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<br /> <br />BOARD OF \V A TER COMMISSIONERS <br /> <br />President: Patrick Harris + Vice President: John Zanmiller <br /> <br />Commissioners: Matt Anfang + Bob Cardinal + Stephen Hasebnann <br /> <br />February 11,2004 <br /> <br />Ms. Theresa Bender, City Clerk <br />City of Centerville <br />1880 Main Street <br />Centerville, Minnesota 55038 <br /> <br />Re: Sale of 1601 Lamotte Drive and adjacent lot <br />Board of Water Commissioners <br /> <br />Dear Ms. Bender: <br /> <br />In July 2003, Kim Moor-Sykes of the City of Centerville indicated to Bill Tschida of our office <br />that the City would be interested in pursuing purchase of the property, depending on the sale <br />price. Since that time, we have obtained a boundary survey and professional appraisal of the <br />property. This correspondence is written to provide you with a copy ofthe Orion Appraisals, Inc. <br />appraisal, and to inquire about the City's current interest in such a purchase. . <br /> <br />Based on our own casual observation of Centerville lakeshore lot sales in recent years, we <br />initially questioned whether the valuation of the two 112-foot wide parcels should be higher than <br />that determined by the appraisal. Orion subsequently reviewed the appraisal and on December <br />30, 2003 provided additional documentation and rationale to support their initial valuation of <br />$270;000 per parcel. <br /> <br />In the event the City decides to not buy the parcels, the Board intends to place them for sale on <br />the open market by means of sealed bidding conducted by the St. Paul Real Estate Division. In <br />that event, it would of course be desirable to have city water service installed to the parcels and <br />to either remove or relocate the existing 42-inch raw water pipe that lies diagonally through each <br />parcel. <br /> <br />SAINT PAUL REGIONAL WATER SERVICES <br />Stephen P. Schneider, General Manager <br />84th St E. Saint Paul MN 55101-1007 . TTY: 651-266-6299 <br /> <br />- . IB r-SWn11l'JBl.Ml.~fhrJEeLW4.tq;/ilflJdffiS NRXidgs quality water services to the following cities: <br />Xi~erwmm:paI lJ"n'1ierg~11;:r1iuCfefGa1e.r:tttre- 'C<i.W~&a':'Mllpl'e'WW8d .Mendota -Mendota Heights- Rosevil1e-Saint Paul. West St. Paul <br /> <br />AA-ADA-EEO Employer (~~) @ printed on recycled paper <br />