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Shenehon-Goodlund-Taylor, Inc. <br />.q n. . ,''A I ANAP.." <br />6121544 9860 • 2525 NEVADA AVE N SUITE 103 MINNEAPOLIS. MN 55427 <br />October 15, 1985 <br />Mr. Steve Y. Thatcher P.C. <br />Director of Public Oevelop"ot <br />City of Mounds vier <br />Mounds Vier, MN 55432 <br />kE: MAnFET inauc jpf-- SAL OF nia,u." !Xe ie 110 T-Ly plSORIRED <br />HEREIN AS 2299 COUNTY ROAD H, MOUNDS VIEW, MINMESOTA <br />Dear Mr. Thatcher: <br />we have completed an appraisal of the shove optioned property as you <br />requested. The attached report presents the findings, analyse@ and <br />conclusions of this appraisal and fully identifiq the property. <br />The purpose of this appraisal is L� cc'iL"t• the boat probable martet <br />aa <br />value of the tee simple interest in tws yi-gviv • •�-rr--•--- -- --- <br />sukject to certain assumptions and lWting conditions which are listed <br />in tbla report. <br />In out opiaion, the sub;ect property bad a must probable market value vc <br />September 10, 1985 oi: <br />THREE MUNDRED TEN THOUSA?T DOLLARS - <br />FIVE HLNDRED NINETY THOUSAND DOLLARS <br />(31U,000• <br />S590,000ef <br />Tne value conclusive of this report to our estimate based on accepted <br />real estate appraisal practice. If you have any questions or comments <br />liter r%4diog the appraisal report, place coouet our fin. <br />Very truly your$, <br />ZW-GOOyDjL0UN0D�T,j <br />MI,IK/NCr, I, 6 <br />/Jam <br />*Assuming poor soil in southwest quarter <br />saysuming good soil throughout site <br />