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Tom Reiersgord <br />October 19,1999 <br />Page 2 <br />development potential, the City’s ofifer for the 3.35 acre piece is $150,000. This offer is subject to <br />good title, as well as working out the terms of a purchase agreement. Please review this offer with <br />the property owners at your earliest convenience, and contact me to discuss the terms of a purchase <br />agreement. If you have any questions regarding the City's offer, please call me. Thank you for your <br />assistance. <br />Sincerely, <br />Ronald J. Moorse <br />City Administrator <br />RJM/lsv <br />L________