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L�ahi�n, C��ryer � F'oley, Iric. <br />55 EAST 5TH STfi��7 ^ SUITE 13'�Q a ST. PAtIl., MiNN�SDTA 551 a1 ^ t651 y 224-1381 � FAIC �651 j 223-573� <br />DWIGHT W. oAHLEN, MAi, SREA <br />DAiVIEL E. dWYER <br />SEAN Nf. FtiLEY <br />JEFFFiEY A. �AML��! <br />.lANE �. liAMME5 <br />MICNAEL T. YINKER <br />MaCCf� 9, 20D9 <br />Mr. Patrick Trudgean, AICP <br />�ommunity ❑e��iapment Dir�ctor <br />City ❑f F�ose�ille <br />2fi6a Ci�ic Center DriWe <br />R�se�ille, MN 55113 <br />R�: Former Cummins Diesel Praperty <br />A Truck Safes, Rentai anc€ Service Fa�ility <br />2�90 Cle�eiand A�en�ae N <br />Rase�ifle, MiV a5113 <br />❑ear Mr. Trudgeon: <br />Ir� accordance with yaur request, k ha�e prepared a"Gamplet`e �umrrr�ry <br />.�ipprai�al' an the property loca�ed at 269D Cls�ela��d A���u� N in Rose��ll�, <br />Mir�nisata. The pr�perty is th�� fa�-rrr�r Cummins Diesel fa�iliiy which, on t#�e dat� of <br />appraisai, was �acant an� in the 5tate of disrepa�r. Ti�e 4�uifr�ing has a G�3A of 3�,73� <br />5F and Es lacated on a 4.d82 acre site zoned !2 or GeneraG Inciustriaf (3istrict. The <br />F�ase�iale Camprehensi�c Plan has the �ubject pr�perty guided BP ar Ciusiness Pari�. <br />Th� purpos� af this ap�raisal is to determine the IQSa ir� market �alue to the <br />property du� to the City af Rose�ill�'s Twin Lakes Roadway 1'ra�ect. This �3roj�ct <br />incfudas taking of road rig�tt-�f-way and temporary easements. Additio�atfy, in khe <br />�pinion af your appraiser, the �m�ro�ements will �a�e ta be razed �rs in the "��t�r" <br />situation as fi�e functiana! utility is greatiy dimir�ished. <br />This appraisaf �as been preparec# in conformance with �1nf]�T'� "1`�igi�� o� Vtlay <br />I�Ilarrual" dated 5e�tember 2�07 and US D�T's �� �F79 �'arf .�4. Bas�d upon my <br />ii�speGtian of the property, anci in cor�sideratian vf the City of Rase��lfe's t��lcii�c�s for <br />the Twin Lakes Roadway Projec#, f ha�e develap�d tl�� follawing n�ainions of �alue far <br />if�e property as �f Mar�h 3, 2n09: <br />REAL ESTAT� APPRAfSALS • C�NSUL.TATIC3P! • EHF'ER� WfTNESS • NlA�iIiET �iES�ARCH <br />