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<br />If you have property fronting em a lake, I would say that <br />your properties could run anywhere from t'v>Tenty - thirty <br />to maybe $40,000 2 lot. <br /> <br />MR. PEICKERT: For a Roseville lot? <br /> <br />COUNCILMAN GRAUEL: On Lake Owasso - on lake property. <br />George, what is property selling on OW2SS0. <br /> <br />MR. REILING~ ~400 to $450 2 foot. <br /> <br />FROM THE AUDIENCE: You're taking the ultimate. <br /> <br />FROM THE AUDIENCE~ The m2jority of the homes are not on <br />the l?ke in Roseville. <br /> <br />COUNCILMAN GRAUEL: I'd like to complete my statement <br />before I'm interrupted. I'm saying that the lots on Lake <br />Owasso - you can go there and buy a lot, as Mr. Reiling said, <br />anywhere from $300 to $400 to ~450 a foot. This is an ultimate <br />on one spectrum, but what the question rhat you're asking here <br />is, what are you gcoing to get. in return for a $5,150 assessment <br />against your property for sanitary sewer, water, concrete curb <br />2Ind gutter and rhe rest of it, 2nd I would sC"y basically from <br />what my knowledge of some of this real estate property is <br />somewhere around $12,000 to $13,000 a lot - maybe $17,000. <br /> <br />FROM THE AUDIENCE: Try $l6,OOO or $l7,000 in that area. <br /> <br />COUNCILMAN GRAUEL~ This is my best estimate. <br /> <br />MAYOR DEMOS: There are no lots under $16,000. <br /> <br />COUNCILMAN CURLEY: How many of those people on Victoric <br />own the lots all the way back? <br /> <br />MR. HONCHELL~ I don't know. There are several, but I <br />don't know how many. <br /> <br />COUNCILMAN CURLEY~ It's kind of important to me. If <br />some people who own just ehe front of the lot and not the back <br />2nd there's no way they can '3ubc1ivide - this is \V'hat I'd like <br />to know. <br /> <br />-20- <br />