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HARLOW E. <br />SCRIBNER R E A L T 0 R <br />I M C O 4 V O 2 A T L O <br />REAL ESTATE AND INSURANCE <br />PHONE LOckhaven B-7762 <br />1525 EAST FOURTEENTH STREET, SAN LEANDRO, CALIFORNIA <br />July 12, 1056 <br />The Honorable City Council of the <br />City of San Leandro <br />City Hall <br />San Leandro, California <br />Subject: ?60 West Juana Avenue <br />Gentlemen: <br />Pursuant to a request from the office of the City Manages' of <br />the City of San Leandro that a price be established on property <br />located at 260 West Juana Avenue, to facilitate purchase of <br />subject property by the City for use as part of a city parking <br />lot, Garvco, Incorporated, the owner, has received the enclosed <br />appraisal from John L. Cromie, appraiser, indicating market <br />value of land of subject property is $63,500.00. <br />Fa 1 <br />a 11 On May 31, 1956, Garvco, Incorporated, in good faith, received <br />w n, a building permit from the City of San Leandro to construct a <br />commercial building on the above mentioned property. <br />Major expenditures for construction can not be stalled for any <br />further length of time. <br />If the City of San Leandro is interested in purchasing the sub- <br />ject property at the above indicated market value of land in <br />�. the amount of $63,500.00 imnediately.,so that Garvco, Incorporated <br />incurs no further expense, Garvco, Incorporated will accept such <br />an offer to purchase within seven days from date or until July 19, <br />1956. <br />Yours very truly, <br />Garvco, Incorporated <br />Harlow E. Scribner, Pres. <br />4�1 <br />r�� <br />