Okaloosa County BOCC — October 20, 2015 — 150238 CEW Range Signed w Addenda — reading text

Appraisal Journal, July 1997, published by The Appraisal Institute. The article reviews the USPAP pertaining to partial interest valuations and presents market data analyses. It offers a formula with explanation of the variables for identifying and analyzing the factors affecting discounts or premiums of unsyndicated partial interests. Authored “Unsyndicated Partial Interest Appraisals: Before and After the Analyses”, a paper presented at the National Summer Conference of the Appraisal Institute in San Antonio, Texas in June 1998. Authored “Unsyndicated Partial Interest Appraisals”, an edited version of the above paper published in the Third Quarter 1998 issue of the Appraisal Institute’s Valuation Insights & Perspectives. Authored “Tenancy in Common: A Real Estate Appraiser’s Viewpoint,” January-February 2001 issue of Valuation Strategies by RIA in New York. The article offers information and insights for attorneys and accountants. Co-authored “Peace Treaties for Tenants in Common” with Attorney Raymond F. Newman, Jr., July/August 2001 issue of Valuation Strategies by RIA in New York. The article offers insights for drafting agreements for tenancies in common and focuses on minimizing the factors resulting in market discounts. Authored “Ten Questions For Starting On The Right Foot,” January-February 2004 issue of Valuation Strategies by RIA in New York. The article presents ten critical issues to be resolved by attorneys and accountants prior to ordering a real estate appraisal. Authored “Nonconforming Uses,” July August 2005 issue of Valuation Strategies by RIA in New York. The article presents problems associated with nonconforming uses, particularly involving damages and repair. CLIENTS - Non-Confidential Bureau of Land Management City of Crestview City of DeFuniak Springs City of Fort Walton Beach FDIC Freddie Mac Florida DEP Florida DOT Okaloosa County, FL Okaloosa Gas District South Walton Mosquito Control District TIITF/Murphy Act Lands U.S. Air Force U. S. Army Corps of Engineers Humphrey Qualifications - (Continued) . page 4 Town of Cinco Bayou Town of Shalimar Walton County, FL Various Utilities and Fire Districts LITIGATION SUPPORT < Appraisal Defects < Casualty Losses < Chemical Oversprays < Construction Defects < Encroachments < Eminent Domain < Fire Damage < Flood Damage < Land Use Irregularities < Landlocked Resolutions < Limited Partnership Discounts < Non-conforming Uses < Survey Defects < Tenant in Common Discounts < Termite Damage < Title Defects < Water Intrusion < Wind Damage OTHER < Qualified as Expert Witness in Okaloosa, Walton, Escambia, and Santa Rosa Counties, Florida, and Platte County, Missouri Circuit Courts, and the Federal District Court in Pensacola. Participated in court ordered mediation. < Certificate of Completion - Valuation of Conservation Easements Certificate Program < Special Expertise: Valuation/Discounting of Undivided Partial Interests via Sales Comparison < Valuation 2000 Seminar Presenter: “Partial Interests: Theory and Case Law.” < Consultant to the U.S. GAO, GAO-03-404, “Opportunity to Enhance the Oversight of Real Estate Appraisal Industry,” May 2003 < Former Member, Issues Resource Panel, Appraisal Standards Board of The Appraisal Foundation, Wash., D.C. CONTACT: Walter H. Humphrey, MRICS Humphrey and Associates, Inc. 906 Mar Walt Drive - Unit G Fort Walton Beach, Florida 32547 Land Line 850 862-0766 Fax Line 850 862-8771 Cellular 850 585-9976 Email bluechip25@aol.com