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. a <br /> in th®n <br /> 0illa e <br /> Administrative Offices <br /> 3301 Silver Lake Road, St. Anthony, Minnesota 55418-1699 <br /> (612) 789-8881 FAX (612) 781-9323 <br /> May 15, 2003 <br /> Robert L. Christen <br /> 3501 Silver Lake Road <br /> St. Anthony, MN 55418 <br /> Dear Mr. Christen: <br /> This letter is to inform you of the City's intent to purchase your property for$240,000. <br /> This price includes relocation assistance as well as the purchase price. The purchase is <br /> contingent upon the City Attorney's approval, a title exam, environmental review and the City <br /> HRA's successful sale of lease revenue bonds. The majority of the contingencies should be <br /> completed by the second week of June. <br /> As far as a closing date,because we need to own the property prior to obtaining our <br /> funds, we need to close prior to July 2. 2003. If you need to stay on the property after July a <br /> rental arrangement can be made to allow you a successful move to'a new location. <br /> The City's law firm, Dorsey&Whitney; will draft a purchase agreement and schedule a <br /> closing. The attorney the City is working with is Audra Williams. <br /> If you have any questions,please feel free to contact me at 612-706-1325. <br /> Sincerely, <br /> Michael J. Mornson <br /> City Manager <br /> Our Mission is to be a progressive and livable community, <br /> a walkable village, which is safe and secure. <br />