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Agenda - Council Work Session - 02/05/2013
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Agenda - Council Work Session - 02/05/2013
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3/18/2025 9:06:21 AM
Creation date
2/6/2013 10:48:37 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
02/05/2013
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Bury Carlson Land Purchase <br />Land Cost <br />10 acres acquired 1/1/2009 <br />10 acres acquired 1/1/2010 <br />10 acres acquired 1/1/2011 <br />10 acres acquired 1/1/2012 <br />10 acres acquired 1/1/2013 <br />10 acres acquired 1/1/2014 <br />10 acres acquired 1/1/2015 <br />10 acres acquired 1/1/2016 <br />10 acres acquired 1/1/2017 <br />10 acres acquired 4/1/2018 <br />Liability Ins <br />Property Tax Lost(City Portion at .40) <br />Lost Interest <br />Total Costs <br />If City were to acquire <br />property beginning <br />1- Jan -09 <br />Buy Back <br />$ 1,753,500 <br />$ 78,000 <br />$ 78,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 181,122 <br />$ 1,210,147 <br />$ <br />3,764,769 <br />If City were to acquire No Early <br />property beginning Prop Acq <br />1- Jan -11 Retain Land <br />Buy Back 4/1/2018 <br />$ 1,753,500 <br />$ - <br />$ - <br />$ 58,000 <br />$ <br />.$ <br />58,000 <br />58,000 <br />58,000 <br />58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 58,000 <br />$ 1,753,500 <br />$ 151,602 $ - <br />$ 1,125,254 $ 1,007,320 <br />$ 3,494,356 $ 2,760,820 <br />
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