Okaloosa County BOCC — April 15, 2014 — Foy Shaw Road Project SJPA_Sig Resolution_Appraisals_Land Purchase Agreement Letter — reading text

Parcel Naxt Parcel Fisid Osfinitions Asturn te Main Search Okaloosa Home y effort to produce the most accurate information possible. No warranties, expressed or implied, are kaloosa County Property Appraiser's Office makes ever Jed for the data herein, its use or interpretation. The Senior Exemption Does Not Apply to All Taxing Authorities. Just (Market) Value is established by the orem tax purposes. It does not represent anticipated selling price. Working values are subject to change. Website Updated: February 4, ruperty Appraiser for ad val . » fect : ‘ 4’ h © 2011 by the County of Okaloosa, FL | Website design by , public.net . PF 2 {7 014 tp://qpublic6.qpublic.net/fl_disp!ay_dw.php?county=tl_okaloosa&KEY=14-3N-23-0000-0039-0010 2/7/2014 ‘Okaloosa County Building Sketc. Page | of | Okaloosa County Property Appraiser's Office Parcel Number: 14-3N-23-0000-0039-0010 Fraversal information: BAS1993=W66S27E2PTO1998=S | OEAONSEZING W654 SE64N275. Building Number: | Color | Arca Type| | Arca Type Description i [year Bui Iso FT f | BAS | HEATED BASE areal 1993 1782 i [ee foe wf Enlarge ae | | pig 27 2 G4 Fs) " 248 49 fo http://qpublic6.qpublic.net/cgi-bin/okaloosa_sketch.cgi?parcel=14-3N-23-0000-0039-001 0&building=1 { Close Window | Puy eal 2/7/2014 2013 roll details - Real Estate Ac. unt at 5337 FORD, CRESTVIEW 32539 - TaxSys - Okaloosa County... Page | of | os oy Os, L) ¥ <n TR, ; gy 2 3 é Tax Coilacior Homes Seargh Reports Shopping Cart 2013 Roll Details — Real Estata Account At 5337 FORD CRESTVIEW 32539 [__ Latest oil _| Full bill history Real Estate Account #1 43M230000003900 10 . , Parcel details | p Span SOY Rai Owner: Situs. Account number: Alternate Key: Millage code: Millage rate: Assessed value: School assessed value: Exemptions HOMESTEAD EXEMPTION: ADOTL HOMESTEAD, 2013 annual bill Ad valorem: Non-ad valorem: Total Discountabie: No Discount NAVA. Total tax: 2013 | 2012 $469.33 due Paid i 2011 Paid HOWARD RICHARD A & MARSHA 5337 FORD ST CRESTVIEW, FL 325396163 5337 FORD CRESTVIEW 32539 143N23000000390010 1064153 10 - COUNTY 11.2018 63,022 63,022 25,000 13.022 Location is net guaranteed io b€ dccurale. | View Leqal description $378.37 HEl/4 $96.21 474.58 0.00 ae Ale Fay this bill $489.83 https://www.okaloosa.county-taxes.com/public/real_estate/parcels/143N23000000390010 SAL/‘(1 OF NWL/4 1998 Paid Property Appraiser Location Baek, page, item: - Range: 23 Township: 3N Saction: 14 Use code. 0200 Peres 2/7/2014 FR Ilia RE(; 1277 ECoRn:. 3 tp " This inatrument prepared by Mildred A. Gliniecki PG 699 I an Officer of Associated Land Title Group, Inc. 350 ¢. Racetrack Rd NW, Fort Walton Beach, Fla. 32547 for purposes of title ins. 40 ay File nO. 250-6304 W: D ad pe Barcel ID 14 IN 23 0000 0039 arr anty ee TRADE: “grantor” aud “grantee” herein shalt he construed to uiciude all genders anit seangedier oor pobeeretl as Bie Carte eurdwate tt 7) ‘7g yar ; Made this 19th day of August 1993 BETWEEN } ! DAVID A, MCMILLAN AND WFIE CAROLYN G. MCMILLAN i whose post office address ig: 202 Thixd Avenue, Crestview, Florida 32536 ‘ i Okaloosa Florida : of the County of , State of < grantor, and : i RICHARD A. HOWARD AND WIFE MARSHA HOWARD (SS f] ) i ice i whose post office address is: 5337 Ford Street, Crestview, Florida 32536 ! of the County of Okaloosa , State of Florida . grantee, WITNESSETH: That said grantor, for and in consideration of the sumof = pen Dollars, and other good and valuable considerations to said grantor in hand paid by said grantee, the receipl whereof is hereby acknowledged. has grantcd, bargained and sold to the said grantec, and grantees heirs, successors and assigns forever, the following described land, situate, lying and being in Okaloosa County, Ftorida, to-wit: Phe Northeast 1/4 of the Southwest 1/4 of the Northwest 1/4 of Section 14, Township 3 North, Range 23 West, Okaloosa County, Florida. Subject to easements and restrictions of record, if any, which are specifically not extetnded or reimposed hereby. Subjectte 1993 taxes and assessments. 2 ' i j THIS IS A CORRECTIVE DEED TO CORRECT THE LEGAL DESCRIPTION IN THAT CERTAIN H WARRANTY DEED DATED AUGUST 19, 1993 AND RECORDED IN OR BOOK 1769, PAGE 877 } | OF THE PUBLIC RECORDS OF OKALOOSA COUNTY, FLORIDA. j { FILE# 1285530 H 4 OK ALOGSA COUNTY , FLORIDA _ H FupRIQA DOCUMENTARY STAMP ¥ ae sCeseer Sy, RCD: SEP 23 1993 @ 1:13 PM BY LAV IN THE AOTNT OF Ey, fs \ie NEWMAN G BRACKIN, CLERK . CLERK i Be wey | AE : ied COME and said grantor does hereby fully warrant the title to said land, andwwill defend the same against the lawful claims of all persons whomseever. IN WITNESS EOF, Grantor has hereunto set grantor’s hand aad seal the day and ycar first above written. Signed, Scaled and Delivered in Oy Presptice: _ Pe (-thipl VL tal Alias ZA Z Le od David A. McMillan | AER RDU ax 5 a Py ee AAD “ euesten G. McMillan PLEASE PRINT OR TYPE NAME AS IT APPEARS Florida COUNTY OF Okaloosa th i [ HEREBY CERTIFY that on the day of ‘ day of September, 1993 before me personally appeared David A. McMillan and wife Carolyn G. McMillan who is personally known to me or who has produced the identification shown below, who is the person described in and ! who executed the foregoing Instrument, and who, after being duly sworn, says that the execution hereof is his/lier free act and deed for the uses and purposes herein mentioned and an oath was/was not (mark one out) taken. SWORN TO AND SUBSCRIBED before me the undersigned Notary Public by my hand and offrcsat sea), the day tad year last aforesaid. oO ig \ Time own Dall entified by Driver's License ‘ : na Er oa ME LS yi if pe _J EATEN . STATE OF — SL os FE apy npRASSON 0 ‘ Stn: bot r = ance Ot — (dking: ‘ — - wae: te rt Ah YA OLA tL EN My Cammissi —_ FT AU PATON TVA SAME CHT MPT a Cc sion No.: FON 160 ($292) a. oe ee SV S| threunmarien Fe 3 . on ee | ip ; “ al iy i tig H i i ; F in. i ia i i ti He eee een? Qollltvealiaanitt al - i i var i A) _stettinadeen este ah | ae Pee ibd 8 Lie # f i f fs g P i ay hh & a3 iy4 g dtu iy ay mt MERA are: Hine Geis 4 va ew wiit hay Shesee eels we tle a x] i re E GHOUpNIS cxgeages ff Gy TERS e : i cm M0696. 105 i aN : cant 4 are \ 8 Rabie | it TE | ie Hil Pau He | aH Pray aE seth G an i si i ie i ahs agri af i gee Wi rt SALA an all jag | ue | aim ' era ' hi ae : " iakateae! { rae galeria : Lane | -— Tet Rotten qe eine aed fgg Ty 1 ss el ‘ Pu 8 mf oat is nee ne | prt § ' i ® ~~ OO Sametime Reece Sore ates a a 7S O SERISGAMSerucemme: wie: Sas 7 + _ APPRAISAL REPORT FOY SHAW ROAD PROJECT FORD STREET CRESTVIEW, FLORIDA 32539 14136 www. baileyassociatesinc.com B = | 35008 Emerald Coast Pkwy., alie y Suite 201 Destin, Florida 32541 850 650 2882 Phone 850 650 2883 Fax March 5, 2014 Mr. Tracy Stage N. W. Florida Regional Airport 1701 State Road 85 N. Eglin AFB FL 32542 RE: Foy Shaw Road Project Ford Street Crestview, Florida 32539 P.O. #21400797 B&A #: 14136 Dear Mr. Stage: As requested in the letter of engagement, Bailey and Associates, Inc. has completed the review of the Humphrey and Associates, Inc. appraisal report for the above referenced real property. The purpose of the review was to ascertain the accuracy and credibility of the report, determine if the content, analysis and conclusions contained in the report was in compliance with all applicable standards. This appraisal review was prepared in accordance with the Uniform Standards of Professional Appraisal Practice, the requirements of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute. It is assumed that the user of this review has access to the appraisal under review and cannot be reasonably understood without such access, or an intimate knowledge of the property. Please refer to the attached assumptions, limiting conditions and appraisal review report. Based on the review, the Reviewer conciudes the analyses are appropriate, the opinions and conclusions are credible and the value estimated by the appraiser is reasonable. Feel free to contact us if you have any questions concerning the analysis, or if Bailey and Associates, Inc. can be of further service. Respectfully submitted, Kall de Eig. da Ronald Lee Bailey Sr., MAI State-certified General Real Estate Appraiser No RZ2528 14136 www. baileyassociatesinc.com REVIEW ASSUMPTIONS & LIMITING CONDITIONS 11. it is assumed that the buildings which are the subject of the appraisal report are structurally sound, and that the building operating systems are safe, code-conforming, and in good operating order. It is assumed that there are no hazardous materials in or on the subject property which would impact the value conclusions drawn in the appraisal. It is assumed that the data collected by the appraiser, from the subject ownership, management and/or representatives, as well as that from market sources, is accurate. It is assumed that the title to the subject property is good and marketable. It is assumed that there are no transferable mineral, subsurface or air or development rights of value. It is assumed that the immediate capital requirements required by property, if any, are accurate. It is assumed that the user of this review has access to the appraisal that is the subject of this review. Unless stated otherwise in this report, it is assumed that the data provided by the appraisers are representative of the market. The scope of the review process included a desk review of the appraisal. Unless otherwise noted the reviewer made no direct contact with the property owner, management, or representatives. Unless otherwise noted, the reviewer made no direct contact with primary or secondary market sources regarding the subject property or the comparables. This review is prepared for use by the intended user for mortgage loan underwriting purposes. . The review should not be relied upon by others who may not be intimately familiar with the subject property. The Reviewer did not make a personal inspection of the property that is the subject of this review. 14136 www.baileyassociatesinc.com APPRAISAL REVIEW Parties Involved Review Appraiser Client (Intended User) Name Ronald Lee Bailey, Sr. Tracy Stage Firm Name Bailey and Associates Inc. IN W Florida Regional Airport Phone 850-650-2882 850-585-7086 Email ron@baileyassociatesinc.com Fax 850-650-2883 Other intended Users; intended Use, Type and Purpose of Review Other Intended User(s) Okaloosa County Board of Commissioners Intended Use of Review X Quality Control - Audit - Other Type of Review X Desk Review - Field Review - Compliance Review Purpose of Review - Concur With Value or X Determine Compliance - Determine compliance with Report New Value with USPAP Identification of Subject Property (Subject of the Appraisal under Review) Project Name Foy Shaw Road Project Property Address 5337 Ford Street City Crestview State FL Zip Code 32539 Assessor's Parcel # 14-3N-23-0000-0039-001 Owner Occupied or Leased | Vacant Land Interest Appraised X Fee Simple - Leased Fee - Leasehold ; _ 3.07 Ac Site zoned for __ Industrial use, Proposed use Access Road_. Brief Property Description Fhe improvements will represent the highest and best use. Other Items Valued Identification of Appraiser & Type of Report Appraiser alter Humphrey Firm Name Humphrey and Associates City Fort Walton Beach State Florida Zip Code 32547 Certified in Property State? [Florida Type of Report Format Appraisal Report Effective Date of Report 02/12/2014 Report Type Reviewed X_ Appraisal Report - Restricted Use Appraiser’s Reported Value & Assignment Conditions $ Value Effective Date Market Value “As-s” $58,000 02/12/2014 Hypothetical Conditions None 02/12/2014 Extraordinary Assumptions None 02/12/2014 14136 www. baileyassociatesinc.com APPRAISAL REVIEW Scope of Work of the Appraisal Review [x] [This scope of this review included a review of