Inver Grove Heights Economic Development Authority Agenda Packet 2026-06-08
EDA to Approve Appraisal Contract for 70th & Babcock Parcel
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Description
The Inver Grove Heights EDA recommended approval of a $4,000 contract with Patchin Messner Valuation Counselors to appraise a 3.96-acre parcel at 70th Street and Babcock Trail. This appraisal updates a 2017 valuation and supports the City's information gathering for potential development.
Contract Details
Contract Amount
$4,000
Vendor
PATCHIN MESSNER VALUATION COUNSELORS
Agency
City of Inver Grove Heights, MN
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 8, 2026
Renewal Info
Update to prior appraisal (2017), no stated renewal; appraisal requested due to change in land designation. No ongoing or auto-renewal indicated.
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