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Appraisal Summary Statement <br />OC Streetcar Project — SA Recycling Center <br />1922 & 2002 West 5th Street <br />Santa Ana, Orange County, California 92703 <br />Summary of Salient Facts and Conclusions <br />Property Name <br />OC Streetcar Project- SA Recycl i ng Center <br />Address <br />1922 & 2002 West5th Street <br />Renta hl a Area <br />Santa Ana, Orange County, California 92703 <br />PropertyType <br />Industrial - Recycling and Metal Processing Facility <br />Owner of Record <br />Valdivia Family Trust/Rudy Valdivia (Trustee) <br />Tax ID <br />007-100-04 and 007-100-05 <br />Land Area <br />1.90 acres; 82,565 SF <br />Gross Bui I dl ng Area <br />10,454 5F <br />Renta hl a Area <br />10,454 SF <br />Percent Leased <br />100% <br />Year Built; Yea r Renovated <br />1942;1948,1958,2008 <br />Zoning Designation <br />M-1, Ughtlndustrial <br />Highestand Best Use -As if Vacant <br />Industrial use <br />Highestand Best Use -As Improved <br />Continued industrial use <br />Exposure Time; Marketing Period <br />6-12 months; 6-12 months <br />Effective Date of the Appraisal <br />August 29, 2016 <br />Date of the Report September 6, 2016 <br />Property I nterest Ap prat sed Fee Simpl e <br />The values reported above are subject to the definitions, assumptions, and limiting conditions set forth In the accompanying report ofwhich this <br />summaryis a part. No partyother than Orange CountyTra nsportation Authority may use or rely an the information, opinions, a nd conclusions <br />contained in the report. Itis assumed thatthe users of the report have read the entire report, Including all ofthe definitions, assumptions, and <br />Ilmiting conditions contained therein. <br />Value Conclusion <br />Appraisal Premise Interest Appraised Date of Value Value Conclusion <br />Fair Market Value larger Parcel Fee Simple Interest August 29, 2016 $2,239,000 <br />75D-16 <br />