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December 10, 2020 <br />City of La Porte <br />P.O. Box 1115 <br />La Porte, Texas 77572 <br />RE: Restricted Appraisal regarding the estimated Market Value of portions <br />of North J Street and 16 foot alleyway both unopened right of ways <br />st <br /> Street, La Porte, Harris <br />situated between North Broadway and North 1 <br />County, Texas. <br /> <br />Dear Sirs: <br /> <br />In accordance with your request, I have inspected the following described <br />property for the purpose of estimating the Market Value following described <br />property as of the date of this Restricted Appraisal. As per our agreement, the <br />data and analysis is presented in an abbreviated Restricted Appraisal format <br />and is not intended to contain the full analysis. <br /> <br /> BRIEF LEGAL DESCRIPTION OF PROPERTY <br />Known as +-0.4885 acres of land out of a portion of North ÑJÒ Street right of <br />way and +-0.1469 acres of land which is a 16Ô alleyway out of Block 375, t, both <br />st <br />being unopened right of ways between North Broadway and North 1 Street <br />located in the City of La Porte, Harris County, Texas. (See attached surveys <br />located in the addenda). <br />I hereby certify that I have personally inspected the property described via a <br />street inspection and that all data gathered by my investigation is from <br />sources believed reliable and true. In preparing this Restricted Appraisal, a <br />study of comparable sales and other related market data was performed. Per <br />instructions from the client the market value indicated reflects the unit value <br />of the subject property before any discounting for use as a public right of way <br />application. This market value indication does not reflect any discounting for <br />use as a public right of way. <br /> <br />