CCP 04-29-2002 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I APPRAISAL CONCEPTS, INC. . Residential - Commercial - Industrial - Equipment 2565 Hamline Avenue North, Suite B Roseville, Minnesota 55113 April 18, 2002 Real Estate - (651) 636-2565 Equipment - (651) 633-0779 Fax- (651) 633-0394 Mr. Aaron Parrish City of Arden Hills 1245 West Highway 96 Arden Hills, Minnesota 55112 Re: City of Arden Hills Tract Southeasterly Quadrant of I-35W and Highway 96 Arden Hills, Minnesota Dear Mr. parrish: In accordance with your request, I have completed an appraisal of the above referenced property for the purpose of estimating its probable market value in the fee simple interest. The following written report presents the findings, analysis and conclusions of this appraisal. I have made a complete inspection of the subject property and have fully identified the real estate in the written report. . After careful consideration of the many factors influencing value, it is my opinion that the subject property has a market value, as of April 11, 2002, based on the factors described herein, of NINE HUNDRED THOUSAND DOLLARS ($ 900 , 000 . 00 ) The undersigned certifies to the best of his knowledge and belief that the statements of fact contained in this report are true and correct. The report and analysis, opinions and conclusions are limited only by the reported assumptions and limiting conditions, and are the undersigned's unbiased professional analysis, opinions and conclusions. The undersigned has no present or prospective interest in the property that is the subject of the report and no personal interest or bias with respect to the parties involved. Compensation is not contingent upon the reporting of a predetermined value or direction in value that .