This appraisal report has been made in conformity with the following:
The "Uniform Standards of Professional Appraisal Practice" (USPAP) promulgated by the Appraisal Standards Board (ASB) of the Appraisal Foundation.
City of St. Paul authorization.
This appraisal has been made subject to certain limiting conditions and assumptions as hereinafter expressed. Such facts and information as contained herein were obtained from sources that I consider reliable and are true to the best of my knowledge and belief.
The following report describes my method of approach, contains data gathered in my investigation, and demonstrates my analysis in developing the opinion of market value. I appreciate the opportunity for this assignment and welcome any questions you may have in regards to my analysis.
Respectfully submitted,
DAHLEN, DWYER, FOLEY & TINKER, INC.
Dwight W. Dahlen, MAI SRA
Certified General Real Property Appraiser
MN License #4001430
DWD/dwd
DDF&T File #: 26.236