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Professional Full Service Appraisers <br /> White Bear Office Woodbury Office <br /> 4740 Washington Square Suite 200 7650 Currell Boulevard Suite 300P <br /> White Bear Lake, MN 55110 F21 Woodbury, MN 55125 <br /> (612) 426 -7144 , , , , (612) 738 -1017 <br /> Fax: (612) 426 -9458 A Fax: (612) 426 -9458 <br /> McKinzie Metro Appraisal <br /> July 11, 1996 <br /> Mr. Jim March <br /> City of Centerville <br /> 1880 Main Street <br /> Centerville, Minnesota 55038 <br /> RE: Appraisal Services Proposal <br /> Dear Mr. March, <br /> Thank you for your call this week offering McKinzie Metro Appraisal the opportunity to <br /> give the city this proposal to provide appraisal services. <br /> As I understand it, the purpose of the appraisals will be to determine "benefits ", (property <br /> value increases), to three properties. The appraisals will be used to plan the assessments <br /> to the three appraised properties and other similar benefiting properties, for public water <br /> service being brought to the properties. <br /> Each property must be appraised twice, once without public water service, and once with <br /> the public water service. The difference in the two value conclusions is the "benefit" to <br /> the property attributable to the new water service. <br /> The specific properties to be appraised have apparently not been determined, so the <br /> proposed fees quoted can only be estimates. <br /> When the properties to be appraised have been selected, we can give exacting proposed <br /> fees at that time. <br /> At this time our fee estimates are as follows: <br /> MINNESOTA GOVERNMENTAL APPRAISERS AMERICAN SOCIETY OF APPRAISERS AMERICAN RIGHT OF WAY ASSOCIATION <br />