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�_ <br />� <br />i <br />` 3 � t , : � ----- --- ,: �� . .�.�-�.� .— ----- � . <br />-- .— ` � ��__ . __ __ � : - � _ <br />Scenario 1 <br />Home owner elects to sell home to the City of Mounds View <br />Building Value $31,100 <br />Land Value $38,500 <br />Purchase Price $69,600 <br />City of Mounds View send out Request for Proposa;l�':s!:�or a <br />City sells land at $38,500 and places funds into a d�v�lopmer <br />Scenario 2 <br />Result: <br />Building Value <br />Land Value <br />Purchase Price <br />City of Mounds View sells land to <br />.. T.. ,.. ,,..,.. , :�i2'':< <br />$1 ; �0�;} <br />:�67,'%00 <br />c���r� <br />9,900 <br />team. <br />s wit�i;;�:;v�lue;t�f`$120,000 or more <br />pmen� Eu�a�l �c� be used for additional housing activities <br />iund with $58,400 to be used for housing programs such as <br />'���uction program or a revolving loan fund. <br />� <br />