10/25/1990 - Laserfiche WebLink

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L�,&/Yr 9 MEMO TO: MAYOR AND COUNCILMEMBERS FROM: MARY SAARION, DIRECTOR PARKS, RECREATION & FORESTRY DATE: OCTOBER 10, 1990 SUBJECT: LAND ACQUISITION FOR GROVELAND PARK I received a telephone call from Mr. Jack Newton, son of Otas Newton, former Forestry Assistant for the City of Mounds View. Mr. Otas Newton was the person who donated land along the north boundary of Groveland Park to the City of Mounds View. Mr. and Mrs. Newton have passed away. Their son Jack called to inform the City that the Newton family wishes to sell the land. Because of their parent's interest in the parks, the family wishes to first offer sale of the three parcels of land to the City of Mounds View. Parcels A and B together provides access on both Groveland Road and Fairchild Avenue. Parcel C is located north of parcel B and is a wooded lot. The attached maps show the property along with size and acreage. Mr. Newton has indicated that the family is very flexible and would be agreeable to selling the parcels separately or in a group of two or all together. I asked him for a ballpark off- the-cuff idea on price and he said that an offer was formerly made for parcel C for $34,000. He suggested that parcel A would be comparable in worth. Parcel B includes the house and large garage and Mr. Newton suggested $80,000 for a price. Mr. Newton wanted to be sure that these prices were understood to be a guess on his part. He indicated that an appraiser being requested to perform a professional appraisal on the property. I informed Mr. Newton that I would present this information to the council at the next agenda session on October 15, 1990. At this time the Council can discuss whether or not to pursue the possibilities of land acquisition. I informed Mr. Newton that I would notify him of the Council's feedback on October 16 so that the family can pursue the sale of the property with the City or other parties.