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Orange County Transportation Authority <br />Capital Programs Division <br />Just Compensation Approval <br />Based upon (1) the fee Appraisal dated August 29, 2016 prepared by Integra Realty Resources —Los Angeles; (2) Review <br />Appraisal dated September 7, 2016 prepared by R.P. Laurain & Associates and (3) OCTA staff recommendation, the amount <br />of just compensation for the purchase of OCTA Parcel No. OCS-002 & 003 1 Assessor Parcel No. 007-100-04 & 05, <br />excluding Improvements Pertaining to Realty is set at $2,239,000.00 (Two Million Two Hundred Thirty -Nine Thousand <br />Dollars and Zero Cents). <br />This amount is based on the fee value of the Property in the amount of Two Million Nine Hundred Twenty -Three Thousand <br />Six Hundred Seventy -Four Dollars and Zero Cents ($2,923,674.00) less environmental mitigation costs of Six Hundred <br />Eighty -Four Thousand Two Hundred Sixty -Eight Dollars and Zero Cents ($684,268.00) for a rounded fair market value of <br />Two Million Two Hundred Thirty -Nine Thousand Dollars and Zero Cents ($2,239,000:00). <br />Orange County Transportation Authority <br />Date: 14 — /e� <br />By: '? X40- <br />----- ---- <br />Joe Gallas <br />Manag e'at Property <br />1197833.1 <br />75D-8 <br />