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March 31,2010 �c�°����� <br /> �;i�,� 0 5 zo�o - <br /> City Council of Orono c��'�OFp�01Vp <br /> City of�rono <br /> 2750 f<elley Parkway <br /> Orono, MN 55356 <br /> RE: 3415 CRYSTAL BAY ROAD/DOCK RIGHTS <br /> Dear Members of the Council: <br /> f am wrifiing to follow up on our letter of�ctober 27,2008. At that time we were trying to sell our <br /> house as I had fost my job of ZS years-and I still remain unemployed, We had several bvyers who were <br /> gaing to come in with offers—but they all decided it was too risky after they further explored the dock <br /> rights issue with the city. Given the market,then and now, buyers were too fearful of the house <br /> rnaintaining its core value given the lack of resolution of the dock rights. Our house at that time was <br /> valued 2t$784,000. We have watched the vafue drop today to$547,00O...and we know we cannot evert <br /> attempt to sell this property until the dock rights issue is solidified. <br /> l sPake again with the City Administrator last year about this issue and he suggested that I check locaf <br /> libraries,etc.to see if there were any issues of neighborhood newslettersf newspapers from 1934— <br /> which is the year when the City af Orono received the iakeshore for aur home (and three others)on a <br /> "quit deed". I did check and found no records. Perha_ps that is the year in which the farmer who lived <br /> up above and who built these properties passed on;perhaps there were issues with the estate or <br /> perhaps the faur cab'sns he built were no longer in the family and the easiest action was taken. We'!I <br /> likely never know the answer to this question, <br /> However,the important point is that it is now 2010 and there is no other viable use of this lakeshore in <br /> front of our home other than how it�as been utilized for many years—for the homEowner. We have <br /> maintained it,we have had a dock(as have prior owners), and we are taxed on it. More important{y,we <br /> have paid for it via the purchase of our home. There were two other houses on this street for sale when <br /> we purchased this home in October of 1999 (3235 and 3393 Crystal Bay Road) and we paid rnore for our <br /> house than the list price of either of those two homes and they both have deeded access..,and they <br /> were comparabie homes to ours. Similarly,the house next to us (3407}sold a couple of years ago with <br /> an assessed value and sale price that reflected lake rights, These houses have sofd over the years with <br /> dodc access and prices reflecting such (with the recent exception of 3445 Crystal Bay Road—as <br /> explained to me by the Ciry Administrator). We have also invested in our home based on the assessed <br /> �alue. The seller's disclosure statement at the time we purchased our home stated that access was <br /> "technicalfy deeded." That has been the understanding since there is no other feasible use for this land. <br /> We�vould like to once again respectfully request that the small piece of lakeshore in front of our home <br /> be deeded to us. The City of Orono paid nathing for it,we are taxed on it,we uti(ize it and maintain it <br /> and we feel we have paid for it. But we cannot even consider selling our home unless dock rights can be <br /> determined. <br />