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11SPCtober T, 1988 <br />Mr. Crai'g A. 'Wald,r,on <br />D.1"rector of Community Development <br />C i t� of Rosev 1. 1 In <br />Y <br />2660 Civic Center Drive <br />Rosievi".11e, MN 5511,3 <br />RE: One Ac -re Tract <br />Llexart Addition <br />Rosevi Ile, Mjnnegaj­I it j <br />Dear Mr. Waldron: <br />In accordance with your requiest, 1 have iiiade an inspection <br />811d n, appraisal of a one acre vacant Lract of land located at <br />the north,wies t corner of Lexington Avenu,e. and Eldridge Avenue in <br />Roseville, M�innesoita. <br />The purposes olf thicsii appraisal, is to esLimcate. thrut market <br />valu,e of fee simple i <br />interest 'in the property. It is tile. <br />intention of the Cl,ity of' Hosev:ille to purc.-hase this one acre. <br />tract from the idievelope,r of Lexart Addi'tion. <br />Therefore, after a tburougb analysis of all, factors, it is <br />the opinion of your appraiser that the, -following value is <br />Lq'pplicablie the subject property as, of September 26, 1988: <br />i <br />This appraisal has been made subject to cerfa <br />to limitilig <br />j W <br />C0111(litions Cand assumptions as hearleinafter expressu(- <br />1 4 S U h <br />alld information clontained herein were obtained It-c)III '153 P <br />, ( urc. -9 tha <br />I catisidf:�r re-liable and true to Lhe bes.t. of my knowle(ljfu- Can(i <br />b el i <br />of . <br />