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EXHIBIT "C" <br />Fair Market Value of the Subject Property <br />Land and structures $1,077,000.00 <br />(as per attached appraisal summary statement) <br />Fixtures and Equipment pertaining to realty <br />(as per attached inventory) {. $ 31,700.00 <br />I Total just compensation $1,108,700.00 <br />1. The City has not made a determination as to the ownership of the Fixtures and Equipment (F&E). Landlord and <br />tenant will need to come to an agreement as to the ownership of these items, before compensation can be <br />withdrawn from Escrow. Please see the attached Full Acquisition Offset Statement as to how the F&E compensatio <br />is to be distributed In the event that Landlord and Tenant are not able to agree as to the division of F&E <br />compensation Escrow is instructed to withhold these funds from payment to Landlord ("Seller"} until said agreemer <br />�s been deposited with ro <br />escw or otherwise hold said funds on deposit. <br />z. The total just compensation offered assumes that the property is free of any environmental contaminates or other <br />conditions which may impact fair market value. <br />