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EXHIBIT "C" <br />Fair Market Value of the Subject Property <br />Land and structures $2,665,825 <br />(as per attached appraisal summary statement) <br />', Fixtures and Equipment pertaining to realty <br />(as per attached inventory) $16,175.00 <br />2 Total just compensation $2,682,000 <br />' 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compensation can be withdrawn from Escrow.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 <br />escrow, or otherwise hold 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 />