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<br />. <br /> <br />. <br /> <br />. <br /> <br />water tower on adjacent property values. It seems that two <br />developed lots (one acre) in this area with municipal utilities <br />may be of equal value to the City parcel as listed by the <br />County Assessor's department. <br /> <br />The proposal as requested by Mr. Foster asks for an even <br />exchange of property. This can be done either through the <br />exchange of titles or through an actual purchase of each others <br />property. If this is to take place, the City Council must come <br />to the conclusion that the City property is of roughly equal <br />value to the Foster property that the City needs for the water <br />tower site. Regarding some of the other conditions listed at <br />the end of Page 2 of the Foster letter, please refer to the <br />attachment from the City Engineer. <br />