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Item Number: 03 <br />Meeting Date: June 1, 2009 <br />Type of Business: WS <br />Administrator Review: _____ <br /> <br /> City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Heidi Steinmetz, Economic Development Specialist <br />Item Title/Subject: Property Purchase Inquiry - 8271 Long Lake Road <br /> <br />Background <br /> <br />Amelia Sullivan, the owner of the property at 8271 Long Lake Road (see aerial photo <br />below), contacted City staff on May 12, 2009 inquiring if the City would have an interest in <br />purchasing her .68-acre (29,621 square foot) property. The property has a single <br />dwelling on it, is 100 feet wide by 296 feet deep, is a rental property and Ms. Sullivan <br />mentioned to staff that she has been trying to sell it for quite some time. Ms. Sullivan did <br />not provide City staff with an asking price for the property but is interested in receiving <br />offers. Ramsey County’s 2010 Estimated Market Value for the property is $108,100. <br /> <br /> Arda n Ave. 8283 Long Lake Road (City-Owned) <br /> Long Lake Road 8271 Long Lake Road