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2004-04 VACATING RIGHT OF WAY - ADJACENT TO 3945 EAST PARK LANE
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2004-04 VACATING RIGHT OF WAY - ADJACENT TO 3945 EAST PARK LANE
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1/28/2016 9:30:14 AM
Creation date
1/28/2016 9:30:07 AM
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Resolution/Ordinance
Res Ord Num
2004-04
Res Ord Title
VACATING RIGHT OF WAY - ADJACENT TO 3945 EAST PARK LANE
Approved Date
2/2/2004
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Pa e#3 ' <br /> APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: <br /> 1. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property <br /> for consideration in the sales comparison analysis and have made a dollar adjustmer� when appropriate to reflect the market reaction to those items of significant <br /> variation. If a significant item in a comparable property is superior to, or more favorable than, the subject property, I have made a negative adiustmeM to reduce <br /> the adjusted sales price of the comparable and, 'rf a significar� item in a comparable property is ir�erior to, or less favorable than the subject property, I have made <br /> a posi�ve atljusimerrt to increase the adjusted sales price of the comparable. <br /> 2. I have iaken ir�o consideration the factors that have an impact on value in my developmer�of the estimate of market value in the appraisal report. I have not <br /> knowingly wiU�held any significant ir�ormation from the appraisal report and I believe, to the best of my knowledge, that all statemer�s and information in the <br /> appraisal report are true and correct. <br /> 3. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the cor�ingent <br /> and limiting condi�ons specified in this form. <br /> 4. I have no preser� or prospective interest in the property that is the subject to this report, and I have no preseM or prospective personal interest or bias witl� <br /> respect to the participants in the transaction, I did not base, eitlier partialiy or completely, my analysis and/or the estimate of market value in the appraisal report <br /> on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the preseM <br /> owne►s or occuparrts of the properties in the vicinity of the subject property. <br /> 5. I have no present or cor�emplated future interest in the subject property, and neither my currer� or fuh�re employmeM nor my compensation for performing this <br /> appraisal is contingent on the appraised value of the properry. <br /> 6. I was not required to report a predetermined value or direction in value that favors the cause of the clierrt or any related party, the amount of the value estimate, <br /> the attainmer� of a specific resutt, or the occurrence of a subsequer� eveM in order to receive my compensation and/or employment for performing the appraisal. I <br /> did not base the appraisal report on a requested minimum vatuation,a specific valuation,or the need to approve a specific mortgage loan. <br /> 7. I performed this appraisal in cor�ormity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal <br /> Standards Board of The Appraisal Foundation and ihat were in place as of the effective date of this appraisal, with the exception of the departure provision of those <br /> Standards, which does not apply. I acknowletlge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value <br /> and the estimate I developed is consistent with the marketing time noted in the neighborhood section of ihis report, unless I have otherwise stated in the <br /> reconcihation section. <br /> 8. I have personalty inspected the iMerior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. <br /> I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate <br /> vicinity of the subject property of which I am aware and have made adjustmer�s for these adverse condi�ons in my analysis of the property value to the exteM that <br /> I had market evidence to support them. I have also commerrted about the eifect of the adverse conditions on the marketability�of the subject property. <br /> 9. 1 personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If I relied on significar� professional <br /> assistance from any individual or individuals In the performance of the appraisal or the preparation of the appraisal report, f have named such individual(s) and <br /> disclosed the specific tasks performed by them in the reconciliation section af this appraisal report. I certify that any intlividual so named is qualfied to perform <br /> 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 <br /> no responsibility for it. <br /> SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appralsal report, he or she certifies and agrees that: <br /> I direcUy supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appralser, <br /> agree to be bound by the appraisers certifications numbered 4 through 7 above,and am taking full responsibility+for the appraisal and the appraisal report. <br /> ADDRESS OF PROPERTY APPRAISED: Land adjacent to 3945 E Park Ln, Decatur, Iliinois 62521-1739 <br /> APPRAI R: SUPERVISORY APPRAISER (only if required): <br /> Signature: Signature: <br /> Name: David L.Johnson, CRA Name: <br /> Date Signed: 9-27-2003 Date of Report:9-25-2003 Date Signed: <br /> State Certfication#: 156-0002823 State Certificaati�on#: <br /> or State License#: or State License#: <br /> State: Illinois State: <br /> Expiration Date of Certiification or License: 9-30-2005 Expiration Date of Certification or License: <br /> ' Did Did Not Inspect Property <br /> Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae Form 1004B 6-93 <br /> Fortn ACR—'TOTAL for Windows"appraisal software by a la mode,inc.—1-800-ALAMODE <br />
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