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Edina i^Hy. <br />Wayzata/Lake Minnetonka Office <br />1120 East Wariaca Boolermnl <br />Wiyata. Mlmiesott 55391 <br />(612) 47S-24U <br />February 9, 1989 <br />Mr. Mark Bernhardson, City Administrator <br />Village of Orono <br />PO Box 66 <br />Crystal Bay, MN 55323 <br />Dear Mr. Bernhardson: <br />I would like to share with you the frustration we are experiencing in marketing <br />the property located at 725 Dickey Lake Drive. <br />This property has been on the market since March, 1988, competively priced, and <br />still is not sold! We have had several interested families, but the uncertainty <br />of the development of the area across the street has been very detrimental. To <br />make the kind of investment necessary in this property, most people are scared <br />off by the prospect of multiple dwellings and/or commercial development not <br />knowing how this neighborhood would be protected. <br />It Is our understanding the Otten Brothers Nursery has plans to <br />that parcel and with the proper terming and planting, feel this neighborhood <br />would benefit. This is not a pitch for Otten Brothers, as much as an urgent <br />plea to please resolve the issue. The uncertainty is killing the owners <br />chance to selling this property, and certainly delaying the opportunity for <br />Orono to obtain an active interested homeowner. <br />The length of time if-has taken to sell this property, and the prospect, according <br />to Mike Saffron of no decision until late suinner, has created a tremendous hardship <br />for the McKay's. To have buyer after buyer walk away because they don t know <br />what is going to happen across the street has been horrendous! <br />We would appreciate whatever you can do to expedite this situation and eliminate <br />the unknown. <br />Sincerely, <br />Carole Sattepvall <br />REALTOR <br />3 MU CD