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Big Island Veterans Camp - 3 - <br />REVEâ–ºcSION TO Ti:L BOMRO C; GOVERNORS <br />The reversionary clause in the stipulation settling the lawsuit provides that <br />the property "shall revert to the grantors as created by Chapter 72 of the <br />laws of MN 1947.." This refers to the authority to operate the Camp and <br />infers no authority to sell the property. HF 1033 grants the Board of <br />Governors more authority than they had when tE-eyconveyed the property to the <br />APPRAISED VALUE <br />The Hennepin County Park Reserve District had the property appraised in <br />January 1985 by a certified independent appraiser. Based on his assessment of <br />comparable sales he estimates current market value at $945,000. <br />