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Lin: <br /> <br />means your property is worth more. <br />I think that there could have been <br />another appraisal done. On Lot 22, <br />the square footage was enhanced by <br />17% by this acquisition and the <br />market value by $737.00. <br /> <br />We didn't approach the appraisers <br />about any technique for the <br />appraising. They suggested to us <br />that the only way to appraise <br />property of any sort, is to base it <br />on usage and what you can do with <br />it. <br /> <br />Mayer: <br /> <br />Is the Golf Course part of the land <br />dedication? <br /> <br />Lin: <br /> <br />Correct. <br /> <br />Mayer: <br /> <br />Then, it wasn't the typical open <br />space dedication. In order to <br />enhance the value of the developer's <br />property, he donated the land for <br />the Golf Course. <br /> <br />Lin: <br /> <br />Mayer: <br /> <br />Phare: <br /> <br />A fair amount of that land was along <br />the Coal Creek Stream. I don't know <br />if it was developable or not. <br /> <br />Coal Creek Stream was originally <br />scheduled to be a drainage area. If <br />the land became developed and there <br />was a flood, would the City be <br />exposed to any liability? <br /> <br />If there are implications of taking <br />back land, it's going to drain the <br />way it does today. We would have to <br />make sure that all lots drain <br />properly, because there was an <br />assumption that all lots drain back <br />to this open area. <br /> <br />Mayer: <br /> <br />We do need to look at any potential <br />drainage problems. When a zoning <br />appeal is made, a notice should be <br />mailed to each of the people in the <br />subdivision to see if this impacts <br />their enjoyment of the area. I am <br />concerned about a precedent being <br />set here. If someone built a fence <br /> <br /> <br />