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R.C. Chuoke & Associates, Inc. Appraisers & Consultants P.O. Box 1447 Office- 281-338-9633 League City, Texas 77574 Fax- 281-338-9533 October 4, 2021 City of La Porte P.O. Box 1115 La Porte, Texas 77572 Dear Sirs: In accordance with your request, I have inspected the following described property for the purpose of estimating the Market Value following described property as of the date of this analysis. As per our agreement, the data and analysis is presented in an abbreviated Restricted Appraisal format and is not intended to contain the full analysis. BRIEF LEGAL DESCRIPTION OF PROPERTY Known as +-16,00o square feet of land out of the North 18th Street ROW which is an unopened street right of way situated between West Madison Street and West Tyler Street, La Porte, Harris County, Texas. I hereby certify that I have personally inspected the property described from the public street and that all data gathered by my investigation is from sources believed reliable and true. In preparing this Restricted Appraisal, a study of comparable sales and other related market data was performed. Per instructions from the client this market value indication does not reflect any discounting for use as a public right of way. It should clearly be understood that this letter only constitutes only a statement of the final value and that does not presume to be the complete analysis of the subject property nor a complete appraisal format and is subject to the preparation of a detailed/self contained appraisal report. The subject property is a portion of unopened North 18th Street Right of Way is described by the survey as a total of +-0.3673 acres or 16,00o square feet of land area. This right of way to be abandoned is 40 feet X 400 feet. This right of way is located situated between West Madison Street and West Tyler Street in central eastern La Porte. The topography of the subject site is generally flat and level in terms of topography. It is not located in the too year flood plain. Adjacent property uses consist primarily of light industrial property uses. The adjacent and nearby properties on appear to be zoned for light industrial use by the City of La Porte.