V A N D R I M M E L E N & A S S O C I A T E S, I N C. R E A L E S T A T E A P P R A I S E R S / C O N S U L T A N T S
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1 V N M M L N & O T, N. L T T / O N L T N T cmbr 6, 2017 tah Transit uthority ttn: Ms. hlly Nilsn roprty dministrator 699 st 200 outh, alt Lak ity, tah : n addndum to an appraisal rport of vacant land locatd at ±65 ast ihland riv, rapr, tah. Oriinal ppraisr Fil #667v317. at of oriinal rport: March 15, ar Ms. Nilsn: t your rqust, hav prpard this addndum to addr a chan to th ara of land that is th subjct of th abov rfrncd appraisal, datd March 15, 2017 and idntifid as my fil 667v317. ubsqunt to th compltion of th oriinal appraisal, th siz of th subjct land has chand from 236,752 squar ft, or acrs, to 2,264 squar ft, or acrs. s supportd in th oriinal rport, th concludd markt valu as of March 15, 2017 is $11.50 pr squar ot. n rviin th n lal dscription and aociatd physical charactristics, it dos not appar that th chan in land siz or ara affcts th conclusions in th appraisal rport and th sam pric pr squar ot is concludd. Th total valu of th land is calculatd as llos: conciliation of Land Valu F ric / F = Valu Total F ric / F Valu 2,264 $11.50 $2,993,036 oundd $2,995,000 s supportd by th oriinal appraisal and considrin th chan in land siz, am of th opinion that th rtrospctiv markt valu as is of th f simpl intrst (as dfind in th oriinal ppraisal port and subjct to th dfinitions, crtifications and aumptions st rth in th oriinal ppraisal port), as of March 15, 2017, as: TO MLLON NN N NNT-FV TON OLL $2,995, ast 2100 outh alt Lak ity, tah hon valuutah.com
2 Ms. hlly Nilsn cmbr 6, 2017 a 2 Th us of this addndum and oriinal appraisal rport, by th clint or by a third party, ill man accptanc of all aumptions and limitin conditions containd in th oriinal rport, idntifid as my fil 667v317, datd March 15, ny itms not addrd hrin ar aumd unchand from th oriinal rport. This addndum should b attachd to th oriinal rport and it is aumd that th radr of this rport has th oriinal rport in thir poion. This addndum may not b undrstood proprly ithout rviin th inrmation in th oriinal rport. Th chan in valu is du to th chan in land ara. Th concludd markt valu pr squar ot rmains unchand from th oriinal rport. Th chan in concludd markt valu is subjct to th nral aumptions and limitin conditions, and spcific traordinary aumptions statd in th oriinal rport. t is important that th radr of this addndum, rvi and undrstand all nral and spcific aumptions and limitin conditions. trust this addndum is sufficint to accomplish its intndd function. las call if may b of furthr aistanc. spctfully submittd, ric Van rimmln, M tah tat rtifid Gnral ppraisr rtificat # G00, pirs ttachmnts
3 ihlin T urchas arcl innin at a point bin outh ast 1, ft alon th sction lin and st ft from th North Quartr ornr of ction 7, Tonship 4 outh, an 1 ast, alt Lak as and Mridian; and runnin thnc outh 30'05" st 2, ft; thnc outhstrly ft alon th arc of a ot radius curv to th lft (cntr bars outh 29 30'20" ast and th chord bars outh 39 48'07" st ft ith a cntral anl of 41 23'06"); thnc outh 19 06'33" st ft; thnc outhstrly ft alon th arc of a 1, ot radius curv to th riht (cntr bars North 71 39'27" st and th chord bars outh 28 00'26" st ft ith a cntral anl of 19 19'46"); thnc North 52 19'41" st ft; thnc North 37 08'50" ast.64 ft; thnc Northastrly ft alon th arc of a 9.21 ot radius curv to th lft (cntr bars North 53 13'27" st and th chord bars North 33 53'17" ast ft ith a cntral anl of 05 46'31"); thnc Northastrly ft alon th arc of a 1, ot radius curv to th lft (cntr bars North 57 00'44" st and th chord bars North 30 34'17" ast ft ith a cntral anl of 04 49'58"); thnc North 26 55'55" ast ft; thnc Northastrly ft alon th arc of a ot radius curv to th riht (cntr bars outh 63 57'58" ast and th chord bars North 31 15'58" ast ft ith a cntral anl of 10 27'51"); thnc North 18 40'49" ast ft; thnc North 16 39'18" ast ft; thnc Northastrly ft alon th arc of a ot radius curv to th riht (cntr bars outh 73 20'42" ast and th chord bars North 27 25'05" ast ft ith a cntral anl of 21 31'35"); thnc North 38 10'52" ast ft; thnc North 32 43'48" ast ft; thnc North 43 50'20" ast ft; thnc North 29 52'47" ast ft; thnc Northastrly ft alon th arc of a ot radius curv to th riht (cntr bars outh 07'13" ast and th chord bars North 42 11'20" ast ft ith a cntral anl of 24 37'07"); thnc North 54 29'54" ast ft; thnc North 17'46" ast ft; thnc North 31'33" ast ft; thnc North 66 12'18" ast ft; thnc Northastrly ft alon th arc of a ot radius curv to th lft (cntr bars North 23 47'42" st and th chord bars North 63 20'59" ast ft ith a cntral anl of 05 42'38"); thnc North 29'40" ast ft; thnc North 29 30'20" st 2.38 ft; thnc North 31'42" ast ft;
4 thnc Northastrly ft alon th arc of a ot radius curv to th riht (cntr bars outh 18 52'52" ast and th chord bars North 78 55'04" ast ft ith a cntral anl of 15 35'51"); thnc North 86 42'59" ast ft; thnc Northastrly ft alon th arc of a ot radius curv to th lft (cntr bars North 03 17'01" st and th chord bars North 73 33'05" ast ft ith a cntral anl of 26 19'48"); thnc North 23'11" ast ft; thnc outh 29 36'49" ast ft to th point of binnin. ontains 2,264 quar Ft or crs
5 LL 811 T LT 48 O O TO T NMNT OF N Kno hat's blo. allbr you di. ONTTON. N T TN N N LT LK T , uit 500 andy, T hon: NMK T L 33-0 NVT MNT 1 O TOOL hon: O T N 33-1 VTM NT, N 9 LTON hon: O L LVTON = GO T T N NTOL N N T QT ON TON 7, T4, 1, L&M 34-0 T FL T 2 O M O T hon: V V V V FL hon: V O V O T OO O.N.O V V V V FO: V V M V M V V V M V V V V V V V V O V V V V V V V O O V MK MOK (801) ON: L T G V T T OT LN V T T OT LN ONTT: GN OMN 400 T 80 OT, #3 LT LK T, T V V T T OT LN V V V V V V M V N T G V G V M V OM T V O O V V V V V V V V OM M V G V V V TFF M V V V TFF V V No V V V TFF J K. FO T N F ONL O V ON 34-0 T N 7-32 T 6-00, LL 2 L N V N GL V V T T T GLN V, T GLN KON NFTT O F T FO V OVLL T T OT OT O. 5.9 OZONTL G L 0 OJT NM NT T 4065G 11/16/17 N K TJM Q 240 OJT M JFK ( N FT ) OZ: 1 inch = ft. 1 OF 3
6 LL 811 T LT 48 O O TO T NMNT OF N Kno hat's blo. allbr you di. ONTTON. N 34-0 T LVTON = T QT ON TON 7, T4, 1, L&M LT LK T , uit 500 andy, T hon: NMK GON T TN L TON N T TN N N LTON hon: TOOL hon: FL T 2 M T hon: FL hon: V V V V V V.N.O FO: GN OMN 400 T 80 OT, #3 LT LK T, T ONTT: T OO MK MOK (801) ON: V V V V M V M T T OT LN V V V V V V V G V T No N M F ONL O L N J K. FO T T O F T FO V T TL T T OT T T GLN V, T GLN KON NFTT V M V V V V V V V V V V V V V OT O. 5.9 OZONTL G L 0 30 OJT NM NT T 4065G 11/16/17 N K TJM Q OJT M JFK ( N FT ) OZ: 1 inch = ft. 3 OF 3
7 LL 811 T LT 48 O O TO T NMNT OF N Kno hat's blo. allbr you di. ONTTON. N T TN N N O O T QT ON TON 7, T4, 1, L&M NMK LT LK T , uit 500 andy, T hon: LVTON = O LTON hon: TOOL hon: O O V V V V V V.N.O FL hon: O T hon: FO: V L ONTT: MK MOK (801) ON: T T OT LN V T G V GN OMN 400 T 80 OT, #3 LT LK T, T O V V T T OT LN T O V V V 65 T GLN V, T GLN KON NFTT F ONL O No N L N V V T T J K. FO O F T FO V V T TL T T OT OT O. 5.9 OZONTL G L 0 30 OJT NM NT T 4065G 11/16/17 N K TJM Q OJT M JFK ( N FT ) OZ: 1 inch = ft. 2 OF 3
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