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20D - AA VACANT LAND PURCHASE
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01/16/2018
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20D - AA VACANT LAND PURCHASE
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Last modified
1/11/2018 6:05:27 PM
Creation date
1/11/2018 6:01:27 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
20D
Date
1/16/2018
Destruction Year
2023
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ASSUMPTIONS AND LIMITING CONDITIONS (Continued) <br />5. That the appraiser assumes there are no hidden or unap- <br />parent conditions of the subject property, subsoil, struc- <br />tures, or other improvements, if any, which would render <br />them more or less valuable. Further, the appraiser as- <br />sumes no responsibility for such conditions or for the engi- <br />neering which might be required to discover such condi- <br />tions, That mechanical and electrical ;systems and equip- <br />ment, if any, except as otherwise may be noted in this re- <br />port, are assumed to be in good working order. The prop- <br />erty appraised is assumed to meet all governmental codes, <br />requirements, and restrictions, unless otherwise stated. <br />6. That no soils report; topographical mapping, or survey of <br />the subject property was provided to the appraiser; there- <br />fore information, if any, provided by other qualified sources <br />pertaining to these matters is believed accurate, but no lia- <br />bility is assumed for such matters. Further, information, es- <br />timates and opinions furnished by others and contained in <br />this report pertaining to the subject property and market da- <br />ta were obtained from sources considered reliable and are <br />believed to be true and correct. No responsibility, however, <br />for the accuracy of such items can be assumed by the ap- <br />praiser. <br />7. That unless otherwise stated herein, it is assumed there are <br />no encroachments, easements, soil toxics/contaminants, or <br />other physical conditions adversely affecting the value of the <br />subject property, <br />& That no opinion is expressed regarding matters which are <br />legal in nature or other matters which would require special- <br />ized investigation or knowledge ordinarily not employed by <br />real estate appraisers, even though such matters may be <br />mentioned in the report. <br />9. That no oil rights have been included in the opinion of value <br />expressed herein. Further; that oil rights, if existing, are as- <br />sumed to be at least 500 feet below the surface of the land, <br />without the right of surface entry. <br />LIDGARD AND ASSOCIATES <br />AP PR AFS HRS -CON SU DrANTS <br />20D-23 <br />
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