Karen Y. Nielsen - Page 4

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            interest costs, and (3) incidental expenses.  The brochure                                 
            further specified that the replacement housing payment or                                  
            purchase supplement was an amount “in addition to the fair market                          
            value of your property”.                                                                   
                  On October 14, 1992, petitioner and the State executed a                             
            Stipulation for Settlement and for Entry of Judgment in                                    
            Condemnation, in which they agreed to settle the pending                                   
            condemnation action as follows:                                                            
                  1.  Purchase of the entire lot and house is agreed in                                
                  the amount of $65,000.00, inclusive of deposit in                                    
                  court.  Defendant will provide a deed for said                                       
                  transfer.                                                                            
                  2.  Possession by the State will be arranged by the                                  
                  parties in determining Relocation Assistance.                                        
                  3.  Relocation Assistance is separate and apart from                                 
                  this agreed compensation and is treated as a separate                                
                  proceeding.                                                                          
            Pursuant to this stipulation, the court entered a Judgment in                              
            Condemnation granting the State’s petition and providing in                                
            relevant part:                                                                             
                  IT IS FURTHER ORDERED, ADJUDGED AND DECREED that the                                 
                  Defendants have deficiency judgment against the State                                
                  of South Dakota for the difference between $65,000.00                                
                  determined as just compensation, and $4,620.00, having                               
                  been deposited with the Court for the use of the                                     
                  Defendants, being in the ammount [sic] of $60,380.00.                                
                              *     *     *     *     *     *     *                                    
                  IT IS FURTHER ORDERED, ADJUDGED AND DECREED that                                     
                  possession by the State will be arranged by the parties                              
                  in determining Relocation Assistance.                                                







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Last modified: May 25, 2011