Attachment “B”
Appraisals from 2003-04 ACE Applicant Pool
Page, Henry C. in the process of being revised
Bieker, Daniel $ 369,000 $ 84,000 (23%) $ 84,000
Hill, Samuel in the process of being revised
Shifflett, James $ 400,000 $ 61,000 (15%) $ 61,000
Total $ 145,000
1 Appraised FMV (Fair Market Value) - the fair market value of the entire property, before the easement, as determined by Hallmark Properties.
2 Easement Value - the fair market value of the easement as determined by Hallmark Properties.
3 Adjusted Value - the actual value the ACE Program would pay following adjustments based on the income grid.