Agenda 07/08/2014 Item #16A217/8/2014 16.A.21.
EXECUTIVE SUMMARY
Recommendation to approve an easement agreement for the purchase of a road right -of -way,
drainage and utility easement (Parcel 258RDUE) required for the expansion of Golden Gate
Boulevard from east of Wilson Boulevard to 20th Street East. (Project No. 60040.) Estimated
Fiscal Impact: $2,527.
OBJECTIVE: To purchase an easement needed for the four - laning of Golden Gate Boulevard from east
of Wilson Boulevard to 20"' Street East (the Project).
CONSIDERATIONS: Collier County is seeking to purchase Parcel 258RDUE, a 48 foot wide
perpetual, non - exclusive road right -of -way, drainage and utility easement, needed for construction of the
Project. The easement is 7,402 square feet in extent and is situated along the road frontage of a parent
tract owned by Wanda Pauline Ridenour. The unimproved parent tract is located in the southwest
quadrant of the intersection of Golden Gate Boulevard and 18"' Street Southeast. The appraised value of
the easement is $1,900.00. Please refer in this regard to the attached appraisal report summary, dated
March 20, 2014, prepared by T.A. Tippett, Inc. The attached easement agreement reflects a negotiated
full compensation amount of $2,500.00, which is the minimum amount the owner is willing to accept for
this parcel. If the parcel is not acquired by negotiation, it will have to be condemned and the County will
be liable for payment of the owner's attorney's, appraiser's and other experts' fees and costs, which will
far exceed the $600.00 difference between the appraised value and the negotiated compensation amount.
Staff accordingly recommends that the Board of County Commissioners (the Board) approve the
agreement.
FISCAL IMPACT: Funds in the amount of $2,527.00, being the purchase price of $2,500.00 and
recording fees of $27.00, will be paid from gas taxes and /or road impact fees. The acquisition of this
right -of -way will not add any cost to the annual operating and maintenance budget as the easement area
will not be maintained before the Project is constructed. Operating and maintenance costs will be
considered when the construction contract is brought before the Board for approval.
LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a
majority vote for Board approval. - ERP
GROWTH MANAGEMENT IMPACT: This recommendation is consistent with the Long Range
Transportation Plan and the Collier County Growth Management Plan.
RECOMMENDATION: That the Board of County Commissioners of Collier County:
I. Approve the attached easement agreement and authorize its Chairman to execute same on behalf of
the Board;
2. Accept the conveyance of Parcel No. 258RDUE and authorize the County Manager, or his designee,
to record the conveyance instrument in the public records of Collier County, Florida;
3. Authorize the payment of all costs and expenses necessary to close the transaction;
4. Authorize the County Manager or his designee to take the necessary measures to ensure the County's
performance in accordance with the terms and conditions of the agreement; and
5. Approve any and all budget amendments which may be required to carry out the collective will of the
Board.
Prepared by: Robert Bosch, Right -of -Way Coordinator, Transportation Engineering.
Attachments: (1) Easement Agreement with Exhibit A; (2) Location Map; and (3) Appraisal Report
Summary dated March 20, 2014.
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7/8/2014 16.A.21.
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.16.A.16.A.21.
Item Summary: Recommendation to approve an easement agreement for the purchase
of a road right -of -way, drainage and utility easement (Parcel 258RDUE) required for the
expansion of Golden Gate Boulevard from east of Wilson Boulevard to 20th Street East.
(Project No. 60040.) Estimated Fiscal Impact: $2,527.
Meeting Date: 7/8/2014
Prepared By
Name: BoschRobert
Title: Right Of Way Coordinator, Transportation Engineering & Construction Management
6/12/2014 1:05:56 PM
Approved By
Name: VorthennsJonathan
Title: Field Supervisor, Senior, Road Maintenance
Date: 6/12/2014 3:31:10 PM
Name: PutaansuuGary
Title: Project Manager, Principal, Transportation Engineering & Construction Management
Date: 6/12/2014 3:38:18 PM
Name: TaylorLisa
Title: Management/Budget Analyst, Transportation Administration
Date: 6/13/2014 8:11:44 AM
Name: LynchDiane
Title: Supervisor - Operations, Road Maintenance
Date: 6/13/2014 4:48:37 PM
Name: AhmadJay
Title: Director - Transportation Engineering, Transportation Engineering & Construction Management
Date: 6/16/2014 10:54:30 AM
Name: ShueGene
Title: Director - Operations Support, Transportation Administration
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7/8/2014 16.A.21.
Date: 6/16/2014 3:44:31 PM
Name: DelateJoseph
Title: Project Manager, Senior, Transportation Engineering & Construction Management
Date: 6/17/2014 8:49:16 AM
Name: HendricksKevin
Title: Manager - Right of Way, Transportation Engineering & Construction Management
Date: 6/18/2014 11:23:09 AM
Name: ShueGene
Title: Director - Operations Support, Transportation Administration
Date: 6/19/2014 1:59:38 PM
Name: MarcellaJeanne
Title: Executive Secretary, Transportation Planning
Date: 6/23/2014 10:23:21 AM
Name: PepinEmily
Title: Assistant County Attorney, CAO Litigation
Date: 6/25/2014 2:11:49 PM
Name: FinnEd
Title: Management/Budget Analyst, Senior, Transportation Engineering & Construction Management
Date: 6/25/2014 4:24:03 PM
Name: KlatzkowJeff
Title: County Attorney,
Date: 6/26/2014 4:57:02 PM
Name: IsacksonMark
Title: Director -Corp Financial and Mngmt Svs, Office of Management & Budget
Date: 6/27/2014 12:02:56 PM
Name: OchsLeo
Title: County Manager, County Managers Office
Date: 6/30/2014 8:50:50 PM
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PROJECT: 60040
PARCEL No: 258RDUE
FOLIO No: 39382560006
EASEMENT AGREEMENT
7/8/2014 16.A.21.
THIS EASEMENT AGREEMENT (hereinafter referred to as the "Agreement ") is
made and entered into on this day of , 2014, by and between
WANDA PAULINE RIDENOUR, whose mailing address is 3614 Buck Run Road,
Flemington, WV 26347 -6318 (hereinafter referred to as "Owner"), and COLLIER
COUNTY, a political subdivision of the State of Florida, whose mailing address is 3299
Tamiami Trail East, c/o the Office of the County Attorney, Suite 800, Naples, Florida 34112
(hereinafter referred to as "County ").
WHEREAS, County requires a perpetual, non - exclusive road right -of -way, drainage
and utility easement over, under, upon and across the lands described in Exhibit "A ", which
is attached hereto and made a part of this Agreement (hereinafter referred to as the
"Easement "); and
WHEREAS, Owner desires to convey the Easement to County for the stated
purposes, on the terms and conditions set forth herein; and
WHEREAS, County has agreed to compensate Owner for conveyance of the
Easement.
NOW THEREFORE, in consideration of these premises, and other good and
valuable consideration, the receipt and sufficiency of which is hereby mutually
acknowledged, it is agreed by and between the parties as follows:
All of the above RECITALS are true and correct and are hereby expressly
incorporated herein by reference as if set forth fully below, and all Exhibits referenced
herein are made a part of this Agreement.
2. Owner shall convey the Easement to County for the sum of:
$2,500.00
subject to the apportionment and distribution of proceeds pursuant to Paragraph 9 of
this Agreement (said transaction hereinafter referred to as the "Closing "). Said
payment to Owner, payable by County Warrant or funds wire transfer, shall be full
compensation for the Easement conveyed, including (if applicable) all landscaping,
trees, shrubs, improvements, and fixtures located thereon, and shall be in full and
final settlement of any damages resulting to Owner's remaining lands, costs to cure,
including but not limited to the cost to relocate the existing irrigation system and other
improvements (if any), and the cost to cut and cap irrigation lines (if any) extending
into the Easement, and to remove all sprinkler valves and related electrical wiring (if
any), and all other damages in connection with conveyance of said Easement to
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Page 2
County, including all attorneys' fees, expert witness fees and costs as provided for in
Chapter 73, Florida Statutes.
3. Owner shall obtain from the holders of any liens, exceptions and /or qualifications
encumbering the Easement, the execution of such instruments which will remove,
release or subordinate such encumbrances from the Easement upon their recording in
the public records of Collier County, Florida. Prior to Closing and as soon after the
execution of this Agreement as is possible, Owner shall provide County with a copy of
any existing title insurance policy and the following documents and instruments
properly executed, witnessed, and notarized where required, in a form acceptable to
County (hereinafter referred to as "Closing Documents "):
(a) Perpetual, Non - Exclusive Road Right -of -Way, Drainage and Utility
Easement;
(b) Instruments required to remove, release or subordinate any and all liens,
exceptions and /or qualifications affecting County's enjoyment of the
Easement;
(c) Closing Statement;
(d) Grantor's Non - Foreign, Taxpayer Identification and "Gap" Affidavit;
(e) W -9 Form; and
(f) Such evidence of authority and capacity of Owner and its representatives to
execute and deliver this agreement and all other documents required to
consummate this transaction, as reasonably determined by County,
County's counsel and /or title company.
4. Both Owner and County agree that time is of the essence. Therefore, Closing shall
occur within ninety (90) days of the date of execution of this Agreement or within thirty
(30) days of County's receipt of all Closing Documents, whichever is the later. This
agreement shall remain in full force and effect until Closing shall occur, until and
unless it is terminated for other cause. At Closing, payment shall be made to Owner
in that amount shown on the Closing Statement as "Net Cash to the Seller."
5. Owner agrees to relocate any existing irrigation system located on the Easement
including irrigation lines, electrical wiring and sprinkler valves, etc. (if any), prior to the
construction of the project without any further notification from County. Owner
assumes full responsibility for the relocation of the irrigation system (if any) on the
remainder property and its performance after relocation. Owner holds County
harmless for any and all possible damage to the irrigation system in the event owner
fails to relocate the irrigation system prior to construction of the project.
If Owner elects to retain improvements and /or landscaping ( "Improvements ") located
on the Easement (if any), Owner is responsible for their retrieval prior to the
construction of the project without any further notification from County. Owner
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rage 3
acknowledges that County has compensated Owner for the value of all
improvements located within the Easement area, and yet County is willing to permit
Owner to salvage said improvements as long as their retrieval is performed before
construction and without interruption or inconvenience to the County's contractor. All
improvements not removed from the Easement prior to commencement of
construction of the project shall be deemed abandoned by Owner.
This provision shall survive Closing and is not deemed satisfied by conveyance of
title.
6. Owner and County agree to do all things which may be required to give effect to this
Agreement immediately as such requirement is made known to them or they are
requested to do so, whichever is the earlier.
7. Owner agrees, represents and warrants the following:
(a) Owner has full right, power and authority to own and operate the property
underlying the Easement, to enter into and to execute this Agreement, to
execute, deliver and perform its obligations under this Agreement and the
instruments executed in connection herewith, to undertake all actions and to
perform all tasks required of Owner hereunder and to consummate the
transaction contemplated hereby.
(b) County's acceptance of the Easement shall not be deemed to be full
performance and discharge of every agreement and obligation on the part of
Owner to be performed pursuant to the provisions of this Agreement.
(c) No party or person other than County has any right or option to acquire the
Easement or any portion thereof.
(d) Until the date fixed for Closing, so long as this Agreement remains in force
and effect, Owner shall not encumber or convey any portion of the property
underlying the Easement or any rights therein, nor enter into any agreements
granting any person or entity any rights with respect to the Easement, without
first obtaining the written consent of County to such conveyance,
encumbrance, or agreement, which consent may be withheld by County for
any reason whatsoever.
(e) There are no maintenance, construction, advertising, management, leasing,
employment, service or other contracts affecting the Easement.
(f) Owner has no knowledge that there are
administrative or other proceedings or
requirements, formal or informal, existin g
affect the Easement or which adversely
hereunder; nor is there any other charge
Easement which has not been disclosed
effective date of this Agreement.
any suits, actions or arbitration,
governmental investigations or
or pending or threatened which
affect Owner's ability to perform
or expense upon or related to the
to County in writing prior to the
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7/8/2014 16.A.21.
Page 4
(g) County is entering into this Agreement based upon Owner's representations
stated in this Agreement and on the understanding that Owner will not cause
the physical condition of the property underlying the Easement to change
from its existing state on the effective date of this Agreement up to and
including the date of Closing. Therefore, Owner agrees not to enter into any
contracts or agreements pertaining to or affecting the property underlying the
Easement and not to do any act or omit to perform any act which would
adversely affect the physical condition of the property underlying the
Easement or its intended use by County.
(h) The property underlying the Easement, and all uses of the said property,
have been and presently are in compliance with all Federal, State and Local
environmental laws; that no hazardous substances have been generated,
stored, treated or transferred on the property underlying the Easement
except as specifically disclosed to the County; that the Owner has no
knowledge of any spill or environmental law violation on the property
contiguous to or in the vicinity of the Easement to be sold to the County, that
the Owner has not received notice and otherwise has no knowledge of: a)
any spill on the property underlying the Easement; b) any existing or
threatened environmental lien against the property underlying the Easement;
or c) any lawsuit, proceeding or investigation regarding the generation,
storage, treatment, spill or transfer of hazardous substances on the property
underlying the Easement. This provision shall survive Closing and is not
deemed satisfied by conveyance of title.
8. Owner shall indemnify, defend, save and hold harmless the County against and from,
and reimburse the County with respect to, any and all damages, claims, liabilities,
laws, costs and expenses (including without limitation reasonable paralegal and
attorney fees and expenses whether in court, out of court, in bankruptcy or
administrative proceedings or on appeal), penalties or fines incurred by or asserted
against the County by reason or arising out of the breach of any of Owner's
representations under paragraph 7(h). This provision shall survive Closing and is not
deemed satisfied by conveyance of title.
9. County shall pay all fees to record any curative instruments required to clear title, and
all Easement instrument recording fees. In addition, County may elect to pay
reasonable processing fees required by lien- holders and /or easement - holders in
connection with the execution and delivery of a Release or Subordination of any
mortgage, lien or other encumbrance recorded against the property underlying the
Easement; provided, however, that any apportionment and distribution of the full
compensation amount in Paragraph 2 which may be required by any mortgagee, lien -
holder or other encumbrance - holder for the protection of its security interest, or as
consideration due to any diminution in the value of its property right, shall be the
responsibility of the Owner, and shall be deducted on the Closing Statement from the
compensation payable to the Owner per Paragraph 2. County shall have sole
discretion as to what constitutes "reasonable processing fees."
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7/8/2014 16.A.21
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10. There shall be deducted from the proceeds of sale all prior year ad valorem taxes and
assessments levied against the parent tract property which remain unpaid as of the
date of Closing.
11. This Agreement and the terms and provisions hereof shall be effective as of the date
this Agreement is executed by both parties and shall inure to the benefit of and be
binding upon the parties hereto and their respective heirs, executors, personal
representatives, successors, successor trustees, and /or assignees, whenever the
context so requires or admits.
12. If the Owner holds the property underlying the Easement in the form of a partnership,
limited partnership, corporation, trust or any form of representative capacity
whatsoever for others, Owner shall make a written public disclosure, according to
Chapter 286, Florida Statutes, under oath, subject to the penalties prescribed for
perjury, of the name and address of every person having a beneficial interest in the
property underlying the Easement before the Easement held in such capacity is
conveyed to County. (If the corporation is registered with the Federal Securities
Exchange Commission or registered pursuant to Chapter 517, Florida Statutes,
whose stock is for sale to the general public, it is hereby exempt from the provisions
of Chapter 286, Florida Statutes.)
13. Conveyance of the Easement, or any interest in the property underlying the
Easement, by Owner is contingent upon no other provisions, conditions, or premises
other than those so stated herein; and this written Agreement, including all exhibits
attached hereto, shall constitute the entire Agreement and understanding of the
parties, and there are no other prior or contemporaneous written or oral agreements,
undertakings, promises, warranties, or covenants not contained herein. No
modification, amendment or cancellation of this Agreement shall be of any force or
effect unless made in writing and executed and dated by both Owner and County.
14. Should any part of this Agreement be found to be invalid, then such invalid part shall
be severed from the Agreement, and the remaining provisions of this Agreement shall
remain in full force and effect and not be affected by such invalidity.
15. This Agreement is governed and construed in accordance with the laws of the State
of Florida.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the
date first above written.
SIGNATURES APPEAR ON THE FOLLOWING PAGE
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AS TO COUNTY:
DATED:
ATTEST:
DWIGHT E. BROCK, Clerk
Deputy Clerk
AS TO OWNER:
DATED:
A Z4�j J)�41
Witness (Signature)
Name (Print or Type).
Witn ss (Signature)
YA Ah1w.. 614 4&46('O�-
Name Print or Type)
Approved as to form and legality:
?Aa'x'4)P I
Assistant County Attorney
Last Revised: 6/3/2013
7/8/2014 16.A.21.
Page 6
BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA
TOM HENNING, Chairman
Packet Page -711-
CP
. I
PY14IR 7/8/201416.A.21.
MomH ow of GOLDEN GATE BOULEVARD (CR 826)
! TRAUT 72
y 10g +OO 139 +00 1 140 +00 144400 14 +DO 143 +00
j SOtlTIC LIME CF
POINT OF iv NORTi1 so' OF
CUMMENCOF TRACT 2
L i{ '
POINT OF
� BEGNNiNG �
8 � L6 is
f
PROPOSED ROADWAY EASEMENT
PARCEL 258 RDUE
2,4W SO. rl, 1
WEST uM£ OF
€A5T :8P' or
TRACT 22
1 TRACT 22 30
GOLDEN GATE ESTATES
UNIT 51
a + PLAT .BOOK 5 PAGE 84
west 0 or F TRACT 59
TRACT 21 Ea,T 3 30' o
[ TRA[T 22 yj
i H
SOTOLONCO EAST. 180' OF
OF? 3558/2267 TRACT 21
F RIDENOUR
I OR 236/702
N
V" E
f
s I
TECM - ROW
FS 0 12010
SO. FT. SQUARE FEET
OR OFF' +C .IAL RECORDS (BOOK /PAGE)
N X X1 PROPOSED ROADWAY, DRAINAGE AND UTILITY EASEMENT {ROUE}
EX'57ING ROADWAY EASEMENT DEDICATED TO THE PrRPETJAL
USE OF -HE PU41:C PER PLAT BOOK 5. PAGE 84
LEGAL DESCRIPTION FOR PARCEL 258 ROUE
A PORTION OF TRACT 22, GOLDEN GATE ESTATES, UNIT 51 AS RECORDED IN PLAT BOOK 5, PAGE 84 OF THE PUBLIC
RECORDS OF CDLL`ER COUNTY, FLORIDA, LYING IN SECTION ?. TOWNSHIP 49 SOUTH, RANGE 27 EAST, CDLOER
COUNTY, FLORIDA, B[;,VO YCR_ PARTICULARLY DESCRIBED AS FOLLOWS.
COMMENCING AT THE. NORTHWEST CORNER OF SAIL^ TRACT 22.
THENCE N.89'30'49 "E., ALONG THE NORTH LINE OF SAID TRACT 22, FOR 150.03 FEET TO A POINT ON THE WEST LINE
OF THE EAST 180 FEET OF SAID TRACT 22
THENCE S.0O'29'12 "E.. ALONG SAID WEST LINE. FOR 50.00 FEET TO A POINT ON THE SOUTH LINE OF THE NORTH 50
FEET Of SAID TRACT 22 AND THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL;
THENCE N:89'30'49 "E., ALONG SAID SOUTH !!NE, FOR 150.04 FEET TO A POINT ON THE WEST LINE OF THE EAST 30
FEET OF SAID TRACT 22;
THENCE S.0729'05'E., ALONG SAID WEST LINE, FOR 68.00 FEET;
T,;ENCE N.45'29't 1 "W.. FOR 28.28 FEET;
THENCE 5.88'3G49W„ FOR '30.04 FEET TO A POINT ON THE WEST LiN_ OF THE EAST 180 FEET OF SAID TRACT 22;
THENCE N.00'29'12 "W.., A,_ONG SAID WEST LINE. FOR 48.00 FEET TO THE POINT OF BEGINNING OF THE 4R.-IN
OESCRIB°.0 PAi2CF, .
CONTAINING 7,402 SOLARE: CE T, MORE OR JSS
0 40 80 180
.IA€L Y iMIM'0WI. SVIATY.. w.PK-
SKETCH &DESCRIPTION ONLY . —_ _ _ aaroA accnRa ccRr rat€ "0 SxOr
NOT A BOUNDARY SURVEY SCALE. I so'
FOR: COLLIER 'COUNTY »OVERNk�Eh, _CARD Or COUNT' COMM._$ID.LRS n_ii�a rcicn Rt oRa S,sRO SuRVCYOn µc [u sc'� scu ur
GOLDEN GATE BOULEVARD r7+c
T'L®uIt
SKETCH & DESCRIPTION OF: PROPOSED ROADWAY EASEMENT 'P � >fi� &
PARCEL 258 ROUE 6670 M.lm Pick D?w, SUit� 200
Napes, FW ft 3.+109
COWER COUNTY, FLORIDA a,,,� ?n) 5070575 FAX- Q991wr05M
LB Na: 6952
d05 NUMBER REVSIGN - - -lHONa TCANSHIF RANG: SCALE DATE UIRAWN Br FILE NAME S^IEET
S02' ".CO.O' u001 REY 01 49 27 t' - 30' Q.C. 2009 S -D1 5w 258 Cr ,
_ LINE TABLE
LINE SEARING LENGTH
L1 N69'30'49 "f t50.G3
�L2 S00'29' 12,.E SO.Od
L3 N89* 30'49"E
_ Packet Page -712- .......... C_
�
'SO.Ck
�4 S
SOd'29'd9 "E 6
69.00
L5 N
N45'29'T 1 "W 2
29.29
L6 S
S89'3d'49 "W 1
134.04
L7 N
N00'29'12 "w 4
48.00
�
7/8/2014 16.A.21.
LOCATION MAP
PARCEL 258RDUE: GOLDEN GATE BOULEVARD PROJECT NO. 60040
(Not to scale)
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APPRAISAL REPORT
REAL ESTATE APPRAISAL
Of
Golden Gate Blvd. E. Widening
Golden Gate Estates Unit 51 E. 180 ft of Tract 22, Naples,
Collier County, FL, 34120
As of
March 20, 2014
Prepared For
Mr. Harry Henderson, SRA
Collier Count), Growth Management Division C&M
2885 S. Horseshoe Drive.
Naples, FI-.
34108
Parcel: 258 RDUE
Prepared by
El.
Thomas A. Tippett. MAI
File Name: 14 009 258
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7/8/2014 16.A.21.
TA. Tippctt" Inc.
1061 Collier Center Way #3 239405-8551 x]
Naples Fax: 239405-8547
FL. 34110 tom(aftatippett.com
April 33. 2014
Mr. Harry Henderson, SRA
Collier Countv Growth Management Division C&M
2885 S. Horseshoe Drive.
Naples, FL 34108
Re: Appraisal Report, Real Estate Appraisal
Golden Gate Blvd. E. Widening
Golden Gate Estates Unit 51 E. 180 ft of Tract 22, Naples,
Collier County, FL, 34120
File Name: 14 009 258
Dear Mr. Henderson:
At your request, I have prepared an appraisal for the above referenced property, which
may be briefly described as follows: The property appraised is a vacant single family site.
Please reference page 15 of this report for important information regarding the scope of
research and analysis for this appraisal, including property identification, inspection,
highest and best use analysis, and valuation methodology.
The appraisal is intended to conform with the Uniform Standards of Professional
Appraisal Practice (USPAP). the Code of Professional Ethics and Standards of
Professional Appraisal Practice of the Appraisal Institute.
I confirm that I am competent to perform this appraisal and adhere to the competency
provision within USPAP. I certify that I have no present or contemplated future interest
in the property beyond this estimate of value. Your attention is directed to the Limiting
Conditions and Assumptions section of this report (page 10). Acceptance of this report
constitutes an agreement with these conditions and assumptions
agreement
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7/8/2014 16.A.21.
Mr. Henderson
Collier Countv Growth Management Division C&M
April 3, 2014
Page 2
In particular, I note the following:
Hypothetical Conditions:
• A hypothetical condition of this appraisal is the proposed acquisition and the
proposed roadway improvements have been completed.
Extraordinary Assumptions:
• An environment assessment report has not been provided to the appraiser. It is an
extraordinary assumption that there are no environment conditions that would
negatively impact the property value.
Based on the appraisal described in the accompanying report, subject to the Limiting
Conditions and Assumptions, Extraordinary Assumptions and Hypothetical Conditions
(if any), I have made the following value conclusion(s).
The As Is market value of the Fee Simple estate of the property taken, including damages
and special benefits, as of March 20, 2014, is:
SUMMARY OF THE JUST COMPENSATION ESTIMATE
Value of the Land and Property Rights Taken:
Value of the Improvements Taken:
Severance Damages:
Net Cost to Cure:
Special Benefits:
Total Amount Due Owner:
$1.900
$0
$0
$0
$1,900
If you have any questions or comments, please contact the undersigned. Thank you for
the opportunity to be of service.
Respectfully submitted,
T.A. Tippett, Inc.
Thomas A. Tippett, MAI
State-certified general real estate appraiser RZ# 1669
tornl`- 7 ?tatippettxorn
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