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R.C. Chuoke & Associates, Inc. <br />Appraisers & Consultants <br />P.O. Box 1447 <br />League City, Texas 77574 <br />October 21, 2015 <br />City of La Porte <br />P.O. Box 1115 <br />LaPorte, Texas 77572 <br />Office- 281-338-9633 <br />Fax- 281-338-9533 <br />RE: Restricted Appraisal regarding the estimated Market Value of a portion <br />of the North 8th Street road right of way between North J Street and <br />North L Street, City of La Porte, Harris County, Texas. <br />Dear Sirs: <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 narrative analysis. <br />BRIEF LEGAL DESCRIPTION OF PROPERTY <br />Known as a portion of a portion of the North 8th Street road right of way <br />between North J Street and North L Street, City of La Porte, Harris County, <br />Texas. (See site plan in 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. <br />It should clearly be understood that this letter only constitutes only a <br />statement of the final value and that does not presume to be the complete <br />analysis of the subject property nor a complete appraisal format and is subject <br />to the preparation of a detailed appraisal report. <br />