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<br />D. A. ARh1STHONG, /,H'2fd':;~:;'.
<br />D. A. AfiMS1 HONG. IT A..AR/WA
<br />M, R. ARMSTRONG_ A:::'SOCIATE
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<br />801 BUSH STREFT
<br />
<br />SANTA ANA. CAL IFORNIA 92701
<br />(714) 543-9822.
<br />
<br />August 17, 1970
<br />
<br />Re: Our # 70132
<br />Your Proposed Park Site
<br />Edna Drive & S.A. River
<br />Santa Ana, California
<br />
<br />City of Santa Ana
<br />217 North Milin Street
<br />Santa Ana, California 92701
<br />
<br />Attention: Mr. G. David 'rayco, Assistant to City Manager
<br />
<br />Gentlemen:
<br />
<br />Pursuant to your authorization I have made an Appraisal of the properties
<br />located on south side of Edna Drive adjacent to west of the Sunta Ana River. Acceptable
<br />Legal Description to be provided by the City of Santa Ana.
<br />
<br />Purpose of this Appraisal VIas for an opinion of the Market Value of properties
<br />under appraisement on September 1, 1969, the. Date of Value. Market Vulue and other
<br />related terminology is defined on Puge 7, as well as Purpose of Appraisul and Property
<br />Rights Appraised.
<br />
<br />Subject Properties and Comparable Murket Data were personally inspected. The
<br />Appraisal has been made in conformity with the Rules of Professional l;thics of the
<br />American Institute of Real Estate Appraisers, Society of Real I:-state Appraisers, and the
<br />National Association of Independent Fee Appraisers.
<br />
<br />Based upon my investigation, analysis and experience as a Real Estate
<br />Appraiser, I have formed an opinion of the Market Value of Properties u;1der Appraisement
<br />as of September 1. 1969, which Values are set forth on the fallowing page.
<br />
<br />Tilank you for the opportunity of serving you.
<br />
<br />Respectfully submitted,
<br />
<br />DAA:mr
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<br />. I L,lt II
<br />D. A. mstr ng~.F.A.,
<br />Real Estate APprrer
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<br />AR/WA
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