Tonopah Property Valuation 80
Reconciliation After adjustments, the comparables provide a range from $35,769 to $44,800 per acre, with three of the four sales in the range from $44,741 to $44,800 per acre. Giving greatest weight to the tightest portion of the range, the value of the Tonopah paicel is correlated to $44,000 per acre. Therefore, the opinion of value of the subject Tonopah property in fee simple ownership, as of May 31, 2011 is as follows:
TONOPAH LAND VALUE SUMMARY
Subject Land Area (AC) 1,92 / AC Estimated Unit Value $44000 / AC Market Value of Land as Vacant $84,480 Rounded $85,500
File #11-160B LU8AWY ASSOCIATES, INC. Summary of the Properly Values 81
SUMMARY OF THE PROPERTY VALUES I
The subject properties in Manhattan, Belmont, Carvers, and Tonopah were valued ir this report and the summary of the valuations is as follows:
Opinion of Acres Market Value Manhattan 04-224-07 .22 S20,000 04-262-04 073 $1,500 04-26206 .073 $1,500 04-262-10 .058 $1,500 04—276-03 .147 $1,500 04-277-07 .073 $1,500 04-278-01 .073 $1,500 04-331-07 .073 $1,500 04-332-03 .407 $30,000 04-336-01 .073 $1,500 Belmont 04-535-23 .311 $30,000 Carvers 10-394-03 .71 $17,000 Tonopah 08-021-12 1.92 $85,500
File #71-16GB ]LIJBAWV f ASSOCIATES, INC. Exposure Time and Marketing Period 82
EXPOSURE TIME AND MARKETING PERIOD I
The aforementioned market value opinions have been predicated upon an exposure time of 6 to 12 months. This is the length of hme that the properties would have been exposed on the market to achieve the opinion of market value. The e\posure time is based upon comparable sales data, as vell as on discussions with real estate professionals active in the subject area. The brokers and agents we talked to beJieve that land with realistic market value pricing cou]d possibly be sold within 6 to 12 months.
The marketing period of the subject property has also been estimated at 6 to 12 months. The marketing period is the length of time that the properties would need to be put on the market to achieve the market values. The real estate professionals contacted were of the opinion that the marketing time could be 6 to 12 months if properties are priced at market pricing. The marketing period assumes prudent marketing and an asking price (list price) similar to the concluded market value opinions.
File #1 1-16UB LUBAWY & ASSOCIATES, INC. Addenda
I ADDENDA 1
File Cl-I 608 LUBAWY ASSOCiATES, INC. Addenda
SUBJECT PHOTOGRAPHS
File #11-1608 LUBAWY ASSOCIATES, INC. Addenda
Manhattan subject property Manhattan subject property
•1
Manhattan subject property Manhattan subject property
Manhattan subject property Manhattan subject property
File #11-1605 LIJ[BAWY & ASSOC][AT)ES: INC. Addenda
Belmont subject property Shed on Belmont property
Shed on Belmont property Homes to the north in Belmont
L ‘7t
New home on hillside in Belmont Another view of home to the north in Belmont
File #11-1608 LU]AWV & ASSOCIATES, INC. Addenda
—
—
Belmont town center Belmont courthouse
Belmont ruins Belmont ruins
Belmont saloon Wild donkeys in Belmont
File #11-160B ]LLJ[BAWY ASSOCiATES, INC. Addenda
Church in Belmont Newer home in Belmont
Carvers subject property Carvers subject property
Carvers subject property Interior of Carvers property
File #11-ThOB LU[BAWY ASSOCIATIRS, INC. Addenda
Interior of Carvers property
Tonopab suLect property
File #2i-160B LUBAWY 5 ASSOCIATES, INC Addenda
ENGAGEMENT LETTER
File #11-16013 L1J[BAWY & ASSOCIATES, INC. Addenda
LUBAWY 41 ASSOCIATES, INC. REAl. [STATE APPRAISERS AND CONSULTANTS
APPRAISAL ENGAGEMENT LETTER
D*mor AcREMFnrn May II, )II
PM41rpsTo AC14I+MrnNT: Client: County of Nyc Appraiser Matthew Lubewy. MM P.O. Boic 153 I.ubawy & AssOCiates 104 Radar Road 3034 S Durango II) Tonopati, Nevada 89049 La Veg. NV flt17 Phant flS-422-7WI Tel 4702) 242-9%9 Fax: 775-482-3181 Fax (702) 242.6191 emaIl: ow4ch.mneco.nye.nvu MatL4Lubawy.com
GOVERNING LAW kJURISDICHON: Ibis contract shall be governed. coa.tnwd and interpreted by. through ajid under the tows til the Stale I Nevada. The par&s hereby agne that YeN.. (or any and all disputes related to this Contract shall he i the Filth Judicial District Court of (he State at Nevada, hi and fur the County of Nyc. ‘Tb. parties further agree thai. should it become n.nrnauy for either party hereto to take legal action to enforce ony righls and or obllgat4oos oulliiwd herds., that the prevailing party shall be entitled to rennet Owl, ctmt% to the etcnl provided lOT by law, with each party to bear their own attorney’s tees unless otherwise prnvided for by law.
Ciletil hereby engiges Appraiser in compkie n appraiR.il assignment as follows:
PRoPIRn IOIWflflCAT1ON Manhattan land nchange appnisal. Nye County, Nevada.
PRorEKnnP: Land with ozm• iroprovernenbi to be tchangoI for road .rid utility Imp e.aenwhls to support i water prnject in Manhattan.
INTIHST VAIUEIt Feesimple
T,.TNpF.t, OSLRS: Nyc County Public Works and Robert Bottom NW,: No other NKFI an iwikadgdkv A’rrnwr. 4iiM7 .J.iJI consákr Sir Enfr,islnl uitn .c&n dthnn,o,ng 55w few? W detail to fr pnw4ded i the Apn,na1 Rrp’.l
INTENL,EOUSF: l’.vpeilvexch.ngebetwee,i NyeCsuntyand Ro&rtT3otom * .Mr at Is i,,?rndtd ts .kppvmser. Vw Ifrn*d uw — slated dull 1w u,n A0iOe, s &frntnsng 11w ctipn. cit So’r 1 Ww*,b IWlnssgaNwnl.
TYrE OF VAIIJ As-I, Market Value
DArE OF VALUE: As or the date of lrpection.
OIIMPCODRSYL, 5(31St ioq LAS VIGM Mt VA DA 895]? p;toNrutm2o.ne,rAxoo,),424,
File #11-1608 ILTJ[BAWY ASSOCIATIRS, [NC. Addenda
LUBAWY & ASSOCIATES, INC. RFAI. ESTATE APPHAISIRS ANI) CONSulTANTS
HvI’oTIwflcAtcoNLnnoNs, ISURAORDINARY ASSUMPTIONS: None anIft-ipaled
AppIICASIJ KLQUIII[MEWtS 0fl1LI4 THAN TIlL UNifORM STANDARDS OF rRorrssIoNAL APflAIS4L PRAUTIG (USPAP): The (4e of Prekssio.,aI Ethics imd Standards of PrnfvsicnaI Appraisal Praclice of the Appmisal hatituic
IO4 DEIItANGt) FiR) Vi. Stilt II MS VI (4S Nt VA VA #9T17 P110 Ii (? 2d243n tAx 9O1 143.639,
File #11-160B LUBAWY ASSOCIATES, INC. Addenda
Os L4iduwun 4.r C’wn’Iy ‘uNwMbb
AIaIUTPATEI SCOPE Of I%)RK
Siiiivisrr On,fle
VAlUATION APflOACNE& .k — d qrk’ wtn.?y wk a rwd*
ArPRAISAT REPORT
RErOf(T OniuN tuket rvn. snalyab done rn Summdry lormat
Cowr*cr gw POYtRfl ACCtSS. IF ArpLwflLt N/A
Druvoi PATE June J. 1I I
0wvEIi Mmkm Ekctrunw and haiti cupsn
NOMBI.lc op Cons: PD?! hard copw.
PAVMENr TO APFRAISa
RflAINER None
PAYMENI TERMS; Nil 30 days
flOPCSW IMNOVnIENTh lithe pmpcdy appraised tomàt, at proposed imprnvvnwnts. Client halI provide to Apprnhin pb,. spocifkaticn or othn mtNlta6op suuident to identify the hmt and character ii tbt proposal ITnprovvTnont.
PROPEITIFS UNI)IdR CONTKA(T FORSALE IF the pnc•ity appretied is nirrvndy under nintrart for aIe, (iwnt .haII provide to Appraiser a copy of said conIrtt including all addenda.
CONH DENIM lilY Appraiser d,afl not provide a copy .1 the wHIten AppraisiI Keport to, a Iisdow (1w result, of the appralial prepared in accordance with this Agreement with, any party other than Client unies CUmit authorizes ec-jt as stipulalcti in the Confidentiality Section of 11w En-TICS RUI I ol the Iiniloni. Standard, or Prnfqnional Appraisal Practice (USPAP).
JON S POLiMJ VRWE SurlY a’ lAS WCA NI. VAflA fli U nIIWt OQZJ 747-9369 FAX ff1) 241091
File #1i-160B LIJBAWY & ASSOCIATrS, INC. Addenda
4 Dx tMcbc.. Nyr G’unly P.bIk IWeh
CIIANGIS TO AGREEMEWr Any change. to the a.s4gftnwnt a. aulluwd in this Agreement shau nece*Itdte a iww Agreerneni 11w identity of 11w client thtcntkd user.. intended use; the dale or vaIue type of value; or property appraised rannot be changed without a new Agreem,nL
CANCEL lAflON Client may cancel his Ayeemont at any WilL’ prior to the Appraise.’. delivety of the Appralseil Report upon written notification to the Appraiser. ClIent shall pay Appraiser for work completed on .sslgnnwnt prior to Appraisers receipt of written canc.1Ition notice, unless othenclis. agreed upon by Appraiser and Client in writing.
No Tnitrnpan HLNENCJAKWS Nothing In this Agreenrfl than create a a4ltractual relationship between the Appraise, or the Cieni and any third party. or any cause of action in favor of nny third party. This Agreement thaII not hi caistn,ed to resider any penrn or .,ntftv a third party beneficiary of this Agn.emenl. InrilidinE. but not limited to, any third parties klvnlified hercin
USL OF EMPlOYEES OR INoErFNoIa CONTRACTORS Appraiser may use employees or independent contractors ol Appr.rser. dka.e&,. Incomplete the asslgiinwnt, unIc otherwise agreed by the parties. Notwithstiindlng. Appraiser shall sign the written Appraisal Ripoft and take (is!! rnponslbllity (or the wrvlcn provided as a result of this Agreement
TESTIMONY ATCOURT OR OlIILR PROCEEDINGS Unlea. otherwise .taled in this Agrtemenb Qkni agrees that Appraiser’s assignment pu nuant to this Agreement shall not include the Appraisers p.flldp.tloii in or preparation for, whether vohkntanly or pursuant to ubpoena,. any oral ut wntten discovery, sworn testimony in a judinal. arbitration or adininistralive prckreeding. or attendance atny udicial, arbitnitlon, or administrAtive proceeding relating to this a%signmvnl,
AflRAlSIk lNI)EflNl)lN(t Appraise. cannot agree to pnvidc a value opinion that is contingent ann pndetormined amount, Appraise. cannot guarantee the outcome of the lgnnwnt In advanca Appraiser cannot .rmurr that the opinion at value developed as a result of thi. A.slgnnivnt will tve to facilitate ny specific obfrctlve by Olent or atiwm or advann! any parlkular cause. AppriiisWs opinion of value will be devekped competently mid with indepcndae, impartiality aiid objectivity.
ExPIRATION °‘ AGREMIINT This Agnenwnt Is valid only If signed by h*h Apprai.n and Client wIthIn_j,.days of the Dale of An,’nwnt specified.
M4S OUPAMOI)RIYLSIJITE !k lAS VEGAS,NIVAOAflII7PUON[QW)2424%,MX OO2I24Z4391
File #11-1608 ]LU]AWY ASSOCIATES, INC. Addenda
4 0 Nv. Cowty P.M IV,.i
!jp Appr4ncr: I OIeai, ‘7 t) (%in.gjrr) {SiMIrnr) M.Hhew Iwbawy. MM /3 L/i (Int.d name) (Prinied name) inn p c if —rn ilatr) -
WJ4 PUftAMX) I’RiVI. shIll; 1% IJI L(G45. NI YAltA t9IIPtrOtdL (ml) 243 -9’& FAX fm1)p4on
File #11-1608 JLUBAWY ?i ASSOCIATIES, INC. Addenda
Osca Wkaiia, NW COUNTY PUBLIC WORKS Enflb,g T.th UI Oi.Id Farrlaef m.d.. t,opue osc. 716482-7 301 P—W ThFdIjfr *a owIctimanacanflrIv US
To whop, it nay concern
Nyc County is requcsilng quote br appninl servica for a land exchange adioti In which ital propcsty will he exchanged for Public Road and Utility Easement, in suppon of. waler project in 11w community of Manhall.n. Nevada.
Wcarerquostingthc quote be ieccivcdby the Nyecounty Pwchning Dcpwtnwnt at 101 Radar Road. Tonopth Nevada, no bier han 12:00 noon on Wodnc,day May 13,2011.
Attached to this anail we have peov,dcd a link to the Bornd of County Conmiininncrs agenda with backup Which contains the scope and nature oflhc land exchange and detail, of the lands involv In addition and Mao att.died to this anail are addjuonaj infonnational materials Co naki you in jwovidin an accwNe quolt.
Nyc Candy istcqocins thai the annual(s) (the pnijeco be completed in early June 201 I Should you and your finn find that you an unable 1.1cc on and complete ibis psoject in this time frame please 1wovide pcoposod mndinc to complete the project fbi our considuat,on.
A vest deal of background information k avaIlable to assist Ia expediting this project. sic enosiang, you I. speak with us .bont the lafonnallon provided and supplemental InFonnaIIoi. regarding detail. olihe nslurc .1 land. lathe ‘ow,, of Manhattan. While the APN list appean short, in fact 41) lot. or parcels arc impatted by ihe waler project as illustrated by the attached map. [hi, I. due io Ihe cxhtc.c. of. recorded lot said block byoot for the mis of %ls,ih.ttnn. Ii, which not d the lot. and black, have been sold awn from the undcrIsinR patented mining claim (but nfl he sold all or In part at any lime).
Please provide peuofofgood standing as a conilled appniNer in [lie State of Nevada. Plcaw peodoe pnicvt schedule. Please provide a quote for the cost of Usc prnjat.
Questions rcgwding this qiaoic should be directed to Judy Dodge (Nyc County Purchssingj ph. 775.42.7256 and or Oz Wiebman (Nyc County Public Works) at 77S-4S2.7Ol office, or 175. 209-4201 ccli, Both Judy Dodge and Oz Wichnan will be available for queslions on Monday, Mayø” begirming at 8:30 am. Please call 77S-4S2.7256.
Thank you for your inleresi in this projevt. (List of40 psopeTlica on next page.)
File #11-160B Lfl]EAWY ?i ASSOCKATIBS, INC. Addenda
APIS Iht of cxch.nL1e properly owned by Ny. Cow.?,
04-224-07 04-262-04 04-262-CO 04-262-10 04-277-07 04-278-01 94.331-07 04-332-03 04-336-UI 04-276-03 04-515-23 10.394-03 08-021-12
Propefly owned by Robtul Bottom Inupided by the Manhattan Water Prajnt
Pislvnwd Mining CIaiInR
Canon USMSI6I3 Pinenut USMS 2915 Jackson USMS 2914 Dexter R tisMs 2602
Per Rco.d olsurvcy 200147
b,i6, Block IS Lol 7*8. Block 6 Lot 3,4*5, Block 19 Lot 7,8.9*10, BIod 2’) Lo16&13131ock26
and
Pe the )ackwn Addition (Book C ofSwvvy%, pages I 54 md I 55)
uI .2,344 Block 23 Lot 2.3.4*5, flock 20 Lot 6, Blck 21 Lol 6&7, Block 22
and
mc lank site I.ich 110.9 acl ofiho De*Icr #S palcntcd Mining (lain
2
File #11-160B ]LU)8AWY ASSOCIATIES, NC. Addendq
File #11-160B LU]&kWY t ASSOCLkTES, INC. Addenda
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File #11-1608 [TIBAWY & ASSOCIATES. INC.
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•flKp37 C AS flat ml prop.cty •LLots in (hr cvnt, t Nyc. StaLe n( N,vafla. d,.crIb.d •• foliowsi otr.c. •dQrHS o.,iy to a oflti, 0’ 509 t..i in eRa ‘0 (net Caft.,, nrc.. or in. in In. County 0, Wy. .t•t• Dr fl,.se rn tatt T0,flflip NOflfl, on .. Efla •J •SI MOP. I 1* D01n9 a paining, port I*fl 0’ lOS C.pJ.y, C.I C • Far,.. •s, O.nw.r •no P•yinaster Ost.n lao. Minl,. Claim. ,n •.aLion 24. ?OWnnip ? Worm. .anØ. aft ra.t. banning to In. OrI’oiai #111 of .ai Of tanq on ii• fl the •uraau L•fl4 Management. ae.r,ao a. Poio..
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File #11-160B ILCEBAWY ASSOCj(PTES. INC. ______-
Addenda
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File #11-16GB LUSAWY fi P.SSOCIATES. INC. ______
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File #17-160B LU]AWY ASSOCRAT]ES, [NC. Addenda
File #11-160B LIJ[BAWY 1 ASSOCIAT]6S, INC. Addenda
Nfl COUNTY 11041W OF COMMISSIONERS MEETING 101 Rdar Rd, Tecopab NV S9049 TUESDAY, Msy 3,2011 1010AM
C..7 HeAl., Clii, Lorluida Wld,m.n, VIce-Chiir Joel ICntIq. Comminla., flinch B.rnky, Cemminloact Dan SeNobofra, Cemirn.ao..er Sandra “Sam” I Mallen, Ex-Wilde Oak nUb. Beard
NOTI Iicn L dt psa. .4ib a IIa. may r4 n.cna.iily b oo.dde.td 11w cr IS wt.icb *lwy — the .ja.d. 4OTICI: ka.ddp.frd d fli W.a d1... bdi.i — Ua,4dC - -M. 3 1*11 win. hh ._L.LSS. .I. — Ho.nw,.bnidNn.O) ..tW g._L.3 kkpab.4.lcoddbnrwkdc,n ..a bi bn,fl.ftna. .ndC.dc.n, Ntbdie it i;jfla a — tn• di,.
flak caw.w.s à.rc ‘1w Cowodna, I4.ah, a May 3.2011 .411 be hr ma bo oa ni off di. igaid.. sid be hadc.d to Ibjte udata pa pan,. MthihonsLly, pall. c,aii ottrco mfr, pa ‘m wiN 1w haN dwi*j bia.idad idiot In mc Co.sidak. ua ib. ritI to reö.c Ou. a cc Iit. di. lob time .Dond — plk cceimi, Ti,. iai — pnl,jbi mmI if lb. “m. if the a ha Iqio dia I. Tic. ‘dc* in, — witbi Sc .dbw*y 0< be Cra’. ,w ‘fit. cwa of lb a. .iNfiIy Uniptin of ib. mcá.g by b&ag ind.,. cpdiuo.% ‘iuMnou offamw, nb,n’zay, i,niial n@wig to $non& buef.,4n1 w he .ighis of odin ,nbcr’. Pe.oo. —. rnwit.d In i.ab c. in v.iit1 o. di. pad. learn .r4 .a,a.d than coitsitaN , tbei tan 1 thc Coijwe ødIt MOTh Vp .S p be p t fl Cai — .-_--_I_A_ — • I— 4n —a. P. a — •C. I In — macni n.t aiaai Sr stub.. 11 f.. — — .4 — a — — — htacd — — & —- I_.
PinlaMlo MRS 2411,0. i&Ar. fcc — Contha, M.b.;d.u uk. fdb*%lccIon TOuIqI Convo.C.m 301 Brc.*a Acu Taiopd NV; U.S Pod OlE.., 201 bit Mn Si., Th.apa.NV;C.wmtIain.0, M.cag Race. 101 Rae., R.4 Thacvá, NV: Coij ID) R.dw R.d. Tloct NV; Ti.. Ta Diot Oov.nmg,g can.pla, 320 La. 1mm xjt bIn NV: Cbmmkcanact.’ Cbnbn 2100 W Whim 0th.. PdLn.mp. NV: Naq Judict Can. 426 C A Sa* Bany NV
Siq.cwi doojwaaI, fee die la .q.nb vrn,dod to be Nyc C.’,’.cy Road oFCvai,.a,a, ii ,nfl.bI,io a cF&pisbIit at. Con Mflga.Oftqce(I0l Ride, Road. TocoW Nend.* 2100 F. W.It Wflhnu Utin ?.bnAl Nendi) mnda di. Coa*. *.bsit
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File #11-160B ]LU]AWY & ASSOCIATES, [NC. AdJa!thl
YE COUNTY SOAI1D Of (OMMISSIONEILS AGENDA
ITEM I Mey 3.2OI
Gmy BOIl.. Chair Oweb Basky. Comminio..cr Larind. Wickmw, Vkc-Clwir Dan Scbjnbolea. Commi.a,onc loud EaaI.y, Comminione Sand,. “Sa? Mnlioo. Ez-Officio CIak of thc Iloan)
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NOTiCE OP TIMED AG!NDA ITFMS 10:13gm R To the Ny Cc,iy Bocd of Ro.d CiWan(Aá Ansd)
10 30 .n Raa. 10 the Nyc Cocay’ - d L4aa Board (Agisde Ahcd)
10:45 a Prt,aiwioq , compIeld Pmla .&.d Rocriahon Coimtinian pc’cct*.
Nfl COUNTY BOARD OP COMMISSIONERS
I fldreMIqjsnn
2 AcUon - Approvil of the ApHa F., be Board of Cojanty Coo.mlnbnn mnhiaa r Mey 3,2II.
3 assWn - Appronl .1 Mlniaa of the Bard of Covuly Coetmlnbaen’ methig(.) (or Mirth 14. 2011 S..dst Meetto.; Macrb 25. 21111 Tdecoalantt; Mutt 31. 2111 Tdetoa(trn,ce; Anti S. loll RsnI.r ROtC Ninth,1; md Mill & 1SII Tclccq.fr.-qqce.
I Anrds and Frna6&.
S A.a.a.ctcsa (lint)
GENERAL 7UBLIC COMME(T (fhree-Inte lime 11.11 per pew.) Actie. will — be lake. In III autn ce2ddend flit.1 Ia paled moth .p.dflc.lly bcbd.d a Sn inda n S. .ctle. lie. (flra).
7 ActIot - Emnzency Ilrmi
S Anie. - Cemml.sIo.en’FM.n.irrs Commenl (ihi. ft Ilnilled to t.eaani. er lopIcs’l..nn propond for fuhJre work*bopW.jtndas)
9 Cnse.t Aw.d. llcmi
Flic 411-1508 LLBPtWY ASSOCATIES, INC. Addenda
NYC COUNTY BOARD OF COMMISSIONERS AGENDA ItEM H SUBJECT May 3, 201 I
C. - Discussion, dclihaason. posiblc decision. md dircdion lo staff to appmvc Iwo Ianporazy B&G Manaunce Works III, w comploto the ,Jdrtinj mi the ptopi., pan the pcofs and installing d.c b-il equipment bc tkhtitg the Mullipurpoac Tr.ining Facility on Mquite Avmuc irs Pahmmp Thee positions n be ch4rgcd 10 CPIO3S. Fund 490 Capital Pn4octr
d. - Discussion, ddibcgstio,,, possible dccasion, arid direction to Malt ID sutho,iz. the dvaiisiag mid tilling of the vnt bbtiid Cowi biliff In the PsInmp Di,lsic* Cowi. This posidon became ysesu on Apiji S, 1011 wb the aiiploycc failed Ic meet probedon. Thjs po.hioo cunmily Ii midgetod a Fund 101 GcncnJ however tbWIy In siatain the position in the 2011.2012 meal y, has not been deiamin
e. AA - Dinioe, deliberation, possible decision, nd direction to staff I, authorize the b-hone .dvaflsing and filling of the ‘na Chiof Deputy Asses&or in the Assessor’s office. mis position is vacant di.. to the pcior employee ,tiñng TN. posiimn is budgeted in ftand 101 GcacraL
L - Discussion, delibalon. possible dedskqi, a dinolion to staff to: I) Milbolize two (2) rsew Dcprny Assessor. posinoc. ü, the Assessor. Offi. (NCEA Grade 7); id 2) .ntve he h-hoqs. v4vaiising arid fi11ins of the r.wovcd Dq,Wy Assessor positions. These pomt. me not boded.
26 lnformMIos 1.chqolnj
a. %sjg Discussion. dCIibVThIIOO. a possible decision to psy invoices ftw the Maintenance AsrunIaiI with Swigard H T B, lit in 11w .mmml of 143)2040 from Food 101 Ccnmgcrcy.
27 Nuclear Waste Rqodtory Project 011k-i 28 flsrnilriglaulldliig
29 PublIc Admirsistrator
30 Pnbllc Work,
- Disq,ssiogi, • deliheation, and po.sIc decision rrgardi’,g a requtel to adopt. amaid and odopl, or njni Nyc Coatly Reu,Iullon No. 2011.30: a Rcsolutioi, authorizing ezctismgc the of Nyc County Property for Public Road ad Utility Easements and. wan notag. lank silc in .çpo,i oI1k M.nb.ua, Wa Pr*cI Phase TI. Should the Board appmvc the czchane, • Real hopaly Thnsftr In will apply in 11w ainotml of qymxini.icIy $400 and is budgeted w.du 0T4803 Fund 492. Scfllcnwtit Agrecman. (Due In the size of the [email protected] hued scpnc1y). LU. FaL IL aS &L UaS. hi ii S.nlors.Men
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File #11-160B LUBAWY 5 ASSOC][AT]BS, INC. Addenda
APN liii dná..p pr.çcd) .ned by t4r
- 04-fl4-07 O.tt4c- 04-262.04 oOflRt. 04-261-06 Ofl 04-262-lu O.Ofl 04-27707 O.OlbDt 04-273-Cl o.OflIc. 04-331-07 o.OflAC- 04-312-03 O.40fl’- 04-33641 o.O1Ii... 04-276-03 O.i4As. 04435.23 o.S.I ka. lO-394-C o.1’ A... 4421-12 StP.-
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Per Record of ,.iney 200 47
LoI6BIockl5 o.oflAc.. I,oil&8, Block 16 0. 44A.. Lol3.4&5,Block 19 atbDi.. 341 U.9&lO. Block 29 0. £Q4 L046&I)Block2ó o. fl’S Ac.
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Per 11w kcbon Addilion (Book C of Survtp. p.gcs 54 and I 5$)
Lot I.2.L&4ulockZJ o. tSStQc. Lot 2.L4&$. Block 20 o tq4 A.. 1046, Block 21 o. S7SAC. 6*7. i41 & l.i Block 22 -
The tank ‘ik which ii (19 areil o(thc (inter It pHcrned Mining Claim
File #11-160B LUBAWY t1 ASSOCIATES. INC. Addenda
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File #11-1608 LU[BAWY ASSOCIATES INC. Addenda
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File #11-1608 U1]AWY f ASSOCJAT]8S, INC. Addenda
AC 444.7% Lot ,bc. (NRS 419 204), 444 O%03 I. A mimm,.n arcs nil aczv 41560 .oarr Ictl). including public jrccis md .Jlcs orothcr p411k ngJsof-w.y lands ot ny piwlion hereof abiallmg 0a nwgag ilwoiigb cc wiltnn. bqildjn ii fl reiürcd for he th*allaio., of., irwftvidiaai sc.c disço.J sys*nn on. lot iwd by 0 wrIl.
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a I sn of. nap IbM Is amv on or .ft I. 2.s minimum on of U? &rc (11.1*0 sqauc fed) includigg p.thlk Mrccts ix MIc or other public ngIiIs-of.way. ix Isids porlions ihenof abutliog on. nmnii ‘bough ix lbin a building ‘Ic. is ,tqtwai lbr the insullaixin din iadivi&M scwc diosaI ,plcm oils lot ,crvcd by. immuniIy wan ,upplv IRd ni Ileahh, mdiv Scetgc flispoxal Systcm* Rvg. €c, cit 1962: A and mwibert.J aft I lI-23-12j---(NAC A 0-22-03. RI2-9S. 1-25.99; RIOO-07. lO-3l.27)
St.a.I cc 4’t Ar’..L S 3 fr(4NA-fl AoJ •t 4i. at (1) ALa. so twa Uls +HcM(I-w6s Ate .40+ 4pbAfl (nat t•b1iI +0 u.Lr A 4cni pM .1 414 A Sq:r’t ,sei.t/cxw F.L.
tofl 4AJ A SWt’ i...-’r-s cLos. Ai icn. 444€
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File #11-160B LIIBAWY ASSOCIATES. INC. Addenthi
Pn.a 4 ‘s-s t p -n CA(- C- - A-1a.t 2011 APN Taioble VaIEJ. (cg...i A,w.cota 4o.i&o. &‘. 04-214.07 $s.aco.oo (If’ 04-262-OS 51,6.0o 04-262-06 51,006,00 04.26210 $7fl,a3 04.377W 5i,iag.oo 04-278-at $1,119.00 04-331-07 51,006.00 04.332-03 55,34900 0433601 $1,006.00 04-276-rn $2,903.00 04$35-23 511.09400 10-394-03 $49463.00 08-021-12 S19,394.Oo
Total $102182.00 (at $1.95 pr$S®ofta,.atM. vakje) S394.I
File #11-160B ]LUBAWY ASSOCIAT]8S, NC. Addenda
QUALIFICATIONS OF APPRAISERS
File #11-160B IUBAWY & ASSOCIATES, INC. Addenda
QUALIFICATIONS OF APPRAISER
MATTHEW J. LUBAWY, MAI NEVADA LICENSE A.0000044-CG ARIZONA LICENSE #31821 LUBAWY i ASSOCIATES, INC. 3034 SOUTH DURANGO DRIVE, SUITE 100 LAS VEGAS, NEVADA 89117 TELEPHONE: (702) 242-9369 FAX: (702) 242-6391 COMPANY WEBSITE: lubawy.com e-mail: [email protected]
APPRAISAL EXPERIENCE AND BACKGROUND
Lubawy 2i Associates, Inc. Independent Fee Appraiser and Real Estate Consultant December, 1994 to Present
Independent Fee Appraiser and Real Estate Consultant January, 1992 to December, 1994
First Interstate Bank Staff Appraiser December, 1988 to January, 1992
Independent Fee Appraiser March, 1987 to December, 1988
EDUCATION
University of Nevada, Las Vegas,
Bachelor of Science in Business Administration - Concentration in Real Estate
Bishop Gorman High School, Las Vegas, Nevada
APPRAISAL EDUCATION
2010-2011 National USPAP Update, Appraisal Institute January 2010 Appraising Distressed Commercial Real Estate, Appraisa] Institute July 2009 Understanding the Home Valuation Code of Conduct, Appraisal June 2009 Institute Introduction to Valuation for Financial Reporting, Appraisal Institute June 2009
File $]1-160B LULBAWY & ASSOCIATES, INC. Addenda
Argus Based Discounted Cash Flow Analysis, Appraisal Institute June 2009 National Uniform Standards of Professional Practice Course 400, April 2009 Appraisal Institute Online Scope of Work: Expanding Your Range of Services, Appraisal April2009 Institute Online Rates and Ratios: Making sense of GIMs, OARs and DCF, April 2009 Appraisal Institute Forecasting Revenue, Appraisal Institute October 2008 Law of Easements: Legal Issues & Practical Considerations, August 2008 Lorman Education Services Analyzing Operating Expenses, Appraisal Institute May, 2007 Valuation of Detrimental Conditions in Real Estate, Appraisal Institute April, 2007 2007 National USPAP Update, Appraisal Institute March, 2007 Analyzing Commercial Lease Clauses, Appraisal Institute February, 2007 Analyzing Distressed Real Estate, Appraisal Institute February, 2007 Uniform Appraisal Standards for Federal Land Acquisitions, October 2005 Appraisal Institute Online Analyzing Distressed Real Estate, Appraisal Institute September 2005 Business Practices and Ethics, Course 420, Appraisal Institute September 2005
USPAP Update — Course 400, Appraisal Institute February 2005 Litigation Appraising: Speciaiized Topics and Applications October 2004 Separating Real & Personal Property from Intangible Business Assets September 2003 So. NV Public Land Mgt. Act BLM Appraisal Compliance Workshop May 2003 Income Capitalization March 2003 Appraising Non-Conforming and Difficult Properties March 2003 Appraiser Liability March 2003 2003 National USPAP February 2003 Valuation of Partial Acquisitions, Course 401 through IRWA October 2000
Partial Interest Valuation — Divided, Course A7414 April 2000 Highest & Best Use and Market Analysis March 2000 Subdivision Analysis January 2000 Writing the Narrative Appraisal Report November 1999 USPAP 1999 Revisions A7415ES March 1999 Reporting Sales Comparison Grid Adj. for Residential Properties March 1999
USPAP 1999 Revisions — A74I5ES March 1998 Litigation Appraisal and Expert Testimony June 1997 USPAP (Parts A & B) 1996
Ethics - USPAP Statements March 1995 Comprehensive Appraisal Workshop July 1994 Current Issues and Misconceptions in Appraisal December 1993 Standards of Professional Appraisal Practice, Past B 1992 Land Faire Nevada July 1992 Appraising From Blueprints and Specifications September 1992 Accrued Depreciation September 1992 Standards of Professional Appraisal Practice, Part A 1991 Report Writing and Vaiuation Analysis; Exam 2-2 June 1991 Case Studies; Exam 2-1 June 1991
File #11-1608 LUBAWY & ASSOCIATES, INC. Addenda
Capitalization Theory and Techniques! Fart B; Exam 1-BB june 1990 Capitalizatiun Theory and Techniques, Part A; Exam 1-BA June 1990 Basic Valuation; Exam 1A2 May 1989 Principles of Real Estate Appraisal; Exam IA1 May 89
MEMBERSHIPS AND AFFILIATIONS
Member of the Apprais] Institute (MAT #10,653) Director 2 -2011 President of Las Vegas Chapter 1998/1999 jst Vice President of [as Vegas Chapter 1997/ 1998 2nd Vice President of Las Vegas Chapter 1996/1997
Durango Business Park — Director, President 2007-2011
Nevada State Development Corporation - Director, and Chairman of the Board Greater Las Vegas AssociaUon of Realtors National Association of ReaLtors
Las Vegas Host Lions Club - Director 1996.1997. and 1998 IJNLV Alumni Association ATC2 Alumni Association
TYPES OF APPRAISAL ASSIGNMENTS
Airport Hangars Residential Subdivisions Assisted Living Restaurants Auto Mall Retail Shopping Centers Automobile Dealership Facilities Single-Family Residences Condominiums Special Use Properties Convenience Stores Taverns Golf Courses Townhouses Hotels/Casinos IndustrialBuildings * * * * * * * * * * * * * * Low-Income Housing w/Tax Credits & Bond Financing Condemnation/Eminent Domain Medical Office Buildings Fee Simple Valuations Mini-Storage Leasehold Valuations Multi-Family Dwellings Leased Fee Valuations Professional Office Buildings Feasibility Studies Market Studies
PROMINENT APPRAISAL ASSIGNMENTS
FlotelWCasinos Alexis Park La Bayou Casino Best Western Mardi Gras Inn Mt. Charleston Hotel Binions Horseshoe Hotel/Casino PEs Mining Casino Castawa’s Hotel/Casino Regency Casino (Laughlin) Comfort Inn Saddle West Hotel/Casino
File #ii-160B LUBAWY ASSOCIATES, INC. Addenda
Courtyard by Marriott (Reno) Springhill Suites by Marriott Day’s Inn (Pahrump Station) Sunbird Motel Four Queens Hotel! Casino Thirstbuster’s Casino Golden West Casino Tivoli Motel Hampton Inn Vacation Village Hotel/Casino Holiday Inn Wildfire Casi,o Howard Johnson
Automobile Dealerships Allstate Car Rental Fletcher Jones Mitsubishi Auto Auction Sales Freightliner Truck Sales/Repair Facility Auto Nation Friendly Ford Dealership Ben Stepman Dodge Harley Davidson Sales/Repab Facility Cashman Cadillac Norm Baker Auto Desert Dodge Rick Peet Chrysler Jeep Dodge Falconi Acura
Recreational Uses Black Moujilain Golf Course Millenium Sports Arena Dragon Ridge Golf Course Stallion Mountain Country Club
Special Use Properties Bible Baptist Church Montessori Academy Braggsmith Driving School/ Racetrack Quail Air Center (Airport Hangars) Cheyenne Air Center (Air Hangars) Sahara Surgery Center Friendship Church UMC Quick Care Centers Green Valley Christian Center Victory Christian Church Las Vegas Day School Warren Walker Elementary School Merryhill School Warren Walker Middle School
Re stain a ntsf averns Arby’s Magoo’s BJ’s Lounge Mc Donald’s Carrow’s Mugshots Chicago Brewing Co. Mulligans Chicago’s Own PT’s Pubs Claim Jumper Roadrunner Taverns Denny’s Sean Patrick’s Draft House Smith & Wollensky Hamada’s Taco Bell Harley Davidson Café T-Bird Lounge IHOP Tenaya Lodge Loose Caboose Tommy Rockers
File #11-160B LIJ]BAWY c ASSOCIATES, INC. Addenda
Miscellaneous Aliante (1,900 AC) K-Mart Checker Auto Parts Mountains Edge (3,000 AC) Inspirada (2,500 AC) Northport Bus.Center (400,000 SF Bus. Fk.) Ivanpah Airport (6,000 AC) Providence (1,700 AC) James Hardie Gypsum Mine (979 AC) Tuscany Hills (323 AC)
PARTIAL LIST OF CLIENTS
Financial Institutions American General Realty Advisors independent Order of Foresters American Partners For Life Insurance Tsrae] Discount Bank of New York ARCS Commercial Mortgage Company Key Bank Bank of America, California Keystone Capital Bank of America, Nevada M&T Thunderbird Bank Bank One (Arizona) Marshall and Ilsley Bank One (Texas) Merchants Mortgage & Trust Bank of Las Vegas Merrill Lynch Mortgage Capital Bank of Nevada Midland Loan Services Belgravia Capital Corporation Modesto Commerce Bank California Bank & Trust Nationwide Life Insurance Company California Cho Hung Bank Nevada State Bank Canada Life Assurance Company Northern Trust Bank CIB Bank Pacific First Bank Citicorp, Arizona Pacific Housing City Mortgage PCV Murcor City National Bank PNC Multifamily Capital Consolidated Mortgage Principal Capital Management LLC Credit Suisse First Boston Mortgage Security Mutual Life Insurance Co Criimi Mae Sierra West Bank Deutsche Bank Mortgage Capital Silverstate Credit Union East West Bank Southern Pacific Bank Federal Deposit Insurance Corp. Temecula Valley Bank First Denver Mortgage US Bank First Federal Lincoln Union Planter’s Bank First National Bank United Bank of Switzerland First Security Bank US Savings Bank GE Capital Vestin Mortgage General American Life ins. Co. Ward Cook GMAC Wells Fargo GPM Life Insurance Company Western Capital Imperial Capital Bank Woodmen of The World Insurance Society Imperial Thifft & Loan Zions Bank
Attorneys
File #11-160B LUBAWY ASSOCIATES, INC. Addenda
Anthony Guenthur Jones Vargas Barron, Vivone, Holland & Pruitt Koeller, Nebeker, Carison, & Haluck Beckley Singleton Lionel Sayer Gubiers & Peters Michael Mansfield, Esq. Jeffrey Eskin Michael Pontoni Jeffrey L. Burr and Associates Sanford Scott John Boyer Shea, and Canyon John Erickson Sylvester and Polednak John Peter Lee, Esq. William E. Cooper Law Offices
Government Bureau of Land Management (BLM) Las Vegas Valley Water District City of Henderson Nevada Department of Transportation City of Las Vegas Nevada Division of State Lands City of North Las Vegas NV Energy (Nevada Power Company) Clark County Dept of Aviation Nevada Real Estate Division Clark County District Attorney Nyc County Clark County Public Works Nye County School District Clark County School District Small Business Administration Colorado River Commission Southern Nevada Water Authority Community College of So. Nevada U.S. Army Corps of Engineers Internal Revenue Service
Non-Financial/Private Individuals Becker Realty Nevada Hand Brookhollow Properties Nigro & Associates CB Commercial Pratte Development Chrysler Reaity Corporation Ribeiro Corporation Del Webb Romano Realty Insight Deveiopment Rossum Realty International Bricklayers Union Terra West Development Ken Templeton Realty The Dial Corporation Maury Abranis Company The Walters Group Millennium Properties Triple Five Development Corp. University of Nevada Las Vegas (UNLV)
EXPERT WITNESS TESTIMONY
Qualified as Expert Witness in the Nevada State Court Qualified as Expert Withess in Family Court Qualified as Expert Witness in Federal Bankruptcy Court Jul-il
File #71-160B LULBAWY 1 ASSOCIATES, INC. Addenda
QUALIFICATIONS OF
KENDAI 0. STEWART Nevada Certified General Appraiser #02588
Lubawy & Associafte, Tnc. 3034 South Durango Drive, Suite 100 I_as Vegas, Nevada 89117
APPRAISAl £XPERTENCE AND BACKGROUND
Lubawv & Associates. inc. Independent Fee Appraiser July 2001 to Present
Previously worked, from 1994 — as commercial appraiser with Kenneth E. Lamb & Associates, Inc. Worked, from 197$ to 1986, as Controller and Director of Real Estate Investments for Rea[ty Holdings Group, a real estate holding, property management, and commercial brokerage firm. From 1986 to 1988, worked as a stock broker for Merrill Lynch. From 1988 to 1992 was Senior Vice President of Real Estate Investments for Mthami Development Corporation.
EDUCATION
Brigham Young University — Provo, Utah Bachelor of Science iii Business Administration Major: Finance and Accounting
University of Nevada, Las Vegas — Las Vegas, Nevada Master of Business Administration
Courses Sponsored By The Appraisal Institute
• AppraisaL Principles • Basic Valuation Procedures • Report Writing and Valuation Analysis • Case Studies in ReaL Estate Valuation • Ethics arid Standards 0f Professional Practice
PROFESSIONAL ORGANIZATIONS
Associate Member of The Appraisal Insifiute Licensed Real Estate Broker
Nevada State — Certified General Appraiser
File #11-1508 LUBAWY ASSOCIATFS, INC.