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<br />WHITE DOVE APPRAISALS <br />403 Main Street, Elk River, MN 55330 <br /> <br />File No. 0076 <br /> <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br /> <br />File Number: 0076 <br /> <br />In accordance with your request, I have personally Inspected and appraised the real property at: <br /> <br />1217 5th Street <br />Elk River, MN 55330 <br /> <br />The purpose of this appraisal is to estimate the market value of the subject property, as improved. <br />The property rights appraised are the fee simple interest in the site and improvements. <br /> <br />In my opinion, the estimated market value of the property as of October 10; 2000 is: <br /> <br />$144,000 <br />One Hundred Forty-Four Thousand Dollars <br /> <br />The attached report contains the description, analysis and supportive data for the conclusions, <br />final estimate of value, descriptive photographs, limiting conditions and appropriate certifications. <br /> <br />