5/26/1983 - Laserfiche WebLink

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MAY 2 6 1983 bio Commissioner Wodtke stated that he personally would not have any problem with any value under $2,000 a front foot, but he did feel we need to have a full appraisal. Chairman Bird noted that we do have comparable sales to look at, and he also felt that the spirit of competition we have created has given some indication of property values. He asked the Attorney if he felt a letter of opinion of market value would be suitable. Attorney Brandenburg felt the letter of market value would provide the bottom line the appraisal would give; the difference is just that the appraiser does not have time to lay this out in the formal appraisal format. Mr. Schlitt felt the urgency of the timeframe involved is such that the Board should give favorable consideration to accepting a letter of opinion of market value. Commissioner Lyons concurred that we should follow this approach as he doubted the appraiser's opinion of value was likely to change between the issuance of such an opinion and completion of the full appraisal. Mr. Armfield stated that he could provide the letter of opinion of market,value_and also provide the Board with a verbal report. Discussion ensued as to whether we are tied in to using this one appraiser, and Attorney Brandenburg stated he had not been aware there were more appraisers in the area, and he would be glad to contact them. Discussion ensued on the properties or combination of properties the committee recommended, and Chairman Bird stated that the committee's first preference would probably be Golden Sands because of the price, the location, and the additional donation. Beyond that point he did not know where they felt the most strongly. As to the option of purchasing property in toto with local funds rather than submitting it under the Save Our Coast Program, the Chairman reported that he has received a 10