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EXHIBIT "C" <br />Fair Market Value of the Subject Property <br />Land and structures $641,730.00 <br />(as per attached appraisal summary statement) <br />1. Fixtures and Equipment pertaining to realty <br />(as per attached inventory) 98 270.00 <br />2, Total just compensation $740,000.00 <br />1 The City has not made a determination as to the ownership of the Fixtures and Equipment (F &E). <br />Landlord and tenant will need to come to an agreement as to the ownership of these items, before <br />compensation can be withdrawn from Escrow. Please see the attached Full Acquisition Offset Statement <br />said funds on deposit. <br />2. The total just compensation offered assumes that the property is free of any environmental <br />contaminates or other conditions which may impact fair market value. <br />25K -46 <br />