The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-01

Assessment Through.
The board Of public works gave a hear
Ing yesterday afternoon 10 a number Of
real estate men as to the valuation of
the 100 acres which, under an order from
the park board, are to be condemned for
Phalen park
There was a wide difference Of opinion
as to the value of the land to be taken
Some Of the witnesses placed the value
at from $1,000 to $1,000 per acre. while
others thought $500 would be nearer the
market value. The witness who gave the
higher figures took into consideration the
future value of the land while the one
who placed the value at the lower figure
stated it was the actual market value.
A. Stolpestad valued the seventy acres
Which have been plated as blocks ) and
4, Phalen Park addition, as worth about
$3.50 per acre, or $500 to $3.50 per lot, the
latter figure on the lots fronting on the
lake. The north five acres of lot he
valued at $500 per acre The six acres
adjoining at 500 per acre, and the nine
acres which made UP the twenty-acre
tract at $500 per acre. Lots 8, 10 and Ii
OF Machey's addition, which are to be
taken for a part of the boulevard around
the lake, at 500 per lot, and the six and
quarter acres in Overbrooks addition
at $500 per acre. According to the valua-
ton by this witness the Ian7 would cost
about $40, 000.=
George s. Heron fixed practically the
same value on the various tracts as did
Mr.. Stolpestad, except he considered the
value of the lots in Mackey's addition
at $125, and the six and a quarter acres
in Overbrook's addition at $3.50 per acre
J. j. Watson considered the value Of the
seventy acres in Phalen Park addition
which had been plated at $3.50 per acre,
and the Overbrook's addition acres as
valued at $3.50 per acre. As to the other
tracts he had no opinion as to values to
Cffer.
P. 7. Kavanagh agreed with Mr.. Wat
son that the plated seventy acres were
worth $1,000 per acre. The north five
acres of lot on the lake front, he said,
was the best piece of property in the
entire tract to be used for the park, and
well worth $4,000 per acre. The other
tracts were, in his opinion worth $1,000
acres at the north of the lake, which he
valued at $3.50, and three lots in Mackey's
addition, which were worth from $3.50 To
$500 per lot
Edward Sjoberg was Of the opinion
that $500 per acre would be about the av-
erage price to DE paid for all the land
to be taken. These figures We're based
on the actual market value Of the land.
Reuben Warner, who is the owner Of
the choice five acres fronting on the lake,
and is also interested in twenty odd acres
at other points, explained to the board
that he did not SPEAK as a real estate
dealer, but simply as an owner He
thought, as the city wanted the land for
park, he would not expect as much as
though the purchase was made by q
private party. About $1,000 per acre for
the five-acre tract and the same price
for seventeen-acre tract would he fair
and just. If the board should make this
award he would be satisfied under the
circumstances and not take the matter
into the courts.
The board then adjourned. after hearine,
the witnesses, and will consider the mat
ter Of values in the next few DAYS. II ia
the intention of the board to comDlete
The assessment before Nov. 10. in order
to come under the ruling made by Judge
Hunn that the work of condemnation
must be completed within four months
after the order from the park board Is
received The only thing which will Dro-
vent this Is the work of getting out the
abstracts, which are now being prepared
py Two additional clerks recently hired
oy the board and paid from the general
fund.