Attachment A

 

 

Summary of ACE Appraisals & Acquisition Costs for FY 2005-6 (Round 6)

 

 

Applicant                      Appraised FMV           Easement Value (% FMV)        ACE Payment (% EV)

Huckleberry Hills          $1,858,000.00             $    376,500.00 (20%)             $   263,550.00 (70%)                                     

Fields                           $1,206,000.00             $    275,000.00 (23%)             $   275,000.00 (100%)

 

Hook                           $1,033,000.00             $    225,000.00 (22%)             $       9,000.00 (4%)

           

Chester                        $1,414,500.00             $    352,000.00 (25%)             $   309,760.00 (88%)

                       

Motley                         $   732,000.00             $    100,000.00 (14%)             $   100,000.00 (100%)

Totals                                                               $ 1,328,500.00                        $   957,310.00

 

 

 

Notes: 

1)      The “appraised fair market value” (FMV) is the total appraised value of all land being offered for easement acquisition.  This value does not include buildings.

2)      The “easement value” is the total appraised value of the easement for all land being offered for acquisition.  It is difference between the “before and after” values of easement acquisition.  The number in parenthesis (% FMV) shows the percent of total fair market value represented by the easement.

3)      The “ACE payment” is what the ACE program must pay to acquire the easement after adjustments are made from the income grid.  The number in parenthesis (% EV) shows the percent of total easement value paid to acquire the easement.

 

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