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July 23, 1996 <br /> Barbara Matelsky <br /> 4949 Old Highway 8 <br /> Mounds View, MN 55112 <br /> RE: City of Mounds View Old Highway 8 Improvement Project <br /> Project Site: 4949 Old Highway 8, Mounds View, MN <br /> Dear Ms. Matelsky: <br /> The City of Mounds View is planning a roadway improvement project which will require that the <br /> City obtain fee title to your property located at 4949 Old Highway 8. In order to obtain this title, <br /> the City must follow a specific procedure. These procedures are set forth by the Uniform <br /> Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended, and <br /> Minnesota Statute. Some of the required procedures are set forth in the booklet, which you <br /> previously received, entitled"Guidebook for Property Owners". One of the procedural steps is a <br /> written offer to purchase the property. This letter represents this written offer. <br /> The City of Mounds View hereby offers all interested parties who may have an interest in the <br /> real estate identified as the project site listed above,the sum of$77,000.00, which has been <br /> estimated to be just compensation for such property and rights based upon the fair market value <br /> of the property. A summary of the amount set out above as just compensation is as follows: <br /> LAND TO BE ACQUIRED <br /> 1. Legal Description of the Property: Section 17, Township 30, Range 23, Part of <br /> the Southwesterly of Highway of North 212.74' of South 495' of East 516.12' of <br /> Northeast 1/4 of Northest 1/4 of Section 17, Township 30, Range 23. <br /> 2. Street Address of the Property: 4949 Old Highway 8, Mounds View, <br /> Minnesota. <br /> 3. Interest in Property to be Acquired: Fee Title <br /> ITEMS OF REAL PROPERTY OTHER THAN LAND TO BE ACQUIRED <br /> 1. Buildings of Other Structures: 1 Y2 Story Bungalow-Style Single Family Home <br /> with 2 Car Detached Garage. <br /> 2. Items of Property Not Owned by Owner of the Land: None <br />