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• . <br />ACCREDITED <br />a ~: <br />• FAgM AND LAND <br />INSTITUTE <br />OTIS GRAHAM, AFLM <br />• <br />December 8, 1979 <br />GRAHAM CONSULTANTS <br />ONE ALLEN CENTER, SUITE 1000 <br />HOUSTON, TEXAS 77002 <br />OFFICE (713) 759-0965; NIGHT (713) 422-2327 <br />City of LaPorte <br />LaPorte, Texas 77571 <br />Gentlemen: <br />FLI <br />FAgM AND LAND <br />INSTITUTE <br />s®~ <br />DOROTHY GRAHAM, GRI <br />As you requested, I have appraised a strip of land 400' X 16', <br />being the alley in Block No. 1102,~(ity of LaPorte, Harris <br />County, Texas, as shown on attached plat for the purpose of <br />estimating the Fair Market Value. <br />In my opinion the highest and best use of property appraised <br />is commerical. <br />It is my opinion that the property appraised had a Fair Market <br />Value as of December 8, 1979 of: <br />6,400 s/f @ $1.65 s/f = <br />75q of Fee Value = <br />Certification: <br />$10,560.00 Fee Value <br />$7,920.00 Easement Value <br />I hereby certify that I have personally examined the <br />property appraised; that the statements contained in <br />this appraisal and upon which the opinions expressed <br />herein are based are true and correct to the best of <br />my knowledge and belief, subject to the limiting con- <br />ditions herein set forth; that to the best of my know- <br />ledge and belief no pertinent information has been <br />overlooked or withheld; and that I have no interest <br />either present or contemp;ated in the property appraised <br />or in the proceeds to be derived therefrom. <br />The attached Plat, Appraiser's qualifications and Contingent <br />& Limiting Conditions are made a part hereof. <br />Respectfully submitted, <br />~.; <br />Otis Graham, AFLM <br />Appraiser <br /> <br />