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PURCHASE AGREEMENT <br />THIS AGREEMENT entered Into this <br />day of <br />• 1 • ` 91` • • ' .1§101MR11,10,001aP : D1 <br />in rendering my opinion, of market value 1 am guided by the <br />following definition of market value. Market value is the highest <br />price estimated in terms of money which the property will bring if <br />exposed for sale in the open market with a reasonable time allowed <br />to find a purchases.' buying with knowledge of all the uses to which <br />it is adapted and which it is capable of being used. Mt is mar <br />opinion that the fair market value of the vacant lot at the South <br />East corner of Colfax Ave. and the Chapin Innerbelt is Fifty <br />Dollars ($50.00). <br />Legal Description: <br />Lot Size: <br />Assessed Value: <br />Date of Appraisal: <br />The remaining portion of Lot 6 <br />Mary Whitherill's Sub. of DOL 32 <br />29.71 x 198 <br />$70.00 <br />July 7, 1975 <br />Philip M. Oestricher <br />Appraiser <br />r <br />