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5.0. 6.0. EDSR 03-08-1999
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5.0. 6.0. EDSR 03-08-1999
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City Government
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EDSR
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3/8/1999
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iky of <br /> Elk ' • <br /> River <br /> March 4, 1999 <br /> • <br /> Mr. & Mrs. James Mevissen <br /> 11070 181st Avenue NW <br /> Elk River, MN 55330 <br /> Mr. & Mrs. Delton Warden <br /> 11020 181st Avenue NW <br /> Elk River, MN 55330 <br /> Dear Mr. & Mrs. Mevissen and Mr. & Mrs. Warden: <br /> Subject: Eminent Domain Proceedings <br /> The purpose of this letter is to inform you of progress which has been made <br /> over the last several weeks on the issue of eminent domain proceedings <br /> regarding your properties. <br /> At this time a residential property appraisal has been completed for each of <br /> your properties. It is now necessary for that residential property appraisal to <br /> be adjusted to reflect a commercial property value. Both appraisals are <br /> currently in the process of being adjusted to reflect such commercial property <br /> value. <br /> On Monday, March 8, 1999, the Economic Development Authority will be <br /> meeting, in part, to discuss and review the appraisals. You are invited to <br /> attend and take part in this discussion if you so choose. The Economic <br /> Development Authority will not have full appraisals with commercial property <br /> value adjustments for this discussion on Monday, March 8. Therefore, this <br /> issue may simply be an update to the Economic Development Authority on the <br /> appraisal process and future steps in the eminent domain proceedings. <br /> • <br /> 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • TDD&Phone: (612)441-7420 • Fax: (612)441-7425 <br />
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