EDSR INFORMATION #2 02-08-1999 r (
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EIK River
February 2, 1999
Mr. & Mrs. James Mevissen
P.O. Box 585
Elk River, Minnesota 55330
Mr. & Mrs. Delton Warden
11020 181st Avenue NW
Elk River, Minnesota 55330
Dear Mr. & Mrs. Mevissen and Mr. &Mrs. Warden:
• Subject: Eminent Domain Proceeding
Staff is writing this letter at the request of the City Council to provide
additional information to you regarding the eminent domain proceeding
initiated by the Economic Development Authority.
As you are likely aware, the city is preparing to undertake a major eastern
utility expansion project beginning in the summer of 1999. This utility project
will allow the redevelopment of the mobile home park and approximately 50
surrounding acres, most of which is now owned by Associated Developers, the
developer of the commercial project.
Associated Developers requested the EDA to consider using its powers of
eminent domain to aid the developer in purchasing your properties. The EDA
considered this and eventually took action to begin the process upon hearing
from t : e developer that it would be unlikely that a price based upon fair
market value could be established between yourselves and the developer.
An appraiser, hired by the EDA will be contacting you, if he hasn't done so
already, to complete a viewing of your property. This viewing will help him
establish a fair market value appraisal from which the EDA will then make an
• offer to you for the purchase of your property. If the appraiser is unable to
13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • TDD & Phone: (612)441-7420 • Fax: (612)441-7425
Mr. & Mrs. Mevissen
Mr. & Mrs. Warden
• February 2, 1999
Page Two
complete this internal viewing of your property, he will complete a drive by
viewing and his appraisal will be based upon such viewing. It is likely
advantageous for you to allow an internal viewing of your property for the
purpose of completing this appraisal.
After the EDA has made an offer on your property based upon this appraisal,
you will then have an opportunity to accept the EDA's offer or hire your own
independent appraiser to complete an appraisal if you so desire.
The name of the person hired to complete your appraisal is Lee Racine at BCL
Appraisals, 781-0605.
If you have any questions or comments or wish to meet with staff to further
discuss this process, please feel free to contact me at City Hall, 441-4905.
Thank you for your cooperation on this matter.
Sin--
• "aul T. Steinman
Director of Economic Development
PTS:akh
c: Pat Klaers, City Administrator
Peter Beck, City Attorney via fax
Economic Development Authority
•