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RRA - Item 5 - Acceptance of Preliminary Appraisal, 7701-13 Graves - Internal Files Box 069ROSEMEAD REDEVELOPMENT AGENCY • 8838 VALLEY BLVD.. ROSEMEAD, CA 917709(818)288-6671 • Telecopier 8183079218 A TO: HONORABLE CHAIRMAN AND MEMBERS ROSEMEAD REDEVELOPMENT AGENCY FROM: FRANK G. TRIPEPI, EXECUTIVE DIRECTOR ~~IZ DATE: APRIL 6, 1989 RE: ACCEPTANCE OF PRELIMINARY APPRAISAL, 7701-13 GRAVES AVENUE Pursuant to Agency's direction at the meeting of March 28, 1989, attached is a copy of a preliminary letter appraisal of the aforementioned property and an assessor's map. The appraiser indicated that he will have the written report to the Agency by Tuesday, April 11, 1989. RECOMMENDATION It is recommended that the Agency take the following action: 1. Approve the location as a future site for a community center or similar public use. 2. Accept the attached appraisal. 3. Authorize staff to begin negotiations for the acquisition of the property. FGT:js (2) AGENCY AGENDA APR 1 1 19M ITEM No.