Appraisal Report for ALP Relinquishment Areas 1 & 2

LOVE APPRAISALS, INC.
4. The date of value to which the opinions expressed in the report apply are
shown in the letter of transmittal. The appraiser assumes no responsibility
for economic or physical factors occurring at some later date which may
affect the opinions herein stated.
5. Use of this report by anyone constitutes acceptance of the assumptions and
limiting conditions.
Hypothetical Conditions: a condition, directly related to a specific assignment,
which is contrary to what is known by the appraiser to
exist on the effective date of the assignment results, but
is used for the purpose of analysis. The use might have
affected the assignment results.
1) That a final agreement that specifically identifies how the areas within
Reclamation's perpetual easement area that are to be relinquished to the
CWCB (i.e., as the two identified areas or as a single combined area)
exists.
2) That the public parking lot on Relinquishment Area #1 doesn't exist.
Extraordinary Assumption: an assumption, directly related to a specific
assignment, as of the effective date of the
assignment results, which, if found to be false,
could alter the appraiser's opinions or conclusions.
The use might have affected the assignment
results.
1) That the finalized legal descriptions and corresponding areas (acres) will
be substantially similar to the legal descriptions relied on for the
assignment.
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