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<br /> <br />e <br /> <br />e <br /> <br />---.- <br /> <br />po---- <br /> <br />E. 1. TARIN & COMPANY <br /> <br />REAL ESTATE APPRAISERS . CONSULTANTS <br /> <br />613 - 7TH AVENUE NORTH (P. O. DRAWER 1690) TEXAS CITY. TEXAS 77592 - 1690 <br /> <br />TEL, (4091 945 - 3384 . (713) 332 - 1511 . 332 - 1744 . 486 - 5566 <br /> <br />June 6, 1984 <br /> <br />Tom Hardy <br />2506 Esther <br />Pasadena, Texas 77052 <br /> <br />Re: ARe a I Est ate A p P r a I s a Ion the c 10 sin g 0 f a <br />portion of 12th Street (60' x 400'>, Town of La <br />Porte, Harris County, Texas. <br /> <br />Dear Mr. Hardy: <br /> <br />As you requested, we have made an appraisal report on the <br />above referenced property. <br /> <br />The value sought here Is Market Value, which may be defined <br />as: <br /> <br />"The most probable price In cash, terms equivalent <br />to cash, or In other pre.'fsely revealed terms, for <br />which the appraised property wi I I sel I In a <br />competitive market under al I conditions requisite <br />to fair sale, with the buyer and seller each <br />actIng prudently, knowledgeably, and for self- <br />Interest, and assuming that neither Is under undue <br />duress. " <br /> <br />It Is our opInion that the subject property has an estimated <br />market value, as of May 18, 1984, of: <br /> <br />NINE THOUSAND DOLLARS <br />($9,000) <br /> <br />);;' <br />'11.",. \ J ',. <br />,'-' ,7 <br />I .. .' . '\ <br />...'.. \ <br />\. "'''"''''., / <br />e' ' <br /> <br />ff/O <br /> <br />E, I. TARIN, M,A,I. <br />