Agenda - Parks and Recreation Commission - 01/14/2021

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Appraiser Disclosure Statement File No. 15JUL1OD Borrower n/a Property Address 7925 161 st Ave NW City Ramsey County Anoka State MN Zip Code 55303 Lender/Client City of Ramsey • Appraiser Disclosure Statement: 1. The scope of this appraisal is to develop an opinion of value of the lot only of a previously improved site, described in the body of this report. The intended user of this appraisal is The City of Ramsey, 7550 Sunwood Dr NW, Ramsey, MN 55303. 1 have not been previously engaged in professional services for the property which is the subject of this report in the last three years. I have experience in appraising in this market area. 1 am aware of, and have access to, the necessary and appropriate public and private data sources for the area in which the property is located. 2. The intended use or function of the appraisal prepared is to provide an opinion of market value on the real property, the subject of the appraisal. This appraisal has been prepared for the exclusive benefit of my client. It may not be used or relied upon by any other party. Any party who uses or relies upon information in this report does so at his or her own risk. Any information contained herein will only be released with specific authorization from my client. Additional copies of this report can only be executed with authorization from my client. 3. The value estimate is based upon the assumption that the subject property described in the appraisal is not negatively affected by the existence of hazardous substances or detrimental environmental conditions. The appraiser is not an expert in the identification of hazardous substances or detrimental environmental conditions. The appraisers routine inspection of the subject property did not develop any significant conclusions regarding hazardous substances or detrimental environmental conditions which would affect the property negatively unless otherwise stated in this report. 4. The signature(s) included with this report are digitally generated and should be considered legally binding and have the same force and effect as original ink signatures. All residential reports from Certified Appraisal Service. Inc are originals from printers or computer files which are locked when signed so they cannot be tampered with. Digital signatures are applied to make it possible to transmit an entire report electronically. No other person can alter the appraisal with the exception of the original signing appraiser. 5. An appraisal is different than a home inspection. An appraisal is required to estimate market value. It is the buyers responsibility to be informed. 6. Statistical reporting is based on information from the Regional Multiple Listing Service of Minnesota, county on-line data, drive -by observations and in some instances direct contact with listing agents. The Appraiser relied on the information from these reliable sources and if found to be incorrect, may affect your market value. 7. If I relied on significant professional assistance from any individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report, therefore, if an unauthorized change is made to the appraisal report, I will take no responsibility for it. 8. The appraisal was prepared in accordance with the requirements of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended (12 U.S.0 331 et seq.) and any implementing regulations. Form TADD -"TOTAL" appraisal software by a la mode, inc.- 1-800-ALAMODE