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PERTINENT DATA(cont.) <br /> 4. payment is made in terms of cash in U.S. dollars or in terms of financial <br /> arrangements comparable thereto: and <br /> 5. the sales price represents the normal consideration for the property sold <br /> unaffected by special or creative financing or sales concessions granted by <br /> anyone associated with the sale. <br /> In simple terms, it is the likely selling price of the subject property as of the date of <br /> this appraisal,July 7,2015. <br /> Scope of the Appraisal: <br /> ( This appraisal is intended to be an Appraisal as defined in the Standards of <br /> Professional Practice of the American Institute of Real Estate Appraisers; i.e., it is our <br /> intent that the results of the analysis, opinion, or conclusion be that of a disinterested third <br /> party. It is our intent that all appropriate data deemed pertinent to the solution of the <br /> appraisal problem be collected, confirmed and reported in conformity with the Standards of <br /> Professional Practice of the Appraisal Institute. The extent of the work and the size of the <br /> report are intended to be appropriate in relation with the significance of the appraisal <br /> problem. <br /> C Environmental Disclaimer: <br /> The appraiser is not an environmental engineer. This appraisal is done without <br /> benefit of an environmental audit. This appraisal is not an environmental audit. The value - <br /> conclusions expressed in this report are based on the assumption that there is no <br /> environmental damage. If such damage exists,the value conclusion may be affected. <br /> Function of the Appraisal: <br /> The function of the appraisal is for decision-making purposes by my client, The City <br /> of South Bend Community Investment. <br /> tt <br /> 5 <br /> ij <br /> { <br />