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NFIELD A. MITCHELL <br />. REAI.TOR~ <br />SALES -APPRAISALS <br />REALTOR <br />412 MIdWEST FEDERAL BUILDING <br />ST. PAUL. MINNES07A 551 O7 <br />TEL. 1612) 222-0788 <br />December 12, 1.984 <br />;~lr . James h"inl:e 1 s , <br />Director of Community Development <br />Cit}- of tiew Brighton <br />8 0 5 5th Ave . ?vlti <br />Nek~ l~righton, Alisui. 5511? <br />R); : Char 8 4 - 41 <br />~t}~ St. ?v1ti u 14th Ave. ;~'}i <br />dear :~lr. jiini.els: <br />?ransmitted herek'ith is a memarandt~-~ appraisal of the t~~-o sites <br />an nth St . ;~'ii prapased for exchange C~` Gordon ciedlund. <br />The estimated value of the vacated street. t't~at accrued to the <br />city property designated as the easterly- site is; <br />SFl`L~ THOUS,4'~~) FI1'E IiLiti~l~ DC7i~L."~RS <br />~ soo.c~o <br />i~-, <br />7"ne esti,':iated value of the kesterl}' 43 tact o, ~ied1~.~~d's exist- <br />ing property subject to the Count}' Ditc:Z is: <br />S~'l~ HIJ.tiDnL:) A'~`I1 NQ/10(1 DOi,LAR_S <br />(5?00.00) <br />The valuation is intended to apply as of December ~, 1984. <br />Very truly }'ours , <br />~_ <br />hin~eld A. 1~iitchell <br />Senior Member <br />Amexicazl Societe of Appraisers <br />ItiAM/fin <br /> <br /> <br />