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515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(651) 484 -2177 / FAX: (651) 484 4538 <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: August 6, 1999 <br />RE: Precision Tree Property Acquisition <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValie <br />Steve Morelan <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R. Hanson <br />The appraisal has been received for the Precision Tree property. The value attributed to this <br />property is $162,500. I am still in the process of assisting the owners of Precision Tree in <br />finding other potential relocation sites. Based on this information, I will meet with them to <br />discuss the next course of action. I would hope to have a report ready for Wednesday night's <br />meeting. <br />JRH:kpp <br />Page 107 <br />