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ip 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 /> .......... <br /> City of Mounds View send out Request for Proposq4lAiTtsr a bilyf4gygl2per team. <br /> ........ <br /> ........ <br /> ....... <br /> ....... <br /> ....... <br /> City sells land at $38,500 and places finds into ai4.'..)Velopmentiibcotiiit!inggi.T.ifii:;i:ii.,,,, <br /> ............ <br /> Scenario 2 <br /> Building Value <br /> Land Value <br /> ...................... <br /> Purchase Price <br /> .:.::.:.• <br /> City of Mounds View sells land tQ-IiiiYer/dey416001,111000iiA;W:01.9,900 <br /> ........... <br /> ............. <br /> .............. <br /> 1111 Result: <br /> .1.••• <br /> • Two new homes with**4106:rat$120,000 or more <br /> • croaoai4tyelopmettpem:4:1&be used for additional housing activities <br /> • kaitolopotOnt fund with$58,400 to be used for housing programs such as <br /> an. . <br /> mterogiirgoixgcluction program or a revolving loan fund. <br /> ........................... <br /> ........................... <br /> ...„.„ <br /> ........ <br /> • <br /> 6 <br />