03-27-17 Meeting of the La Porte Development Corporation Board

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APPRAISER’S CERTIFICATION We certify that, to the best of our knowledge and belief: That the statements of fact contained in this report are true and correct. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are our personal, impartial, and unbiased professional analyses, opinions, and conclusions. We have no present or prospective interest in the property that is the subject of this report, and we have no personal interest with respect to the parties involved. We have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. Our engagement in this assignment was not contingent upon developing or reporting predetermined results. Our compensation for completing this assignment was not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result or the occurrence of a subsequent event directly related to the intended use of this appraisal. The reported analyses, opinions and conclusions were developed and this report has been prepared, in conformity with the requirements of Uniform Standards of Professional Practice ("USPAP"). No other persons provided significant real property appraisal assistance to the persons signing this certification. Chris Chuoke has made a personal inspection of the property that is the subject of this report. We have not previously appraised the subject property in the prior 36 months from the date of this appraisal report. Chris Chuoke, President STATE CERTIFIED GENERAL REAL ESTATE APPRAISER, TX-1321347-G 10