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4AM111111 <br />Fair Market Value of the Subject Property <br />Land and structures $1,125,000.00 <br />(as per attached appraisal summary statement) <br />1. Fixtures and equipment pertaining to realty + $ 82 425.00 <br />(as per attached inventory — see Attachment 7) <br />2. Total just compensation <br />$9,207,425.00 <br />i. The City has not made a determination as to the ownership of the Fixtures and Equipment. <br />Landlord and tenant will need to come to an agreement as to the ownership of these items, <br />before compensation can be withdrawn from Escrow. <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 />75M-8 <br />