3.0. SR 05-11-1998ity of
MEMORANDUM
Item #3.
TO:
FROM:
DATE:
SUBJECT:
Mayor & City Council
Pat Klaers, City A~pi~rator
May 7, 1998 ~
Presentation from Patchin and
Associates
Per Council direction on April 27, 1998, representatives from the Patchin
appraisal firm will be in attendance at this meeting to make a presentation
on some of the work they have performed for the city. Joe Mako and Jason
Messner will talk about the area wide trunk utility benefit for the pubhc
improvement project in east Elk River. It appears that the per acre benefit
for residential and commercial properties has increased since the initial
report was completed in summer 1996.
Additionally, I have asked Joe and Jason to review the report on the Brown
property. This includes the per acre value for the 100 acres of the Brown
property and also the road corridor area which includes the Brown residence.
Patchin has also completed appraisals for the Eull, Barrett, and Korthals
properties which lie between 171St and 173rd Avenues. They subcontracted
out the appraisal for the Kirkeide property and residence which is in the
center of the Brown property. All of these property owners may be in
attendance at this Council meeting.
The worksession is planned for a 5 to 6 p.m. timeframe with the EDA
meeting beginning at 6 p.m. The trunk benefit report is sure to get some
additional discussion during the joint Utilities Commission/City Council
meeting which follows the EDA meeting at approximately 7 p.m.
Please bring the previously distributed Patchin reports to this meeting. If
you need another copy of a report, please let me know.
13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425