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CASE <br /> <br />CONSIDER COUNTER PROPOSAL FROM MR. LYNN MORTENSON <br />FOR PARCEL SOUTH OF ELMCREST PARK <br /> By: Steven J. Jankowski, City Engineer <br /> <br />Background: <br /> <br />The City needs to acquire a parcel of property approximately one acre in size.which is <br />owned by Mr. Lynn Mortenson to facilitate the extension of a trail fi.om Elmcrest Park <br />south to the developing lands north of Alpine Boulevard. Attached to this case is a copy <br />of an appraisal and accompanying exhibits prepared by Malcolm Watson in which he <br />established the value of this property at $1,000. I met with Mr. Mortenson on February <br />14, 2005 and provided him a copy of the appraisal and extended an offer to purchase the <br />property for the appraised value. <br /> <br />On March 3, 2005 I received a call from Mr. Mortenson in wl~ich he stated that he Would <br />be proposing a counteroffer to the City's offer during the week on March 7th. At the time <br />of this writing I have not received Mr. Mortenson's counteroffer, however I anticipate <br />having this information by the evening of'the Public Works meeting. <br /> <br />Recommendation: <br /> <br />Based upon the value of the counter proposal. <br />Action: <br /> <br />Based upon the value of the counter proposal. <br /> <br />Reviewed By: <br />Director of Public Works/Fire Chief <br />Assistant Public Works Director/Principal Engineer <br />City Attorney <br /> <br />PW: 03/15/05 <br /> <br />27 <br /> <br /> <br />