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~~ ~~~~~ ~~. <br />March 6, 2008 <br />Russ Royer <br />S~niar Reai Property Officer <br />Public Works Engineering <br />858 Peari Street <br />Eugene, OR 97401 <br />Dear Mr. Royer, <br />Thank you far providing us a copy oP the appraisal repork on the subject pr~perty located wsst of <br />tnterstaCe 5 and south of l.ane Camrrrunity College, which is owned by Arlie & Company. <br />Afiter reviewing the report, we are wiiling to seli to the Gity of Eugene the 2C~0 acres at the appraised <br />value of $15;O170 per acrs, or;$3 million. in ar~ effort ta suppart the extension of the ridgeline traii <br />from Skyiine Pa~k (Maunt Baldy} to C.ane Community Coilege, Arlie & Compa~y is willing to donate to <br />the Parks CJivision 20°~ ($~00;000} of the final saie price of the property. TII~' CI~}~ t'T"lc~Y U5~ ~I115 <br />donation for a'ny park-related' purpose, such as land acquisifiior~, natural resource restor~tion, or <br />ridgeline trai! design/constructir~n. <br />Due tc~ the current lot configuration and zoning of the prnperty, we propose piacing a conservation <br />easement over the 20~-acre;trai! corridor until a dedicated lot can be transferred to the Citythraugh <br />a prop~rty line adjustment ar land division process. <br />Upon receipt of a conservatinn easemenfiJpurchase & sale agreement fram the City, Arlie & Co-npany <br />vwi11 be prepared to eomplet~ a.survey of fihe 2C?0-acre cprridor and a iegal d~scripti~n. <br />To reiterate, we think the City's acquisitinn of this 20tJ-acre corridpr is vital to successfully <br />impiementing the community's vision for the ridgeline traii system: We look farward to your <br />respor~' n wri ~ by March 20, 2~08. Thank you. <br />Presldent <br />ariie~;comp~ny • 87•x Country Club i"toad • F:u~ene> flreg~ri 97401 ,~• <br />www.ariie.com • Phane 5•4~.-344-55t3Q •~"ax 541.-486-2654 • na~ilC~arlie.cona '~'~~' <br />