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07-W Sports Com. Land Donation DEC 12 2002 ()ITY ATTOI~NE~ MEMORANDUM P s. To: Larry Schenk, City Attorney From: Terry Townsend, Public Works Director Date: December 12, 2002 Subject:Acquisition of Paris Junior College Property for City of Paris Sports Complex Due to Texas Parks and Wildlife Department procedures and regulations our lease agreement with PJC is not acceptable if we intend to use the fair market value of the sports complex property as part of our matching funds. Therefore, Bobby Walters, President of Paris Junior College has agreed to donate the 92 acre tract to the City of Paris. However Mr. Walters has requested we include a contract clause similar to the Love Civic Center contract which states "if the property ever ceases to be used by the City of Paris for such purposes as the sports complex it would revert backto Paris Junior College". As you know, several months ago the legal department prepared a lease agreement between the college and city for this property. Due to TPWD requirements I am now requesting the city acquire this property from PJC by donation. Upon completion of the acquisition, I am required to submit the following to the TPWD: Copy of the executed, recorded deed Title Policy (if available) Completed Statement of Donor I have attached a copy of the new boundary survey which did not exist at the time of our lease agreement, a statement of donor which Mr. Walters will need to sign and a letter from TPWD referencing the acquisition and program requirements. Please call with questions you may have. DRAFT F:~Attorney\Lisa~O~esolutions\CURRENT\Sports Complex Donation Res.wpd February 7, 2003 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, AUTHORIZING THE ACCEPTANCE OF A DEED OF DONATION OF PROPERTY FROM PARIS JUNIOR COLLEGE FOR THE PROPERTY NECESSARY FOR CREATION OF A MULTI-PURPOSE SPORTS COMPLEX; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris, Paris, Texas, has received numerous citizen inquiries and requests for consideration of the creation of a new sports complex; and, WHEREAS, in furtherance of said complex, the City Council received a petition signed by numerous citizens seeking City Council consideration of the creation of said sports complex; and, WHEREAS, on Monday, February 19, 2001, the City Council of the City of Paris conducted a public hearing regarding the possible creation of a new sports complex; and, WHEREAS, Paris Junior College proposed to provide the City sufficient property as part of the potential match for State grant funding for the siting of a new sports complex; and, WHEREAS, the City Council, by prior Resolution No. 2001-017, adopted February 19, 2001, requested the donation of land from Paris Junior College for the site of a new multi-purpose sports complex; and, WHEREAS, the City Council, by adoption of Resolution No. 2001-044 on April 9, 2001, approved a consulting services contract with MHS Planning & Design to provide necessary consulting services to prepare a sports complex master plan, to prepare revisions to the current parks and open space master plan, and to prepare necessary documents for submission of a grant application to Texas Parks and Wildlife; and, WHEREAS, as a consequence of said grant application, the City has received a $500,000.00 Texas Parks and Wildlife grant as part of the funding necessary to begin construction of the aforesaid multi-purpose sports complex; and, WHEREAS, the City Council has previously authorized an additional $500,000.00 in funding for the aforesaid sports complex; and, WHEREAS, the City Council has encouraged businesses, philanthropic organizations, interested groups, and other individuals to make contributions to the creation of said multi-purpose sports complex; and, WHEREAS, other donations have been forthcoming, including donations by or on behalf of the Paris Visitors and Convention Council, Love Civic Center, and the Lamar County Chamber of Commerce; and, WHEREAS, the City Council did heretofore, on the 1 lth day of March, 2002, in Resolution No. 2002-059, authorize the execution of a Lease Agreement with Paris Junior College for the City of Paris to lease the property necessary for construction of a multi-purpose sports complex; and, WHEREAS, the Texas Parks & Wildlife Department has advised the City that it must hold ownership of the property if it intends to use the fair market value of same as part of its matching funds for the grant; and, WHEREAS, Paris Junior College has indicated that it is amenable to donating the property to the City of Paris with the provision that the property will revert back to Paris Junior College should the City of Paris cease to use the same for the sports complex; and, WHEREAS, the generosity of Paris Junior College is appreciated and it would be in the best interest of the citizens of Paris to authorize the acceptance of a deed from Paris Junior College in furtherance of the completion of the City of Paris Sports Complex project; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the City Manager is hereby authorized to accept a deed from Paris Junior College to the property necessary for construction of the City of Paris Sports Complex with the provision that such property will revert back to Paris Junior College should the City of Paris cease to use the same for said Sports Complex, and under those other terms and conditions and in such form as approved by the City Attorney. Section 3. That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED this 10th day of February, 2003. Michael J. Pfiester, Mayor ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: Larry W. Schenk, City Attorney SURVEY # 02094 CITY OF PARIS, TEXAS SHEET 1 OF 3 SHEETS 94.042 ACRES - ~ 420.00' i ~ I ~ $ 0'21 · '8' F,~ , ~,~ / I~ Tra~ $ol DR 715, Pg. 637 In DR 334, Pag~ 286 ~1 SURVEY # 02094 SHEET 2 OF 3 SHEETS Being 94.042 acres of land, a part of the George W. Cox Survey Abstract Number 164 and a par~ o f the Joseph Leach Survey Abstract Number 524, lying and being situated in the City of Paris in Lamar County, Texas. The said 94.042 acre tract contains a part ora called 82.654 acre tract as described in a Warranty Deed from W. K. Williams to Paris Junior College District, dated 8-15, 1952 of record in Deed Records 334, Page 286 o£the Deed Records of Lanaar County, Texas. The said 94.042 acre tract also contains a part of a called 41.03 acre tract described in Tract 1 and a part of a called 21.88 acre tract described in Tract 2 of a Warranty Deed from Elizabeth Caroline Henderson McCullough and husband Glenn McCullough to Paris Junior College, dated 11-16-1987 of record in Deed Records 715, Page 637 of the Deed Records of Lamar County, Texas. The said 94.042 acre tract also contains a par~ of a called 55.91 acre tract described in the First Tract ora Warranty Deed from Bedford E. Booth and Malvina Booth to Paris Junior College, dated May 22, 1956 of record in Deed Records 350, Page 172 of the Deed Records of Lamar County, Texas. The said 94.042 acre tract also contains a part of a called 97 acre tract as described in a Warranty Deed from Mamie M. Fenet to Paris Junior College Memorial Foundation, dated 8-22-1945 o£ record in Deed Record 283, Page 525 of the Deed Records of Lamar County, Texas. The said 94.042 acre tract also all of Tract No. I and a part of Tract No. 2 ora Warranty Deed from Texas Power & Light Company to Paris Junior College, dated 9-19-1973 of record in Deed Records 552, Page 718 of the Deed Records of Lamar County, Texas. The said 94.042 acre tract being described more particularly by metes and bounds as follows: Standing at the intersection of the Northernmost East line of the referenced 82.654 acre tract of Deed Record 334, Page 286, with the North right-of~way ofF. M. Highway 1507, a point, the same being the Southwest comer of a called 89.746 acre tract as conveyed to Benton Rainey in Real Property 844, Page 2.41, Go North (record beating) with the Northernmost East line of the said 82.654 acre tract a distance of 1403.86 feet to a JA" set iron md, on the East side of an old abandoned road, 6 feet West of the East fence line, for the Point of beginning and the Southeast comer of this tract. THENCE: S 88°09'33'' W a distance of 1483.55 feet to a ½" set iron rod, at 1.7 feet West of a fence line, in the West line of the referenced 41.03 acm Tract 1 of Deed Record 715, Page 637 and in the East line of a called 55,91 acre tract as conveyed to Paris Junior College in Deed Records 350, Page 172, for the Southernmost Southwest comer of this tract. THENCE: N 01 °31 '05" W near a fence line, with the West line of the said 41.03 acm tract and with the East line of the said 55.91 acre tract a distance of 685.00 feet to a inch set iron rod, at 1.3 feet West ora fence line, for the Southernmost inside Southwest comer of this tract. THENCE: N 81002'34" W a distance of 346.16 feet to a ½ inch set iron rod, for a Southwest conmr of this tract, in the East line of a eailed 15.248 acre tract as conveyed to the City of Paris and surveyed by J. M. Nelson on 10-3-1989 and in the Easternmost West hne of the referenced F~rst Tract of Deed Records 350, Page 172. ,,; THENCE: N 01050'27" W a distance of 50.00 feet to a 3/8" found iron rod, for Northernmost inside Southwest come[of this tract, at the Northeast comer of the;,sifid 15.248 acre City of Paris tract and at an inside Southwest comer of the referenced 55.91 acre First Tract. THENCE: S 88°17'39" W with the North line of the said 15.248 are tract a distance of 913.95 feet to a 3/8" found iron rod, for the Westernmost Southwest comer of this tract. THENCE: N 01 °42'21" W a distance of 30.00 feet to a 'A" set iron rod, for the Westernmost Northwest comer of this tract. THENCE: N 88017'39'' E a distance of 420.00 feet to a fi" set iron rod for the inside Northwest comer of this tract. THENCE: N 01 °42'21" W, crossing the Southernmost South line of a called 97 acre tract as conveyed to Paris Junior College Memorial Foundation in Deed Records 283, Page 525 and continuing a total distance of 1035.00 feet to a fi" set iron rod, at 15 feet East of a fence line and in the Not;th right-of-way of the Paris Mount Pleasant Railroad (Abandoned), the same being the North line of a tract of land conveyed to Paris Junior 'College in Tract 2 of the Deed Records 552, Page 718, for the Northwest comer of this tract. SURVEY # 02094 SHEET 3 OF 3 SHEETS THENCE: N 75o01'26TM E a distance of 866.62 feet to a ~" set iron rod, at 3.5 feet East ora fence line and in an East line oft. he said 97 acre tract of Deed Records 283, Page 525, the same being the West line of the referenced 21.88 acre Tract 2 of Deed Records 715, Page 637, for a comer of this tract. THENCE: N 78°51 '53" E a distance of 714.91 feet to a ~A" set iron rod, near a fence line and in the East line of the said 21.88 aare Tract 2, the same being the West line of the said 82.654 acre tract of Deed Records 334, Page 286, for the Northernmost Northeast comer of this tract. THENCE: S 01°06'44TM E near a fence line and with the East line of the said 21.88 acre Tract One and with the West line of the said 82.654 acre tract a distance of 214.90 feet to a ½" set iron rod, for the inside Northeast corner of this tract. THENCE: N 88°09'33'' E a distance of 841.03 feet to a V2" set iron rod, at 31.8 feet East ora fence, in the East line of the said 82.654 acre tract and in the West line ora tract of land conveyed to Benton Rainey in Real Property 554, Page 69, for the Easternmost Northeast corner of this tract. THENCE: S 00°43'42'' W a distance of 1018.72 feet to a 3/8" found iron rod, for a comer of this tract, at the Southwest comer of the referenced Benton Rianey tract of Real Property 554, Page 69, at the Northeast comer of Tract I as conveyed to Paris Junior CoIlege in Deed Records 552, Page 718 and at the Northwest comer of a tract of land conveyed to Benton Rianey in Real Property 761, Page 68. THENCE: S 00°21' 17" W a distance of 87.18 feet to a 3/8" found iron rod, for a comer of this tract, at the Southeast coroer of the said Tract I of Deed Records 552, Page 718 and at the Northwest comer of the referenced 82.654 acre Benton Rainey tract. THENCE: South (record bearing) near a fe/~ce line a distance of 859.14 feet to the point of beginning and containing 94.042 acres. I, Mark L. Sanderson Registered Profession. al Land Surveyor # 49I I, State of Texas, do hereby certify the above was taken from measurements made upon the ground on 7-24- 2002 and there are no visible easements, rights-of-way, encroaehraents or overlapping of improvements, noticed by mys~~t. Mark L. ~ande~on ATTACHHENT C (see Instructions page 9) STATENENT OF DONOR ! understand that two State-approved appraisals, which were prepared for the acquiring agency, establish the grant assistance value of $ 115,ooo.oo for the entire parcel. This value was determined after a personal inspection of the property by the appraiser during which I, or my representative, was given an opportunity to accompany the appraiser. I donate the following {indicate number of acres, value, and description of donated property). 92 acre tract, $115,000 value .' Signature of Owner or Representative Printed Name and Title Date NOTE: This statement must be completed and signed by donor when an acquisition project involves either a full or partial donation by owner. 17 November 20, 2002 Mr. Terry Townsend, Director ............ s Public Works Department ,~ ....... , ^~.sT.o~o P.O. Box 9037 ¢ ........ ^u.T,. Paris, Texas 75461 JoM~, ^v,~,. JR Re: Paris Sports Complex JosE.. ~ c ~,~zs,~o.~ Project Number 50-00291 ^~'" ~. "~~~*Dear gL-. Townsend: ° .... The appraisal report by Pat Murphy & Associates for a 92.0+ acres tract of land in the oo.~.o °~..~o" .... above referenced project has been reviewed and approved. The Texas Parks & Wildlife .~.~ ~ .,~,.o. ~,o. Department hereby establishes the fair market value of the property, to be acquired by ~,,,,,,o~ donation, in the amount of $115,000.00 as of July 2, 2002. The maximum amount of ~ ^..o~,o land acquisition TPWD will support for this project is that amount established in the ~. ~ approved application for the project, $115,000.00 ($107,500.00 in matching funds). The ~o.. ~, .... City of Paris is reminded that no reimbursement will be allowed for land acquisition prior to the following: 1. A contract agreement between the City and TPWD has been executed. 2. Project construction plans and specifications have been approved by our office. 3. The City is also reminded that payment for donated land will be withheld until equal amounts of funds are expended by the City to prevent a profit on the project. ~--~l~~j,.~.,,,~ After the execution of the contract agreement, the City may proceed with the acquisition of the subject property. 'OIJ?DOORSI *a~ a ~id Upon completion of the acquisition (and the stipulations listed above), please submit the huntin~ or fishingfollowing for reimbursement: Visit a ,tat~ park Copy of the executed, recorded deed or historic site Title Policy (if available) Completed Statement of Donor Certification For Recreation Grants Reimbursement Request Contact Ramon Riquelme at 512/912-7110 if you have any questions regarding reimbursement. and outdoor recreation opportttnities for the use and enjqrment of present andJittttre generations, Mr. Terry Townsend, Director Paris Sports Complex November 20, 2002 Page 2 Submission of plans and specifications should follow once the contract between the City and TPWD is executed. Contact Russ Downey at 512/912-7112 with any questions. If you need clarification or have any other questions, please feel free to call me at 512/912-7124. Tim Hogsett, CPRP Director Recreation Grants Branch TH:RU:mh ACQUISITION METHODS AND APPRAISALS 1. ~ Acqui~onollandandwaLer, a'in~Bfe~tslhereiA, When awaive, isneeded, il should be r~quested by lhe sponse~, lhemcluesl may be accomplished through purchase, eminent domain, tmnder, gilt, should include a justification for the waiver and a ~tement ol how a proposed mandatmy dedication, (x olhe~ means. The De~ar~nent encourages public substitute repod or system wou~l meel Ihe need d the Depaflment to [~ify pelides and poced~es for Ihe acqu~ion of mat pmpen'y O'at me fak and payme~s Imm the TRPA program. comis~nt, and directed toward givi~ the pmf~e~y OWller Ihe MI measure d ~thout prolonged nego~a6on or co~ty liligalion, a quaflfied pemm fa' all mai pTepmly to be taken. Il mrna than m~e paJcel b b be amuimd, all parcels shall be appraised in ~e same repro!. IrM:rnf, dual ~ A. Evmy reasonable effort should be made le acquire real pa:~edy by a means al:~sal repods will not be revi~ed bYthe Depadme~, n°r are they dgt~ kx e{her than mnineflt domain or condemnalJon. TRPA assislanm. Standards la. appraisals used shall be caflsisteflC to ~e exteflk B. Real property should be appraised before Ihe ifliliatio~ of negofia~ns. Rn(f, ngsolValue (C below), the al:~ shouldbean anal~cal TRPA assMa~ce wia be based on the cuflent lair marketvaJuedmalpmpmtYas following cune~ p~essienal a,qxaisal Fac~ces involving the app,lk:a6on ol Del:]mlmenC Pmpedyownemshallbeaffmded an eppodunity to accempanylhe depmcialJoa, ar, dinceme ai~ to value. CXhm'~o{therelx~,such agmementmlxice. Ifanaoj, eeme~doesflotap~arposs~eaftera~ 1he fem~lity and de'tail of required documer, latJon will be delem',ined, as period of nego~aUon, U~e pmj~t qoonsor may, if authorized by law, iflslJtute described below, by the value M the mai pmpmty involved in each Ir~ance. co~J~mnatien proceedings. Depefl~ng ~ value, ~e Departmen! ~ require a detaited apprdisal mpmt, abbreviated app'aisal repopt, m' written finolng d value. The appmisaJ VA'II be D. if a palpal tak~g would leave the owner wi~l an una:a'x~c refl'mant, the sulxnitted to II~e DeParlment f°r review unless e~qem~ise ri°ted m' requested' A sponsor shal alfa' to acquke Itm entke property, detmted apprakal is required la' aJI p~ecls invok'klg the donation ol reat ProPertY or interests therein. E. Iff deten~ning the boundaries of a project, the sponsm' should take into area, h addiion to enginee~g and other factors. ~ report on any individual pi'opedy may varf de~en(~g upen ~le t'y~e ol 2. n~,~l.F.pa,,,,~,,e,,,,.~ C..~naa~y, the market value standard will ba used as pmpedyunde~appmisal. Addif~:maJ data may be mquimdinthec~edl~ the basic rneasure olTRPAas.fistance on acquisitim~s. 'IRpA assistance shallbe speciar~zed pmper~es. Items maybe delaed asin Ihe case ol laAd'.aluatk~only. capitaJ costsandv~nen e~qe~per~ent conditions aremet, a,nydegreeollengterm 6~e mp~ unless othenvise requested and agreed Io by the Depadma~ ard interest in reel propaly can be considered I~ malching aid, whe~er purchased bY omissions must be explained by r'arrative. ~ donated to 6~e project sponsa'. Progerly documented cests ol severance damage ma), be matched. Severance damage is the dlminulion in value ol the The Appraisal Ret3od shoutd cever the Iollowing: mmaining tarid due to lhe pa~ticular land taken and is mnsidemd to be an inhe~e~ 1 C,.nnrh.',i~,tr.A,",~m*','.n~ prq)ertyowners(a'adesignatedrepmse~ative) part d just compensation. 11~e onlyincidentaJ costs olacquisifionwhich may be ( ) ..... matchedamap~landboundmysurveycosls, shall be a~ an opportunity to accompany the appraisem duling inspec6ml o! I~e property. The ap~_aisal report shall [ndicat8 wheb'ler o~ not payments shallbe made o~y afte' Ihe Project Agmemen{ has been execuied f(x ovma. ot mpresa'~athe accompar~',d Ihe a~xaiser. the proiect Involved (2) c. ~Lir-,~qtL.~A~: Statem~n[ of qualifications of all appraisers and/or 3. r~..,,.h~,mt a~i,~, nn A~..~.,E... n.,.,.-,~ 'i'he Dep~ne~ will may also be checked to determine whether they adequately serve ~e pulpose~ (3) . _ ' . The appraiser should provide dear ce~dse htended fo~ It~em. Addi~'~al idom~a~ion inctuc~g a new appraisal may be sta~eme~[s of all assumptions, ir~k~t~ the follening specifics: required when clrcumslances so warrant. [a) ~q~at ~e ~lle to the prope~ is marketable, 4. W=i~ ~f Ra?dmn~nln The C~parlment may waive any of its docurne~tal~on ~- payment requirements upon request a ~oon its own ini0at~ (b) That ~e aopraiser ass~es no mspo~oilit'/lot regal matters, and when in the opinion ol the Department a requirement is no~ ~sitatad by law and does flot reduce anyprotecti~o~s provided by the Grants Uanual. When sud~ (c) Thatalldatatumishedbyo~asarepmsumedconect- a waber is g~ven, the Department resewes Ihe dght to establish suitable and reasonaUe corflitions under which the waiver may be opera,Ye. (4) p~a~,n~ a r~n A.?rainni '1~is shall include a definition of all values required and appraised. fo~. This pmoedem may be omitted on improvements, beth rani and ps.oral, (5) ~.t.,-,:.;r~,,-~n~p .m?~ Legaldesc;iptionol~hewl~let,'actand~z. ttobe Ior which only a eaivage or scrap value la nstirnsted. (11) V;I.~ (6) r,~=~,~..~naf= T'alsdete(mosaysac~alandecenomic)a'x~k:lbekep~te data to suppmt eac~ lkjum and lac~0r used and shall be armnged in detaled gom oppaised, t~tel expenses induding reserves fa' ~ce~enis. and kx:ation. The cepitniizatino technique, method and rate used shM be (a) ~ Descn~e so~, topography, miceral depasiis, easam~, ac. If them is e,~lal~ed in nan-aifve form suppo~ by a s~ate~ent of souses of raiss and an indiustia~ lha! ~ d~osifs haue mom than a nom~rel commadal ~alue, faclom. It,s iscl sheJl be clearly stated. NOTE: Unless them is sulfidenl toto~mation or extraofdinmy coeditions to jusli~ (b) ;~o.~ #landistobea:quimdovsrwhichtheslx~sorhesl~'ted uceofthelno~meAppmanhmsthod, theBepartme~willns~ma~ymimlx~lhe mntml a' use, such as land enournbered by eusema~ts, prope~ adjusiments must s~nsof Ior the currant ma'l~ value ~ the land deten'nired by the cu~par&tk, e nst n~de in ~he app~isals fo~ land encumbered hy easemaate, ~e Depar~rna'~t va'lla~rNstreimbamemantf~laed, dedec~ng a pm rate share o{ ma~t~et value for (12) V~hmg~.~,~C.~,~,~'~,~.,~,~'}~,..nf~n~'h Nlonmpsmbissaiss knowledge of b~e price, tsnns and c~ons of ,~e. Each compsra)la sale shall (c) Ira.,~.,~"n',oet~ ~ shell be by nanaUve description, indu(rmg dimensions he wofg~ed and explained in mlafon te el prinsipal buil(fmgs and/of improvaalents. A rkxx plan el each b~'kling ia reasoningbehtedlheapp~sfionlvetueestimatefroml~isapprcach. required. (13) ~,,~ .,'r (o') g?'.~r,'~nt 'Thissh=llbebynsrm6vedescf~pfionindudingtbecondhionol toeegning esl~mates and shait state the r, easons why one of more ni Ihe equipment, condusions reached in items (10), (11), and (12) am incicatbe d 6'm readret (e) ;"/,,~litinn The cuffent physicat ~nd~Jon and relative use and obsoleacence challbe statedla'eachitam re'group appmis~ and, wheneve~appllcabte, the (14) T~'"'L~inn nf "i"~n~'. '~nn"*'"~n~'t. nm~7. <~h~'"~h'"r~e"") Include dell~' amour~ of mol us'ate texes, ff tbe preps~/is not taxed, Ihe at:pra~f shel (15) estimsto Ihe as~ in case it is placed upon the tax mit, stele the rotc, and give 63e do&3r amount nl' tbe tex ealknate. (a) He/she hes ps~sonnily ins~ ~3e property. (9) 7n,~n.n 13esoribethezonlngforlhesubjentandcompambispmpsr~usand (b) He/shehesnopresentorcentompla~edintemstinlbe~. if re~ng is imminent, discuss under item (8). (¢} That in his/her opinion the market value of the 1eking as of (8) An~i< ,~ Hi~h~.J .~ R,.<~ ~1,~ The roped shall state the ~hest and best man~q use ~ can be made of the ps3pe~ (land and improvements and where _ la $ apl:~e, ruschinely and equipment) for which there is a current market. The (Valuation date) valuation shal be based on this use. in no cass shel~ the laJ'zl be ap[xaised for one highest and best use and the value of the improvements added when E,~ do not cunlribu'~e to the fair mabel value c~ the land under the highest and besl use. (Signature) Such special pu~ose apixaicab are not allowable. (16) I:.,.Nhhe ~nrl ~,r~.'h~,',,-b (Note: All maps and plans ma)' be beond as lacing (9) I~,n.-J'O.~, 'rbeappraisef'sop~nolthevalueolthelandsha~lbebesed psgusoppssitethedeso'fiptius, isl:wlstion, of discussions they conoem). utx3n its highest and best use, rngardless of any existing struclums and she~ be supao~ed bycunflrmed con'ent factealdate(salea and olfmings) alcomparable, {a) In'=~n'M'~ Inolnde the city or ama. ~ nearty corr~areble, lands having like optimum uses. D~ffarences sheft be wal~ed and explained to show how they indicate Ihe value of the land being (b) ~n .n~mfi~, U.~.n rl.t:~ Shew geographic location of the N)pmisnd appraised, preperty and Ihe comparative parcels analyzed. (10) ',/.1~, i:.sm~,f~, h7 ~.n~V ,~,n.~n This seciion shall be in the ~ of (c) ~,x.y,.n.r~t~=, r'~. F~ai~<=. Narrative. computational date, arranged ~n sequence, beginning with reproduction or replacement cost, and shell state the source (book and page if a nalimml ser.'lce) (d) pin~ Plan indnde a mslas and beunds desc~ption. of all g'~JUrus used. The dolar amounts al physical detshora~on and bndisnal and eca',,orn{c ebsoissusnse, or the emission of same, shall be explained in nsrratNe (e) F~nnr Plnn< Indude when needed to exp{sin ~ value estimate. '['E~A Graeb M~n~l imp~e~n~, ~s ~ unu~l fea~s. ~ a ~ num~ of ~ am mi~t ~d, i~ ~i~, ~ ~m ~y ~ ~ ~ ~ ~. ~ best ~am~ s~utd ~ i~ ~ ~. ~ fm ~ (1) ~ ~ ~M e~um ~t ~ ~j~ s~= ~u~ a~ate o~M ~, ~t~ may ~ ~ as p~ f~ ~e d~bn ~ ~ ~. d~ · ~ ~e p~ ~ ~ gm~ ~1 ~ i~lu~ (2) ~ ~ ~' a~ ~sal ~a~s and ~ 675.2.5. The ~ M ~ ~ is (9) ~' I~ ~a~' ~,~5%d~d~$10,~,~ B, ~ ~~ r~ ~ (3) a ~lifi~ ~r ~ ~ m~ ~ ~e ~, is a~ for ~w ~ ~d i~u~ ~ pm~ u~ ~, ~ ~ a~ ~ ~ ~n~ d~d~, ~ ~ ~n ~ ~ ~ ~ p~tinf~a~ ~) Al~nd~~a~i~ ~ a ~at' (a) F~ (3) At ~ a 6 ~ ~ of ~ (~ a~ ~em~ ~ p~te ~ ~) I~ (4) ~ a~b~ ~d~p~s h~a~t~- ~alty ~t~ va~." (5) Sup~ ~, ~u~ ~ ~ ~me ~le ~ ~ ~, a ~is el ~ ~, a~ a m~ ~ ~r ~ ~ ~ ~ ~ ~ (c) I~ ~ ~ F~ ~ ~n~ ~ ~ ~ m~ mua ~ a~uir~. ~ ~ ~ s~) (6) T~ a~mi~s m~fim~ a~ si~atum (s~ I~ ~) I1 ~ ~ ~e ~a ~e ~1~ ~ma~ a~. (6) A s~t~ oft~ ~a~s e~ a~ qua~. (a) ~) ~,,~ ~ A~n~ S~t~e~ t~t ~ own~ ~ ~a~ had ~ · e o~ to a~m~ny t~ ~. ~) tmprovemen~ w~ am I~ ~r ~ ~ma5~ u~" m~t ~ ~lued at ~ir d~r~ value. ~ i~mvemen~ am eli~ for g~t ~n~ (10) ~i~ u.p ~ il ~y ~e ~ ~ d~li~re~ ~m the s~, ~ if ~ impmv~nts (11 ) R""n~ U.n IP~l~ are D .... ~ ~p~eme~ must ~ ~ ha~i~ ~b~ ~ ~r m~ ~a~, em~ of ~ ~ ~ ~ ~ ~ ~ ~fit, a ~n fl~ ~te ~w ol value by a ~i~ a~s~ ~ ~ ~ f~ ~o~1. ~b ~n~ of ~ude a sa~m~ ol ~ ~mb~s ~ a~ q~i~o~, ~ a ~ui~ ~ es~l~ ~ I~M d ~PA ~, wmuant D Man~ ~, s~d ~n d ~ I~ ~de~ a~ ~ mea~ ~ ~ a ~u~ ~ ~on~r~, n~t~ ~ ~ ~ ~ ~ I~1 mat~. w~ ma~ ~ sat~ ~U ~ su~id~W d~l~ ~ ~ to enable ~ ~t ~ ju~e ~r ~ive me~. 6. · ' An ~isal, if m~tent~ ~mpi~ by a q~li~d D, Fmi~ ~m=i~.~n.tinn ~efl A~ are a~uked ~h ~al ~ ass~, ~wwer, to ~ ~ ~s~u~ sat~ of ~lue. T~ ~v~ ~ing& Ae p~ ~i~ by ~e muA will ~ ac~ by ~ a~isatva~e~sbf~a~ishing~ei~eld~su~A. O~t in ~eu d any previo~ ~ent a~[~ apFai~ ~e. ~ ~ro~d su~ ~ing ~ t~ Foj~. ~t, wo~d ~ ~sdUe w~n I~ simple flue is e~ssh~y e~ensive, a~ a t~er E. ~"i~ h? nn~ One ~propdate ~Fai~l r~d is a~i~s~ely ~n~d of t~ a~ wi~ ~ detm~ Irom ~ recr~don use ~ ~e I~ ~ ~t ~ve