establishment of the Ageser to section lar that i t of <br /> offer of just compensation.This process Just Compensation. of the e,Uniform <br /> not Act maitre it dear that <br /> would constitute a review where no some.if not all,signowaers should be <br /> appraisalSection 2t.ig5 Acquisition of Tenant- entitled to moving and related expeasea <br /> is made.Precisely how such owned Improvements under section 202 of the Uniform <br /> matters will be handled la within rather than to Act <br /> Agency discretion. Four comments expressed a concern eompeaaatioa for a sign's <br /> A few comments objected to waiving with the matter of adequately protecting acquisition under sectieta 902 <br /> the rights of a tenant owner of <br /> an appraisal for any reason.An Agency Furthermore,that language in section <br /> has no obligation to waive the appraisal improve r. One of these comments 1 �)wee mended la the HIV an acquisition if it prefers not to. <br /> recommended specific reference to <br /> Amendments m broaden the benefit <br /> tenant owners be made at many points avallabie to signownets under section <br /> Section AIM Criteria for Appraisals within Subpart B. 20E.For many Yeats.FHWA has <br /> FHWA has made no change because reconciled tire ape irk <br /> language described how it intended to integrate it believes tenant owner interests en 101(7KDJ of the U ig <br /> Section 24.103(a).24.103(a).One Agency <br /> Act and <br /> f e appraisal waiver provision in adequately protected.The language of t e more general language g <br /> 02(c)(>;)with this eectionea Subpart B is based ore the premise that ff tenant imm <br /> proveents in section Sod of <br /> appraisal standards.Many other a tenant can demonstrate an ownership the Act by providing that an advertising <br /> interest in real property.that person 1s sign coatidered to be personal pro <br /> comment is seuemeatrred here for an owner of real property to be acquired wider State law should receive the <br /> variations are also possible,but the <br /> purposes of illustration.In brief. for purposes of this regulation.and is to relocation benefits Provided by section <br /> negutators wilt be instructed to dearly he treated as arch. 202.and if considered to be reed <br /> explain to the owner the right to have as SoGuon 24105(c).Five commentzw <br /> property.It shobe acquired In <br /> appraisal made and in no way pressure stated that contributory value or salvage accordance withection 302.MINA <br /> the owner to sign a waiver;acquisitions value measures of COCOPeOlati011 to a believes this is the most reasonable <br /> veined between£500 and gum are to tenant owner are not fair and equitableMtMistreated=of the <br /> be provisions of the <br /> supported by sales in the project when the appraiser finds that all of the Uniform Act,audit coniinnee tp be <br /> area,and wig be approved by a review value ie in the land,with no value 1egcated fa this final r�dattribueto improvement As a a <br /> under described,prior <br /> Agey innards to o osection <br /> more than the=aim=Aa appraised 'value in place" ed a baa»(bj[il the greater <br /> that <br /> world always be a property owner compensation be added to this section. its o nirib y akla to the greater of <br /> beop sue'some value documentation will FHWA appreciates the difficulty this its property <br /> or its <br /> varmarket red <br /> requirement and a reviewer's circumstance presents.but the ProPe or ib"fair veers• • • <br /> approval is necessary in certain provisions of Section 302 of the Uniform for removal from the real property." <br /> circumstances.This description is Act do not permit it to accommodate the FHWA Interprets this phrase to mean <br /> intended to illustrate the latitude an recommendation.gectian 302 specifies that removel of the sign must be taken <br /> agency has in implementing the contributory value,or value for removal into consideration in determining"fair <br /> provisions of this Subpart. (which has been implemented as market value for removal,"and believes <br /> Section 2e103(aXa).One comment selvage value)as the measwrea of this L dons in I 24.106 and 24 2(n.)of <br /> recommended the requirement for a 5- compensation, the regulation. <br /> year sales history be cut back to two or However.there is some latitude <br /> three years.This recommendation was available under!E 24.105(a).Pay Subpart ant" neral Relocation <br /> not adopted,primarily because it under"other applicable law"could mentRequirement"nts <br /> applies only when a detailed appraisal include provisions of State law end/or Section 3L203 Relocation Notices <br /> is necessary.When a detailed appraisal relocation assistance benefits.Also, <br /> is not necessary,the agencymay seta contributory value can be viewed ons Section 24.203(0).A comment was <br /> different standard. temporary baba fa the valuation received that the term"as soon as <br /> Section 24.104a)(3).A comment estimate process.FHWA believes the feasible"was not sufficiently specific. <br /> recommended that a statement be added basica arrive V FHWA considers this term to mean"as <br /> to the effect that the payment of an amount soon as practical"and does not believe <br /> appraiser must of compensation which ie just. <br /> explain the absence of more recent sales reasonable,and fair that any further elaboration is <br /> data when the sales used are over 9 Two comments were received from necessary.This comment and several <br /> months old.This is viewed as a good representatives of the outdoor other similar comments addressed to <br /> business practice on the part of the advertising industry.Both comments this section may have merit in <br /> appraiser,but not as an essential focused on the way advertising signs aro individual situations,but do not <br /> regulatory int <br /> Section require).Three comments treated by ii�(q),24.106.and necessitate changes in the regulations. <br /> recommended nded an).'sate coIn thents2e,�(e)of the regulation.They Displacing agencies may wish to <br /> clarify <br /> rthresholdecomme from fiL e to eI dollarsuggested that,pursuant to section 302 particular mitten that are of concern <br /> pervon_both d the Uniform advertising them be their operating <br /> the same 31ra1'EI n appraise end covered by the Uniform Act bei Section instance to <br /> aoLadopted acquire •d � 11+�1n*"response to one <br /> of <br /> this <br /> the • bn +nd t �'vatse of-ar intent to comment, at s al-relocation <br /> a <br /> increase Lootwideaprs -,;,; signb plsos before removal should ha • hashers <br />