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In, or about March of 1983 , Mr . Chapman sold his interior lot <br /> (Lot 1, Block 1, Chapman Addition now currently owned by Letendre) <br /> to Douglas and Elaine Farley for $176 , 000 . 00 . See Exhibit F. On <br /> March 25 , 1983 , the parties entered into the Agreement in violation <br /> of the plat approval given by the City, in which Chapman gave the <br /> owner of the interior lot an easement over the lakeshore lot (Lot <br /> 2 , Block 1) for the purpose of access to Lake Minnetonka and to <br /> maintain a dock. See Exhibit G . <br /> Eight months after the purchase of the lot from Chapman, the <br /> Farleys sold their lot to E. Lowell and Lois Arneson for <br /> $184 , 900 . 00 . See Exhibit H. The sale price represented a 5% <br /> increase in approximately seven months . <br /> In the spring of 1986 , the interior lot owned by Arneson was <br /> sold to the Petitioners , Robert Letendre, Sr . and Theresa Wiebe . <br /> The Petitioners paid $130 , 000 . 00 for the lot and house . See <br /> Exhibit I . The purchase price paid by the Petitioners represents a <br /> $54 , 900 . 00 decrease in price from the $184 , 900 . 00 paid by the <br /> Arnesons . In other words , the Petitioners purchased the interior <br /> lot at a price 30% below the price it sold for two and one--half <br /> years prior to their purchase. <br /> In the months preceding the Petitioners ' purchase of the <br /> interior lot , the City staff received several phone calls <br /> requesting information about the easement and docking rights <br /> associated with the interior lot . The Building and Zoning <br /> Administrator did not write down the name of the individuals <br /> requesting information, but remembers that the calls were real <br /> estate agents for the sellers and buyers , as well as interested <br /> -3- <br />