Current fair market value is the price that would be agreed to by a willing and informed seller and buyer, taking into consideration, but not limited to, the following factors:

1. (1) the highest and best reasonably available use and its value for such use, provided current use may not be presumed to be the highest and best use;
2. (2) the machinery, equipment, and fixtures forming part of the real estate taken; and
3. (3) any other relevant factors as to which evidence is offered.

History: En. Sec. 4, Ch. 531, L. 1981; amd. Sec. 11, Ch. 622, L. 1983.