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City of Santa And-- <br />-Attention: <br />na_-Attention: Jason Gabriel <br />Principal Civil Engineer <br />October 13, 2017 <br />Page 3 <br />After considering the various factors which influence value, the market value of the <br />subject property, as of October 9, 2017, is as follows: <br />ONE MILLION SIXTY-FIVE THOUSAND DOLLARS \ <br />$1,065,000. <br />This appraisal complies with the reporting requirements set forth in the Uniform <br />Standards of Professional Appraisal Practice, under Standard Rule 2-2(a). This <br />report contains a moderate level of detail with respect to the market data, <br />appraisal methodology, and reasoning supporting the analysis, opinions, and <br />conclusions. It contains sufficient information for the purpose, intent, client and <br />users for which it is written. <br />This appraisal report is submitted in triplicate; we have retained a file copy. Please <br />do not hesitate to contact the undersigned in the event you require additional <br />information from our file. <br />Very truly yours, <br />ASSOCIA <br />Seatl-A. Lidgard,(MAI, CCIM <br />Certified General Real Estate Appraiser <br />California Certification No, AG 004014 <br />Renewal Date: March 13, 2018 <br />SAL:sp <br />i <br />LIDGAB.D AND ASSOCIATESEstate Appraisal ¢(id Consultation <br />INCORPORATED 2O D` 1gy <br />