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EXHIBIT A <br />R. P. LAURAIN <br />& ASSOCIATES <br />INCORPORATED <br />TRANSMITTED VIA E-MAIL <br />ROnoQsanta-ana.org <br />November 19, 2010 <br />City of Santa Ana <br />Parks, Recreation & Community Services Agency <br />26 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: Ron Ono <br />Administrative Services Manager <br />3353 LINDEN AVENUE. SUITE 200 <br />LONG BEACH, CALIFCRNIA 90807 <br />TELEPHONE (562) 426-0477 <br />FACSIMILE (562) 968-2927 <br />Subject: Land Exchange Appraisals <br />Portion of Centennial Park, and <br />Northeast corner of McFadden Street and Orange Avenue <br />Santa Ana, California <br />Receipt Is acknowledged of your recent invitation to submit a proposal for <br />professional real estate appraisal services regarding the above -referenced <br />properties. The objective of the appraisal study will be the market value of the <br />unencumbered fee simple interest. It is understood that the appraisal reports will <br />be utilized as part of a land exchange in accordance with the National Park Services <br />(NPS) requirements. <br />The property identified as a portion of Centennial Park contains 2.6 acres of iand <br />area, and is presently improved with various buildings and on -site improvements <br />constructed and utilized by the Santa Ana Collage. The appraisal study will set forth <br />the market value of the underlying land only, exclusive of the tenant building and an - <br />site improvements. It Is understood that the Centennial Park parcel will represent <br />the .'converted" parcel, to be taken out of park use. <br />The property located at the northeast corner of McFadden Street and Orange <br />Avenue Is a vacant land parcel containing approximately 1.4 acres of land area. <br />The site is currently vested with the City of Santa Ana and it is understood that the <br />property represents the proposed "replacement" parcel, to be put into park use. <br />APPRAISERS - ANALYSTS <br />8 <br />