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September 17, 1987 <br />TO: Jim Andre <br />FROM: Craig Waldron f e 7{> !;�,�:� n, • ..:.e. <br />SUBJECT: LEXINGTON AND BRUN PROPERTY APPRAISALS <br />I have reviewed both a I.�___-----__-_� <br />true costs to the Cityper each proposal. PPraisals, and attempted to ascent <br />ain the <br />With respect to Lexington, when one includes the <br />Per square foot, the cost of acquiring and clearinemthe Len costs <br />School site is approximately $3.31 per square foot.g the Lexington <br />With respect to the Brun <br />$5,000 to $6,000 from the phousetsaleSs assuming <br />gerhut one can net <br />in the range of $3,49, P square foot cost is <br />costs, as modified, there his`a approximately <br />the respective apt�raised <br />per square foot between the Brunr7ersusethelLexingtonctdifference <br />acquisition costs. School <br />