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Steven Roberts has oiffered to sell a buildable, undeveloped lot (2895 <br />Artihur Place) on Langton Lake at r of $45,000*00. The lot size <br />square is 7'5,1 x 250,f, or18,r750 <br />In, the, latter +f ,* ` city purchased an undeveloped lot (751 <br />feet) , at w price of <br />$32,000s,00a <br />'There, perhaps, has, been some appreciat,31'-on in value due to inflation, <br />but probably no more than f I've to ten plercent. If the city was • pal <br />moire than the ten percent over the 1,987 appraisal,, it should then <br />secure an s Roberts" o <br />Therefore,, the recommendation is to authorize the City Manager to <br />negotiate the purchase of the Roberts' lot at an approximate value of <br />$132,10100.00 plus an appreciation amount for the past year, and to <br />attempt. to negotiate a possession date and final payment after January <br />11 191 89,0 <br />I W a �I <br />Motion to authorize the City Manager negotiate " purchase * an <br />undeveloped lot at 2895 Arthur Place. <br />