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CLIENT, INTENDED USE AND USERS, AND PURPOSE OF THE APPRAISAL <br /> Client: The client for this assignment is City of Ramsey. <br /> Purpose of the The purpose of this appraisal is to estimate the 'as-is', 'as-completed' <br /> Appraisal: and 'as-stabilized' market values of the subject property, in the Fee <br /> Simple interest, as of the effective dates of the appraisal. <br /> Intended Use: The intended use of the appraisal is to assist the Client in making a <br /> decision for assistance in determining a purchase price. <br /> Intended User: City of Ramsey, the State of MN, the MN Department of <br /> Transportation, the Metropolitan Council, and the current property <br /> owners (Series Sunfish of Athans Holdings, Inc.) are the intended <br /> users of this appraisal;the report was prepared for their exclusive use <br /> and is not intended for use by any other party. <br /> PROPERTY TOUR AND DATES OF VALUATIO <br /> Effective Date of December 2, 2016— "As-Is" <br /> Valuation: March 1, 2017 "As-Comple <br /> June 1, 2017 "As-Stabilized" <br /> Date of Tour: December 2, 2016 <br /> ir <br /> Property Toured By: ony Lesicka, MAI <br /> Tour Type: Exterio <br /> 23 <br />