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• Proposed sale to the City of Elk River: <br /> Land for sale at )000( Monroe Street Elk River, MN 55330 <br /> Appraisal completed November 13, 2001 <br /> Purchase Price: $546,000 <br /> 10% down payment: $ 54,600 (with purchase agreement) <br /> Balance due at closing: $491,400 <br /> Closing set for: as soon as possible <br /> Closing balance paid in two installments. A total of half of the purchase <br /> price will be paid at closing. A 10% down payment $54,600 with purchase <br /> agreement and $218,400 on the closing date. The balance of$273,000 paid <br /> on a 5-years on a Contract for Deed. The details of the Contract for Deed <br /> are as follows: <br /> The , 8% interest for Installments of <br /> $5,535balance.46 per of month$273 for 000 60-months.at All real estate 60-months:taxes will be paid for by <br /> the City of Elk River. <br /> There are 3 parcels of land that make up the 70-acre site. The 3 PID <br /> numbers are as follows: <br /> Property 1: PID # 751024404 Property type F/101 Legal description: Sec 2 <br /> TWP 33 RNG 26 N-1/2 of S 1/2 of SE 1/4 of SE 1/4: 10-acres (Easement off <br /> of Monroe Street to property). <br /> Property 2: PID # 751024200 Property type F/101 Legal description: Sec 2 <br /> TWP 33 RNG 26 S-1/2 of NW 1/4 of SE 1/4: 20-acres <br /> Property 1: PID # 751024401 Property type F/101 Legal description: Sec 2 <br /> TWP 33 RNG 26 SW 1/4 of SE 1/4: 40-acres <br /> • <br />