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I IPARAGON <br />U( PARTNERS <br />LM <br />Page Three <br />August 16, 2016 <br />Although you have the right to obtain your own appraisal and are entitled to receive up <br />to $5,000 for your appraisal as described above, please note that OCTA is not obligated <br />to accept your appraiser's value of the Property Interests. OCTA, however, will review <br />your appraisal and if appropriate, confer with OCTA's independent appraiser regarding <br />the merits of your appraisal. <br />It is OCTA's hope that this offer is agreeable to you. If you wish to accept this offer, <br />please execute the enclosed Right of Way Contract, execute and notarize the enclosed <br />deed(s) and call Philip Bonina of Paragon at (714) 379-3376 so that delivery of the <br />documents can be arranged. If you have any questions, wish to discuss this matter <br />further or would like to meet in person at your convenience, please feel free to call me <br />at the number listed above. <br />L. Bonina <br />>n Partners Ltd. <br />cc: Joe Gallardo, Manager, Real Property (OCTA) <br />Enclosures: Acknowledgment of Receipt of Offer Package <br />Appraisal Summary Statement prepared by Integra Realty Resources <br />Los Angeles <br />Right of Way Contract <br />Grant Deed <br />Legal description and <br />Title VI Brochure <br />Acquisition Brochure <br />118510a.1 <br />plat for the fee interest <br />75E-10 <br />