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Add'n for a sum paid to the City of$2350.00. This results in a price of 86 cents <br /> per square foot. Ordinance# 2002-02 <br /> 8.An ordinance vacating a portion of North Union and East Pythian St. <br /> consisting of 26,290 square feet for the benefit of the owner of adjoining lots for a <br /> sum paid to the City of$9200.00. This results in a price of 35 cents per square <br /> foot. Ordinance#2003-46 <br /> 9. Ordinance #2002-36 vacated an alley adjoining Lots 1,2,3,4 & 5 and <br /> Tract C in Block 8 of Pythian Home Addition at no cost to the owners of the lots <br /> benefited thereby. <br /> CONCLUSIONS REGARDING VALUE: <br /> Based on the limited size and utility of the subject tract and the fact that it <br /> has no commercial application, it is the opinion of the appraiser that the Fair <br /> Market value of the tract is 35 cents per square foot or an e�ended value of <br /> $48.44 (rounded to $50.00) <br /> Estitmated Fair Market Value= $50.00 <br /> � ^ ' <br /> (David L. Johnson) <br /> Cert' ed Residential Real Estate Appraiser <br /> License # 156-0002823 <br />