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1988_0613.ws_packet
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1988_0613.ws_packet
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A <br />The Library is requesiting assistance in the acquisotion <br />a ik <br />acriies or, 1089010 1964 the City donated the origina <br />2.3 acres fair the existing site, I <br />HYPOTHETICAL EXAMPLE: <br />2*,3 acres (1 08,,900 sq, ft.,) x 4.50 $490.050 total <br />$491o,0510 x cost average of 731% = $357,736 <br />Imm 108,900 sq. fit, x .76% ('land average) <br />8211,764i x 4.50 1- $3724438 <br />M <br />The same scienario above would be used,, however, the City would <br />icoinisi,der its, past contribution as, part of its total contribution. <br />0" <br />Thus,,, if 76% of' the total land needed 'I's the averageo, Roseville <br />has previously givien 263 acres (100,188 sq,* ft,) of 4.8 acres <br />that are needed.. <br />Usiilng, the 76% land clointrilibution average 158,906 sq, ft, would be <br />needed, from Rolsieviillei. <br />Therefore. 1581,F90i6 (76% contribution required) <br />G <br />-1008188 (prieviousi-contiribution) <br />5871,8 (still needed, for 76% contribution) <br />Thus I <br />,r hypothetically,, 58j.'718 sq. ft. x $4.50 (average of <br />es) $2641231 contribution.1 <br />cl 1 <br />13PNOi d Q% <br />It would, be the sitaf f Is recommendation that option 2 f imrst be <br />e a ac i <br />a <br />1-derdi. As Iffiallbk" negotiting po a <br />cons i ion. Pt 'Ion I Couldt <br />later, be offered as a comprom 'Oise . <br />
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