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37 <br /> MEMORANDUM <br /> DATE: July 10, 2002 <br /> TO: Mayor and Councilmembers <br /> FROM: Michael Mornson, City Manager <br /> SUBJECT: PROPERTY APPRAISAL FOR 4029 SHAMROCK DRIVE <br /> Attached is the property appraisal for 4029 Shamrock Drive in the amount of$250,000. A <br /> resolution has been prepared to authorize the Mayor and City Manager to execute a Purchase <br /> Agreement to the property owners in the amount of$250,000 for the purchase of their property. <br /> The owners have accepted the City's offer. The offer is contingent on receiving DNR funding. <br /> As in the past, the owners can take all personal property in the home. Moving expenses are being <br /> researched by the City Attorney. <br />