HomeMy WebLinkAboutR-2015-043 - Executed a Commercial Real Estate Purchase & Sales Agreement with Rolly Marine Service not to exceed $10,000 & Granted a QuitClaim Deed to Rolly Marine from the City RESOLUTION NO. 2015-043
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA, AWARDING A BID TO, AND AUTHORIZING THE
PROPER CITY OFFICIALS TO EXECUTE A COMMERCIAL REAL ESTATE
PURCHASE AND SALES AGREEMENT WITH, ROLLY MARINE SERVICE,
INC., NOT TO EXCEED THE BID AMOUNT OF TEN THOUSAND
DOLLARS ($10,000.00); AND FURTHER, AUTHORIZING THEM TO
EXECUTE AND GRANT A QUITCLAIM DEED TO ROLLY MARINE
SERVICE, INC ("ROLLY") FROM THE CITY OF DANIA BEACH,
FLORIDA,; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR
AN EFFECTIVE DATE.
WHEREAS, the City of Dania Beach, Florida, advertised the availability of a parcel of
land that was declared surplus by the City Commission (pursuant to Resolution No. 2015-014
adopted on February 24, 2015), and advertisements were published on March 26 and April 2,
2015, as prescribed by the City Charter, and in which bids to purchase the property were sought
by the City (all as shown on the attached composite Exhibit "A", which is made a part of and
incorporated into this Resolution by this reference), and only one (1) bid was received by the
City on April 8, 2015; and
WHEREAS, the bid includes a commitment to erect a fire wall separating Rolly and the
Secret Woods Nature Park, which wall will be of mutual benefit by providing fire protection to
the City, Rolly and Broward County, which owns and operates the Park; and
WHEREAS, it is recommended and advantageous for the City to award the bid to Rolly;
NOW,THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH,FLORIDA:
Section 1. That the foregoing "Whereas" clauses are confirmed to be true and
correct, and they are made a part of and incorporated into this Resolution by this reference.
Section 2. That the City Commission awards the bid to and authorizes the proper
City officials to execute a Commercial Real Estate Purchase and Sales Agreement with Rolly
Marine Service, Inc., not to exceed the bid amount of Ten Thousand Dollars ($10,000.00) to
include a commitment of Rolly to erect the fire wall at its sole expense, and further, such
officials are authorized to execute and grant by quitclaim deed the property to Rolly.
Section 3. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 4. That this Resolution shall be in force and take effect immediately upon its
passage and adoption.
PASSED AND ADOPTED on May 12, 2015.
ATTEST:
LOUISE STILSON, CMC O A. SALVINO SR.
CITY CLERK AYOR
APPROVED AS F AND CORRECTNESS:
THOM S J. A SBRO
CITY ATTOINEY
2 RESOLUTION#2015-043
NOTICE OF PROPOSED SALE OF SURPLUS REAL PROPERTY OWNED BY THE
CITY OF DANIA BEACH,FLORIDA
THIS IS A NOTICE OF A PROPOSED SALE BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA, REGARDING A PARCEL OF LAND
(CONSISTING OF 16,857 SQUARE FEET, +/-, WHICH IS THE EQUIVALENT OF
0.387 ACRES, +/-) LOCATED BETWEEN THE SECRET WOODS NATURE PARK ON
THE WEST SIDE (2701 WEST STATE ROAD 84 IN DANIA BEACH, FLORIDA) AND
ROLLY MARINE SERVICE COMPANY (2551 STATE ROAD 84, FORT
LAUDERDALE, FLORIDA) ON THE EAST SIDE, SUCH LAND REFERRED TO AS
THE "PARCEL" IN THIS NOTICE, ALL OF WHICH PROPERTIES ARE LOCATED
ADJACENT TO AND NORTH OF STATE ROAD 84.
NOTICE IS GIVEN that the City Commission of the City of Dania Beach, Florida,
proposes to sell property identified above as the Parcel (located at and between the Park and
Company sites identified above). It is offered for sale to the public.
The Legal Description of the Parcel is as follows:
A PORTION OF TRACTS 1 AND 4, PLAT OF A PART OF GOVERNMENT LOT NO. 1,
ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 14, PAGE 21,
BROWARD COUNTY RECORDS, DESCRIBED AS FOLLOWS:
BEGIN AT THE SOUTHEAST CORNER OF SAID TRACT 4, THENCE ALONG THE
SOUTH LINE OF SAID TRACT 4, SOUTH 88°38'18" WEST 17.34 FEET; THENCE NORTH
03026'07" WEST 733.0 FEET; THENCE NORTH 41033'53" EAST 15.94 FEET; THENCE
NORTH 03001'24" WEST 183.54 FEET; THENCE NORTH 42°00'08" EAST 15.73 FEET;
THENCE ALONG THE EAST LINE OF SAID TRACTS 1 AND 4, SOUTH 03°02'27" EAST
939.49 FEET TO THE POINT OF BEGINNING.
SAID LANDS SITUATE, LYING, AND BEING IN THE CITY OF DANIA BEACH,
BROWARD COUNTY, FLORIDA AND CONTAINING 16,857 SQUARE FEET (0.387
ACRES)MORE OR LESS.
Sealed bids, accompanied by a bid deposit of ten percent (10%) of the bid price in the
form of a cashier's or certified check, must be submitted to Louise Stilson, City Clerk, 100 West
Dania Beach Boulevard, Dania Beach, Florida 33004, on or before, and no later than, 10:00
A.M., on Thursday,April 9, 2015.
The value of the property, effective as of September 17, 2007, when an appraisal of the
property was performed,was Fifty Four Thousand Dollars ($54,000.00). A copy of the appraisal
is available for inspection and copying at the City Clerk's office during normal business hours.
The City may sell for cash to the highest bidder; provided, however, that the City may
reject any and all bids, as provided by the City Charter of the City of Dania Beach„Florida.
Any questions relating to the sale may be directed to Tom Ansbro, City Attorney, for
responses at(954) 924-6800,Ext. 3632.
/ss/Louise Stilson, CMC
City Clerk, City of Dania Beach,Florida
Publication Dates: Thursday,March 26, 2015
Thursday,April 2, 2015
RESOLUTION NO.2015-014
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA, DETERMINING THAT A PARCEL OF REAL
PROPERTY (CONVEYED TO THE CITY BY BROWARD COUNTY, LYING
ADJACENT TO SECRET WOODS NATURE CENTER PARK), LEGALLY
DESCRIBED IN EXHIBIT "A" (A COPY OF WHICH IS ATTACHED AND
INCORPORATED INTO THIS RESOLUTION BY THIS REFERENCE), IS
SURPLUS PROPERTY; CONFIRMING THAT AN APPRAISAL OF THE
REAL PROPERTY HAS DETERMINED THE VALUE OF THE PROPERTY
IDENTIFIED IN EXHIBIT "A-1"; AUTHORIZING NOTICE OF SALE TO
THE PUBLIC TO BE PUBLISHED AND PROVIDING FOR RECEIPT AND
ACCEPTANCE OF SEALED BIDS, ALL AS PRESCRIBED BY PART X,
ENTITLED "MISCELLANEOUS PROVISIONS", ARTICLE 2, ENTITLED
"SALE OF PUBLIC PROPERTY", OF THE CITY CHARTER; PROVIDING
FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, Part X, Article 2, of the Charter of the City of Dania Beach authorizes the
City Commission to exchange, sell or convey real property acquired by the City if it is
determined by the City Commission to be surplus real property; and
WHEREAS,the City has determined that a parcel acquired from Broward County,(lying
adjacent to Secret Woods Nature Center Park), should be determined to be surplus and offered
for sale to the public; and
WHEREAS,the land has not been used by the City, and is not needed for City purposes;
NOW,THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH,FLORIDA:
Section 1. That the parcel described in Exhibit "A" is determined to be surplus
property. The improvements on the property are described in Exhibit"A".
Section 2. That an appraisal of the real property by a qualified state certified real
estate appraiser determined the value of the property to be as shown in Exhibit"A-1".
Section 3. That the City Administration is directed to offer the parcel for sale to the
public and receive sealed bids, pursuant to the procedure specified in Part X, entitled
"Miscellaneous Provisions", Article 2, entitled "Sale of Public Property", Section 2, entitled
"Notice of Sale"in the City Charter.
Section 4. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 5. That this Resolution shall be in force and take effect immediately upon its
passage and adoption.
PASSED AND ADOPTED on Februa 24, 2015.
ATTEST: 00pRn's
04
LOUISE STILSON,CMC C . SALVINO, SR.
CITY CLERK ! MAYOR
"�+tA1ED 19�`
APPROVED AS TO F RM AND CORRECTNESS:
THOMAS J. BR
CITY ATT019EY
2 RESOLUTION$2015-014
EXHIBIT"A"
LEGAL DESCRIPTION:
A PORTION OF TRACTS 1 AND 4, PLAT OF A PART OF GOVERNMENT LOT NO.
1,ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 14,
PAGE 21, BROWARD COUNTY RECORDS, DESCRIBED AS FOLLOWS:
BEGIN AT THE SOUTHEAST CORNER OF SAID TRACT 4, THENCE ALONG
HE! SOUTH LINE OF SAID TRACT 4. SOUTH 88°38'18" WEST 17.34 FEET;
THENCE NORTH 03"26'07" WEST 733.00 FEET; THENCE NORTH 41'3N53"
EAST 15.94 FEET; THFNCF NORTH 03'fW24" WEST 183.54 FEET;THENCE
NORTH 42'00'08" EAST 15.73 FEET; THENCE ALONG THE EAST LINE OF
SAID TRACTS 1 AND 4, SOUTH 03°02'27" EAST 939.49 FEET TO THE
POINT OF
BEGINNING,
SAID LANDS SITUATE, LYING, AND BEING IN THE CITY OF DANIA BEACH,
BROWARD COUNTY, FLORIDA AND CONTAINING 16.857 SQUARE FEET (0.387
ACRES) MORE OR LESS.
3 RESOLUTION$2015-014
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RESOLUTION$2015-014
APPRAISAL REPORT
13,880 Square Feet of Land
In Secret woods'Park west of Rolly Marine Facility
DANIA BEAC3,FLORIDA 33312
by
i
Vance Real Estate Service
7421 Northwest Fourth Street
Plantation,Florida 33317-2204
for
Rolly Marine Service
28M W.State Road No.84
Fort Landerdale,Florida 33312
i
I
September 17,2007
ANCE
Vance Real Estate Service
September 17,2007
Rolly Marine Service Facility
2551 State Road No. 84
Fort Lauderdale,Florida 33312
RE: Appraisal of 13,880 Square Feet of Land on West Side of Property
(Complete legal description included in report)
Ladies and Gentlemen:
In fi,Omen+ of our agreement, I transmit my Summary Appraisal Report, in which I develop an
opinion of current market value for the referenced 13,880 square feet of land as of September 17,
2007. The report sets forth my value conclusion, slang with data and reasoning supporting my
opinion,and contains 50 pages,plus Addenda.
This report was prepared for Rolly Marine Service Facility. It is intended to be used in negotiations
with Broward County,Florida for rights to continue utilizing the property for the existing use as part
ofRolly Marine Service Facility.It is not intended for any other purpose.
Jesse B. Vance,Jr. visited the property. If you have questions or further needs,please contact the
undersigned
As a result of my analyses,I have developed the opinion that the market value, subject to definitions,
certifications,and limiting conditions set forth in the attached report,is:
FIFTY FOITR THOUSAND DOLLARS
(TfdSLE UAffSTRF.IILlINATTACffiDT0THEREPORT, WITN50PAGASPLUSADDENDA,FOR THEVALVE
OPROONSETFORMTO RE CONSIDERED VALID.)
RespectT.Jr.,
4JB. L ASA
Appraiser#RZ-85
NMA
REAL ESTATE MANAGEMENT AND DEVELOPMENT
7421 Northwest a Street,Plantation,FL 33317-2204 954/583 2116 Fax 954/583-5809
TABLE OF CONTENTS
Pate Number
Title Page i
Letter of Transmittal
Table of Contents
INTRODUCTION
Photograpphs� of the Subject Property 1
LocationlViapp 8
1-34 Mile ISemo c Daffi Property
Aerial Photo��Aerial Showrng _ub' Area Zonings 10
Sury of Appraise Property 12
LegalDescnption of Ap Property 13
Survey of NW Portion o Rolllyy Manz' eFacility 14
Survey of SW Portion of Roily Marine Facility 15
Summary of Important Facts and Conclusions 16
DESCRIPTIONS.ANALYSES.&CONCLUSIONS
Identity of Client and Intended User
Intended Use 17
Identification of Real Estate Appraised 17
Real Property Interest Appraised 1 18
Appraisal Purpose and Definition of Market Value 18
Effective Dates of the Appraisal and Report 20
Scope of the Appraisal 1 20
Summary of Information Considered 20
Property History 21
SALES C MPARISON APPROACH
us OU
Comparable Land Sales Photos,Deeds,Plats 22
LandpSale Comparison Chart 47
RECONCILIATION AND FINAL VALUE OPMON 48
Certification and Limiting Conditions 49
ADDENDA
Copy of"S-2"Zoning Ordinance
Copy�of 2006-2007 USPAP Standards Rules 2-2
Qualifications of the Appraiser
ANCE
INTRODUCTION
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Executive Summary
Prepared by Vance Real Es1alle Service
2551 SOW 84 2551 aft 84 2551 Oft 84
Marine Mile Dania Bsae14 Fl.33312 Dania Bsnch,Fl.33312 Dania Beech,Fl.33312
SaeType: Radius Radius: 1.0 mile RedAts:3A nt9s RsdkuL 8A mile
2007 d Population
Total Pbpt elm 100,379 318,347
at
Mani Population 53.3% 52.1% 50.0%
Fornals Population 46.7% 47.9% 50.0%
Median Age 43.0 38.4 38.7
2007 hneame
Median HH 4xams s68,099 0OA04 045,133
Per Capita Income $300490 023011218 $M,418
Aw rage HH Income 00%472 $50oM4 $63,770
20M Households
Total Households 2,884 A527 126,116
Average Household Size 2.27 2.52 2A8
1990.2000 Annual Rate 0.08% 0.38% 0.6%
2W Housing Owner Occupied Housing Units 51.9li 661% 154 3%
RentsrOccupled Housing Units 31.7% 34A% 34.6%
voc nt Housing Units 1 aA% 10A% 11.1%
Population
190 Poptdatat aim 91,720 283.109
2000 Population 6.786 95,192 300,208
100,379 310,347
21 20 Population 8.757 104,050 331,802
1990-2000 Annual Rate -0.33% 0.37% 0.59%
2000-2007 Annual Rate 1.99% 0.85% aim%
2007-2012Annual RMe 0.64% 0.72% aA2%
In the iden0 W market was,00 current year population is 318,347.In 2000,tie Ceres cant In the market arse was 300,208.The rate of
change since 2000 was 0.94 percent annually.The five-year projection for the population in the market area is 331,602,representing a
lunge of 0.82 percent annually Dom 2007 to 2012.Curer vft the population 1e 50.0 Percent male and 50.0 PK0WA%masts.
Households
1990 Households 2,481 3502 113,005
2000 Households 2,497 36,579 119,914
2007 Households I 2,854 38,527 125,116
2012 Households 2.973 39,977 131.190
1990-2000Mnuid Rate j 0.06% 0."% 0.0%
2000-2007 Annual Rats 2.3M OA3% 0.81%
20072012Annual Rats 0.61% 0.74% 0.78%
The household count in this market arse has charged from'119,914 In 2000 to 126,116 In the current year,a change cf 0.81.percent
annually The Me-year projection of twwetaMs Is 131,199,a change of 0.79 percent annua8y mom as cumsnt year tom.Avwags hnrwehoid
size Is cumw*2A8.compared to 2.4e in to year 2000.The reanber of families in the Currant year Is 71,449 In therms area.
Housing
Currently.54.3 percent of the 141.789 housing units in the market arse we owner ocoupierk 34.6 percard.renter occupied;and 11.1 pomord
arc vacant.In 2000,tare were 134.310 housing urita-53.1 percent owner coatpied,36.2 percent rerdar occupied and 10.7 percent vacert.
The rats of change In housing units since 2000 is 0.87 percent Median home value In the..= area In 0253,6la,compared to a median
home value of$181.127 for the U.S.in tvs years,median home value is prcjertad to change by 2.99 percent annus0y b 0293A86.From
2000 to to Current yew,rrhedlarl torte value changed by 16.72 percent annua8f
erauesah OSAr,sedsaerb�deaP�aeararrYaerMrSrtOnaM.gWra7aldra�0omm�p CIA="" MTmsfe> ftgoId2
8
Executive Summary
Prepared by Vance Real Estate Service
25513ft 84 2851 3t y 84 2551 SOW"
kwra Nis Dania Basch,FL 33312 Dania Beach,FL 33312 Dania�,,L3FL 3�12
S� � Radium: 1.0 mite Radium: &0 mle
Median Household inecahe $26.052 526,762
1990 Median HH Income $31,683 �721 538,311
2000 Vadon HH hems $45.804 $45.163
2007 Median HH Inoorrne �•099 SSL,567
2012 Me HH WWI* $�,
dlar 3.49% 3.1%
1990-2000 Annual Rate 3.97% 3.66%
2000-2007 Annual Rate 3A% 3 89L
2007-2012 Annul Rate 2.66% 3.12% 3.09'lri
PerCap
income $16.884 $1 humuns3.067 $14,l162
2000 Per CapitaItcorne $24,143 $19,425 $20.902
MGM 1 2007 Par Cmpite $30'490 S27,681 $29,774
2012 Per Capita khcorle ' 4�% 3.4%
1990-2000 Annual Rate 3.64% 3.18%
2000-2D07 Annual Rah 3 8% 9.19%
2007-2012 Annul Rah 3.2% 3.22% 9 21 X
Average Household Income
�1 $97,1N
1990 Average Household Income $40,474 $37.169
2000 Average Household Income $57,105 $49.128 $51354 ,564
770
2D07 Average HH Income i89,472 ' $74,857
2012 Average HH Income $81,403 $70,742 9.33%
1990.2000 Annual Rah 3 5% 4.35 35% 3.48%
%
20 -2007 Annual Rate 3.19% 3
00
2007-2012 Annual Rats 3.22% 32M ��'
Hohwehelde by IncomeCurrent _
projsdad�be S52r587 in iM Years household income to 2000,153 m dis market arms.compared to an household moot $36,3i 1.compared to$26,762 households.
In 1990. n household Ytoorna is
Currant average household inWrW IS
this market or'",compared
is projected to be$74 857 in 1M years 2000,naverage household name wa$51.564,compared lo$37.1 N in1900. M income
Currant per spits Income is$26.416 in the market area,compared to the U.S.per Capita income Of$27,064.The par cept•iKxwno Ia
projected to be$29,774 In five yews.In 2000,the per capita frown was$20.902.compared to$14,962 in 1990.
Population by Employmterd
Total Businesses - i 266 5,313 13,844
52,889 108,991
Tohl Empbyess 2.438
Currently,93.9 percent of the civ0tan labor face In ft kiend&W market arse Is employed awed 6.1 percent mrs unemployed.in comparison,
93A percent of the U.S.civa.m labor force is employed,and 6.6 percent are unemployed.In five yaws the rate of employment In the musket
area will be 94.8 percent of the civilian labor ftvxk and unempicirmant will be 62 percent.The peroerhtege of me U.S.civilian labor toms that
will be employed in fire years Is 93.8 percent,and 82 percent coil be haemtployed.In 2000,64.0 percent of the population aged 16 years a
older In the market area psrtldpatad In One labor foram,and 0.1 percent were in the Armed Foroma
In the current yaw.the oc*4mffi nml distribution of the employed population Is:
m 54.9 percent in white caller Jobe(compered to 60.6 percent of U.S.employment)
.21.6 percent in service jobs(compered to 16.4 percent of UA employment)
•23.5 percent in blue collar jobs(compared to 23.1 percent of U.S.employment)
In 2000,75.9 percent of the market area popubdon draw alone to work,and 2.5 percerht worked at home.The average travel d"to work in
2000 was 25.5 minutes in die market area.compared to the U.S.average of 25.5 minutes.
i
Population by Education
In 2000,the educational attainment of to population aged 25 yeare or older in the market area was distributed as follows:
M 24.6 percent had not samed a high school diploma(19A IpemaM in the U.S.)
m 28.9 pereernt were high school graduate$only(28.6 percent In the U.S.)
•8A pennant had completed an Associate degree(6.3 percent in the U.S.)
m 13.0 percent had a Bachelors degree.(15.5 percent in the U.S.)
. 7.5 percent had earned a Mast rV13rofsesicneWoCbrats Degree AS percent in the U.S-)
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ZONING DESIGNATIONS FOR SUBJECT AND VICINITY
Secret Woods Park:Zoning:"S-2"Open Space(Dania Beach)
Land Use Plan: "5"Conservation—Natural Reservations
Rolle Marine:Zoning:"B-3"Heavy Commercial/Ught Industrial Business(Ft Lauderdale)
Land Use Plan is"I"Industrial
ANCE
i
SUM ARY OF IIKPORTANT FACTS AND CONCLUSIONS
PROPERTY APPRAISED: avg. 14.99 feet x 925.99 feet land parcel within
Secret Woods Park site located adjacent to Rolly
Marine Service Facility on the east
OWNERSHIP: Broward County,Florida
LAND AREA: 13,990 square feet
i
IM PROVENWMS: Valued"as-ir vacant
i
ZONING: "S-2"Open Space
APPRAISAL PURPOSE: To develop an opinion of market value
INTEREST APPRAISED: Fee Simple,subject to zoning and other regulations
CURRENT USE: Valued"as-if"vacant
HIGHEST AND BEST USE: Any use permitted in"S-2"zoning(see zoning in
Addenda)
VALUE OPINION:
VALUE BY THE SALES COMPARISON APPROACH: MAMM
FIFTY-FOUR THOUSAND DOLLARS
VALUATION DATE: September 17,2007
ANCE-
16
DESCRIPTIONS,
A NALYSES,
CONCWSIONS
SUMMARY REPORT
This is a SUMIISARY REPORT that complies with Standard Rule 2-2(b) of the
Uniform Standards of Professional Appraisal Practice(USPAP,2006-2007).
2-2(b)rz) State the identity of the client and any intended users; by name or type;
The client and the intended user is Rolly Marine Service Facilky and its
designees.
2 2(b)(d) State the intended use of the asppra i=4-
The appraisal is to be used in negotiations with Broward County,Florida for the
right to continue utilizing the site for existing uses.
2-2(b)(iii) Summarize information suffldent to identify the read estate involved in
the appra!=4 fncludIng thephysical and economicproperty
characteristics relevant to the assignment;
Owners: Broward County,Florida
Property Location: Adjacent to the NW property line of Rolly Marine.
The land is conservation designated.
Legal Description: See survey and written description in report.
Real Estate Tax: �Vot taxable—Broward County Park
Zoning: 'IS-T' Open Space
Site Description: The vahwd land strip of approxnnately 26 feet wide
by 926 feet long 00)totals 13,880 square feet and
is cleared of trees and shrubs. The site is valued *'as-
if'vacant with no improvements thereon. Elevation
is about the same as the improved property to the
east indicating that it has been filled
Flood Zone: "AE",Panel 1250930306F subject to 100 year flood
-*4\FNCE
1� .
SUMMARY REPORT
2-2(b)q ) Summarize information su,,Q`icient to identify the real estate involved in
the appraisal, including thephysical and economic property
characidio d relevant to the assignment(continued)
Access: Except for current access via the Rolly property
bordering the property to the east, the site is a
conservation tract not permitting access.
Easement~ There is an FPL powerline easement on the site
2-2(b)(10) State the real property interest appraised;
A person who owns all the property rights is said to have fee simple title. A fee
simple title implies absolute ownership unencumbered by any other interest or
estate. Currently Broward County holds fee title to the property as a county
park, subject to restrictions of zoning and conservation. This is the interest
appraised.
2-2(b)(v) State the type and definition of value and cite the- source of the
def union;
The purpose of the appraisal is to develop an opinion of the market value of the
subject property as of September 17,2007.
USPAP Market Value Diiwumion
MARKET VALUE:a type of value;stated as an opinion,that presumes the transfer of a
properly(i.e.,a right of ownership or a bundle of such rights),as of a certain date,under specific
conditions set forth in the definition of the term identified by the appraiser as applicable in an
appraisal.
Comment Forming an opinion of market value is the purpose of many real property appraisal
assignments,particularly when the client's intended use includes more than one intended user.
The conditions included in market value definitions establish market perspectives for
development of the opinion.These conditions may vary from definition to definition but
generally fall into three categories:
ANCE
18
SUMMARY REPORT
1. the relationship,knowledge,and motivation of the parties(i.e.,seller and buyer);
2. the terms of sale(e.g.,cash,cash equivalent,or other terms);and
3. the conditions of sale(e.g.,exposure in a competitive market for a reasonable time prior to sale).
General USPAP Comments on Market Value Definitions
Market value appraisals are distinct from appraisals completed for other purposes because market value
appraisals are based on a market perspective and on a normal or typical premise. These criteria are
illustrated in the following definition of Market Value`, provided here only as an example.
Market value means the most probable price which a property should bring in a competitive and open
market under ant conditions requisite to a fair sale, the buyer and seller each acting prudently and
knowledgeably, and assuming tihe price is not affected by undue stimulu& lmpllct in this definition is the
consummation of a sale as of a specified date and the passing of We from seller to buyer under
conditions whereby.
1. buyer and seller are typically motivated;
2. both parties are we//informed or well advised and ailing in what they consider their own best
interests;
3. a reasonable time is allowed for exposure in the open market;
4. payment is made in terms of cash in U.S. dollars or in terms of financial arrangements
comparable thereto;and
5. the price represents the normal consideration for the property sold unaffected by specie/or
creative financing or sales concessions granted by anyone associated with the sale.
"This example definition is from regulations published by federal regulatory agencies pursuant to
Title XI of the Financial Institutions•Reform,. Recovery, and Enforcement Act (FIRREA) of 1989
between July 5, 1990, and August 24, 1990, by the Federal Reserve System (FRS), National
Credit Union Administration (NCUA), Federal Deposit Insurance Corporation(FDIC), the Office of
Thrift Supervision (OTS), and the Office of Comptroller of the Currency (OCC). This definition is
also referenced in regulations jointly published by the OCC, OTS, FRS, and FDIC on June 7,
1994, and in the Interagency Appraisal and Evaluation Guidelines,fluted October 27, 1994.
Florida Court Definition "Market Value is the price that a seller willing,but not compelled to
sell, and a buyer willing, but not compelled to buy, would agree to in fair negotiations with
knowledge of all the facts."[Source:Fla.Power&Light Co.. v.Jennings, 518 So.2d 895(Fla
1987)]
Internal Revenue Service Revenue Ruling 59-60: Fair Market Value refers to "the price at
which property would change hands between a willing buyer and a willing seller when the
former is not under any compulsion to bury and the latter/s not rider any compulsion to sell,
both parties having reasonable knowledge of relevant facts"
ANCE
19
SUMMARY REPORT
2 2(b)(vi) State the effective date of the appraisal and the date of the report•
A)Appraisal: September 17, 2007
B)Report September 17, 2007
2-2(b)(s ) Summarize suffuient information to disclose to the client and any
intended users of the appraisal the Scope of Work used to develop the
appraisal;
The appraiser personally inspected and took pictures of the site(see pictures in
report). A parcel-by-parcel search was made via GIS imagery of areas in
Broward County possessing wetlands,powerline easements, and other sites with
Developmental limitations.Data sources were researched and checked in the
public records and by personal verification. The four sales located were all the
sales resulting from the wide search. The final valuation utilized all four sales.
2 2(b)(vifi) Summarize the information analyzed, the appraisal methods and
techniques employed, and the reasoning that supports the analyses,
opinions, and conclusions; exclusion of the sales comparison approach,
cost approach, or income approach must be explained;
Quoting the Twelfth Edition of the Appraisal of Real Estate published by the
to
Appraisal Institute, page 419: "The sales comparison approach is applicable le
all types of real property'interests when there are sufficient recent, reliable
transactions to indicate value patterns or trends in the market. When data are
available, this is the most direct and systematic approach to value estimation."
"When the market is weak and the number of transactions is insufficient, the
applicability of the sales comparison approach may be limited"
The Sales Comparison Approach was used to value the subject approximate 15
feet x 926 foot land strip totaling 13,880 square feet by comparing the appraised
property with sales of the most similar sales found in the market Two sales
were given most weight: Sale No. 1 is a 20.42 foot x 380 foot narrow strip of
industrially zoned land about 3,000 feet SW of the subject that sold in March,
2007 for$2.86 per square foot The land was purchased by the adjoining owner.
Sale No. 2 is the purchase of 98,456 square feet of wetlands for conservation by
Broward County at,$3.90 per square foot Final land value is based on the
higher unit price of$3.90 per square foot.
ANCE
20
SUMMARY REPORT
SR 1-5 In developing a real estate appraisal, when the value opinion to be
developed is market value, an appraiser mus4 if such information is
available in the normal course of business:
a)analyze all agreements of sale,options, or listings of the subject
property current as of the effective date of the appraisal;
Curently,the subject property is not listed for sale.
b) analyze all sales of the subject property that occurred within the three
(3)years prior to the effective date of the appraisal. None.
2-2(bxa) State the use of the real estate existing as of the date of value,
and the use of the real estate reflected in the appraisal; and,when an
opinion of highest and best use was developed by the appraiser,
summarize the support and rationale for that opinion;
On the date of valuation,the appraised property is vacant land, and it is valued
as such in this report Cud:ent zoning and land use for the property is
preservation as a Broward:County Park The property is valued"as-if'vacant.
2 2(b)(x) Clearly and Conspicuously: State all extraordinary assungdons and
hypothetical condidons, and state that their use might have affected the
assignment result
For valuation and negotiation purposes,the properly is appraised"as-if'vacant
2-2(b)(5d) Include a signed cerdfflcadon in accordance with Standards Rule 2-3,
See signed certification in report.
ANCE
21
SALES
CO MPARISON
APPROACH
LAN D
VALUATION
VACANT LAND SALES
SALE NO. I
LEGAL DESCRIPTION Lengthy.See Exhibit"B"of enclosed deed copy
RECORDED0.R Book 43913,Page 544 Broward County Public Records
GRANTOR WCD I—New River,LLC
GRANTEE Robert L.Elmore
DATE OF SALE March 19,2007
LOCATION About 3,000 feet SW of Rolly Marine property
on the south side
of I 595,unincorpmted Broward County
ZONING -M11"General Industrial,Broward County
I
SALE PRICE ' 422,200.00
avg.20.42 fed SIZE
et x 380 feet=7;758 square feet,or 0.1781 acres
i
UNITS OF COMPARISON $2.86 per square foot
FOLIO NUMBER 50-42-20-MM40(includes other land)
CONDITIONS OF SALE ma's length transaction.
CONFIRMED Purchaser,Mr.Elmore
COMMENTS Un-platted narrow parcel of land on east side of South Fork of
the New River.Some wetlands.
ANCE
22
yy 3
AERmL 1 1 OF LAND SALE NO.
South Side of 1-595 on i
LOOKING SOUTH rQ LAND SALE NO.1 (on far side of 1-595)
Access Road West of SW 306 Avenue
i
I
ANCE
24
crK f 107001006, on ax 43913 page 344, page 1 of 3, Recorded 04/18/2007 at
03.26 VM, $96ward ®ounty tcaaaiaaion, Dee; fl $158:40 Deputy MUM 3190
V
•y
1131is inuumm pragwed by orradesthe
OF
Name: Daniel R.Hoffman,Esq.
Address: GirmeAn Tnwi&F.A.
1221 Brkkell Avenue
h iwrn,Florida 33131
(Space Resaved for Clerk of Court)
WARRANTY DEED
THIS WARRANTY DEED is made and aoterad ittto as of the.U'day of Mwd4 2007
betmon VYCD I -NEW RIVER LLC, a Florida limbed Nobility company,whose mallia�
addmo is 2890 N.B. I Va Street,Aven�Flo i&33180("Granow-) and Mr.Robert 1:
Elmore,m iodividus4 whose mo ft address is 9W N•W.80 Avemre,Fort Ladwd& Florida
33311-7208 ("Gtraels l Whapw Lqad begin, the teems "Qrnme wad "Grantee" shall
mciude all of the pwtiea to this instroment and their heirs,personal reprMO&Ca,sod MSWM
WITNESSETH:
GRANTOR.for and is 000sr Walioo of Ten and No/100 Dam(510.00)nod other good and
valmhle maaideattioo, the rr'vW0 and iuffidcmy of which is hafby �. has
pmted,bargained and sold,and by these presems does hereby grant,bargain and-11 to t'a Aw
and!setae's m ocenom znd/or assign 8oeener,the iAkrAmgAmm6od btndsb=b wad hung m
Broward Comity,„ 4(dre'?repe *),to wit
See 1-0
Exhrbtt-;.aMwhad haac and made a pert hereof 01
Idw-
TOGETHER WIT all the twements hasditsmena nod appmummon theraIDto bdaoging or
hanyudwapperuining
TW COMMANCE b anbW ID tbo'Tt @§n (a)tares and
mewamb for 2D07 wad sabsegww yarn which are act yet due and payable;(b) exindng
=Ing wad 8ovmmmW a.®siati—wad lc)all mvmaats,nektons and a=oa*Af z=d,
if wry,but$is tefaeenoe shall not operate to rmmpose same.
I
TO HAVE and to hold the same in Fee simple forever.
Mu traansnvt�aor .
I
I
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26
CPN 9 107001906, OR EX 43913 PO 545, Pago 2 of 3
GRANTOR hereby covmeats wi&the Oraotas that the Oranmr is lawfully seized of the
Pmpwty in fse aimpk:dW the Grantor has good right and lawful authority to sell and convey
the Property;that the Grades hereby won"the title to the Property,and will defmd the same
agobw the lawN claims of all parsons,m4ed to the Pamtttted Fuepdm.
IN VAnW 8 VVM3=F,Grantor has hemmto act its band and seal as of the day and yew
f1mabove wrium.
Witaesaedby: VYCDI-NEW LL.0 der
fthad 1'
zi
N By:
f .Presidaot
' r
OIL
[CORPORATE SEAL]
i
i
STATE OF.FLARTDA )
ss:
COUNTY OF MIAMI-DADE )
The foregoing instrtmmt was aclmowWpd bafare me this ay of Maroh,2007,by Aodmw
Sa mw,President of VYCD I-New River,L.LC,a Florida&n tcd lishl ty=npany. He is
a!M y�to me or piodoced d tifiati
N
Notary Poblic,State of
My onNo. Z-
»uooeuf comas,
p Ip ,tiv Nwop riaa:.00W err va+la [Notarial Seal]
' MA rr�b Nd a nD rataY
s' 9aM�d sai Ana.
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AAA f78ID793W 24VAW
I
27
CPU Y 107001906, OR HH 43913 PG 546, P&go 3 of 3
INxVYLL6 rJ:S! l6�7i77�iS MMJLlMUM DNtl(C _-- FM! 0 --
law
bill$ $
Iq
sly
: . gall
flak
k$
j
28
VACANT LAND SALES
FSAO. 2
LEGAL DESCRIPTION The South'/2 of the West 1/2 of the Northwest'/.of the Northeast
1/4 of the Southwest 1/4 of Section 35,Township 50 South,Range
42 East,less the West 25 feet thereof.Said lands situate,lying and
being in Broward County,Florida
RECORDED O.R.Book 36550,Page 1069 Broward County Public Records
GRANTOR James David Sands,et al
GRANTEE Broward County,Florida
DATE OF SALE December 8,2003
LOCATION Noah side of East Dania Beach Blvd on east side of
Gulfstream Road
ZONING "RM"Residential,Medium High Density,Dania Beach
i
SALE PRICE $394,000.00
i
LAND SIZE 322.81'x 305'=2.26 acres,or 98,456 square feet by survey
UNITS OF COMPARISON $3.90 per square foot
FOLIO NUMBER 50-42-35400-0201
CONDITIONS OF SALE Arm's length transaction.
i
CONFUMIED Audrey Hammond @ Broward County Real Property Department
i
CON54ENTS Conservation wetlands purchased for preservation as part of
Broward County Park Bond Program(Parcel#278-A)
ANCE
29
rwn
AERIAL PHOTOGRAPH OF LAND SALE NO.2
North of Dania Beach Boulevard on the East side of Gnlfstream Road
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ANCE
30
LOOIGNG NORTH Q LAND SALE NO.2(right side)
East Side of Gulfatream Road just north of Dania Beach Boulevard
i
ANCE
31
CM * 103549688, CA EN 36530 Pa" 1069, Page 1 of 4, Reoosdsd 12/08/2003 at
01:18 Plc, sxowacd Camty Caomiseion, Dec. D $2689.00 Deputy Clack 1034
'e
Pt qmV AppcabWe Pamal
ldmdficm&m No.:1023540-02010
TRUS7ZW WARRA"Y D]aM
THIS TB PMM'WARRANTY DEW b mole We 9 dq ofIll=MW by
7A2 DAVM&UM DOUMLAS 8AP M mad AL1lt1Nt i—MM>a�slalf,ee:MeeewoS
CO-Timb 8ofdwLOUM L SANDSLWM TBUBTAG=muw dww llfaedi 2,igm
"'Q 0 pat amoe ed hmon am 11555 SW 66 Avm m6 b61,FWft 331K Gmdx and
WOWANDCOUNT,npdWtdwIYL Wmddwgbbdplwlda. ihmspatommoddma
.arma .
WITNISBBTEb
That wid t3MOW,ibr and in omdda ndm afdn aamaf Tan rod Na/l00(S10.00y Dols,
do&wgoW aodvdmbie eovAdaadooa fo midOtamarhlheodpaid bywld Gmnbe.then,*
wben:afabasbyadmo kd#Khwpm14bwpbodmd=Wiotonk mom mdownlee's
Lgd Saptmmtollvm and edges hmvr�do followlsg decided Lad.dpiaok bms and bemg in
&owed Cvu Flaide,fo-wlt
TU Swr1112 sf lie Wat L2 of lie Nwfiwmt 1/4 st dw SorliaSf 1/4 of dw
SoadiweSt I/4 d 8satlet 3di,TowiSNp Sg 8eari.11eyS 42 loaf,law lis WSSt
2SLSStWenS�SiddiuiSMwtefs.b'd[dbolagitBrewadCsm�.11eefde.
9sbject to:
TONS for We ymr 2004 and m6ngaa9 ymax and
Candidoos.iaShdoBooS,lord!SdooS.ageasoswlasdsaeemendafmoard.ifaq',ead
spp0csble ao®g asditimoes,wilioat lsiogrs�g Sold metlee.
And the(motor beady aoveoSote widf said GIMMIeS dW ClMMM in lawAdly Solved of @W
had kfesdnwkdlfocrm rhm m
Yoodd&mdlowUav&oftfo=0madeaeySddLe4-dW
QrmOorhaneby lV�'rmaoblbeddsis SSidlasda�wID dsfiodtiewmSSpioeetin iawfidol�S
of sll peeooSd by.tbeo%b or order Gnaw.
1NwnNESSWFZRBOF.thewid hws%pmdmdveate dU pam@mdwdmy=d
ym Bet dww wrimn.
32
OR ZZ 36530 PG 1070, page 2 of
a
Siped,vied and delivmed
in om pecamne
F:rfont Names DAVID SANDS.
as Saoceaeor Co-Thulm of the
LOUTS L.SANDS LIVING TRUST
Pr1nt Name:,mp law a d r Q4 GXSKMMa defied Msah 2,1998
a
Print Noma t DOU
as Co-TnMee of the
I, LOUIS L.SANDS LTVM TRUST
AGUEMM T dated Mwch 2,1998
A
Pont Noma A SYi ON SANDS BEELER.
as Sacomw Co-Tnstoe of the
LOUIS L.SANDS LPAM TRUST
Plot Names_/ AGREEMENT`dated Much 2.IM
STATE OF FLORIDA
COUNTY OF BROW&PS fy-•'ct "Z
ThebooeSomgioetomeatwmadmowled'adbdwem fta^a dsp K.0*W 2W3
by JAMBS DAVID SANDS,=Swoeewe C -Trtutw gfffie LOUIS L.SAN N LIVING TRUST
AGREEMENT dated Mamh 2. 1996.who is paaooa7Ty]mown to me or who hoe p o&md
'-DcWLr Vcte -I& aeWWodfwadaL
' NOTARY PUBLIC
wammma i'seeeir
�2
33
OR M 36560 AG 1071, Page 3 of 4
STATE OF CALII+ORMA
COUNTY OF SAN DMOO
TIM bWnmmMwmwbwwMdpdl 6 madit ?" d@ydNov=ba,2=
by DOU(}IM SANDS,O SneQ w Co-'hopes ofie LOUIS L.SANDS LMW TRUST
AGRF.BMENT dmd Mwch 2, 19M (mown to w or wbo hm p mdumd
ARY MBLIt.Sow of caddaj&
Pion:
Comminim]4 .:
(SW My Conaiuiaian E
i
i
STATE OF FLORMA
COUNTY OF BROWARD
I7�s lo6onooertwa6clmowledSedbeSo6emethi6 dmydXAemu6G2063
by ALISON SANDS BIBLER,6e Suwm Cc-Trudwof the LOt=L.SANDSLPFM TRUST
A(}RBM oMT,dticd Mash 2, 1996 vAm is pmondlyl000wn to ms or wLo bo produced
. ,
umadee 1f abe
Asa NOTARY FUBL[C
firer sae�e d e. 1►�Y Commoeim Bspim
I
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3
34
OR Not 36550 W 1072, page 4 of 4
1U.4MMIROM ACKMWLZDGXCNT
State of California
es:
Comay of I
on /1 2503 heTaee Vk"LM gi I mtn ,
PteMAIIY appw¢d
❑ ply(mown tome - nit - j proved to me on the basis of satisfsetory
idence to be the tvltom aamK
subscribed oo the nisttummt am
scitnowiedyed to led
O IA� the same in /h r athori:ed
LMM• capacity(i , aad that by /herlshait.
o®ao s eLpatunwp an the instrument tits pmsotti
iwtt" ttwlrnnslor or the entity upon behalf of which the
P"acted,execaled the insttemteat
WrfMS my hand sttd officW ML
O!'fZOPfAL 14RpA 1TOlU
Tim isimmtlm bakm is sot ngsired by tau.ilomarW it eosid pmreet fsaod6100 muschmem of this sokuml-
edpsest to m wrad mixed daaumte
CAPIi=mulm ii><iilim owm;c SAL) Ducammm or Arnelm OOfCi>M w
❑ JJs7tvmuet.
❑ rif d/ 2rr m-lu
Tfftff OR Tyra OF Pommumv
❑ Amamy-nw%cr rtuetemt OF tAGO
❑ TRusTimca)
p olJeRnuN,00la�vvroa �
❑ orHEL. DATROPOOCUMEN T'
i
tmms
AKWU is amameNTM: arottT TRUM9PRJNT i
KAMCW ORemrne� OF .
SIONSR
AII1lie! WNJJJW MERM.smmm- m
35
VACANT LAND SALES
SALE NO. 3
LEGAL DESCRIPTION The East 30 Feet of Tract 31,less the South 85 feet,lying South
of the Dania Cutoff Canal in Section 25, Township 50 South,
Range 41 East in Newman's Survey, Plat Book 2, Page 26,
Broward County Public Records
RECORDED O.R.Book 31811,Page 0140,Broward County Public Records
GRANTOR John Toole
GRANTEE Milton&Michelin Peacock
i
DATE OF SALE June 18,2001
LOCATION Niauth of Griffin Road on West Side of SW 42 Avenue
on south side of Dania Cutoff Canal
ZONING "AS-5"Residential Single Family,Dania Beach
i
SALE PRICE $5,000.00
LAND SIZE approx 30 feet x 226.67 feet—6,8W square feet
UNITS OF COMPARISON $0.74 per square foot
FOLIO NUMBER 50-41-25-01-0601
CONDITIONS OF SALE Arm's length transaction.
CONFIRMED Mrs.Michelin Peacock,purchaser
CONIlVIENfS 30 foot strip of vacant land on south side of Dania
ANCE
36
F
r
-tt
1 SALE NO 3
North deGriffin R1 on We Side of SW 42Avenue
(on tSide Danis Canid)
r:
' i
i
LOOKING NORTH @ LAND SALE NO.3
Nwmw Ship Mom g WW,Si&.of SW 4i"Avmw.w Sow&&c.Dams CxW
'Sen&.ef E Rmd
ANCE
38
WQ�� I�iH�11Hi11H111H1�
U 77ur ..pa"by ad n,w.r:
wu au-e. mum E 301155�
SUN TITLE a ABSTRACT CO. oR t 33831 Pc am
7416 pflr S7TM BIfE,ET
ro�oN asap a
TAMAW.FL MtM
FL!Mk OLW 147 � 3,OD
ow am Igo
Flopny Appwlaaa POW Matlsbaserr(Fob)lasibwa:
014601-0801
MMIM AMW Oaa UNK lair w001aeM DATA
p'* 1
TFJ�S WARN NTV DEED, made the /V day ?L[.t.tJ . A.D. 2M by JOHN TOOLE.
/�!50 ► 10N*14y hwow owed the dragon,to MILTON PEACOCK aW MCHEL(NE
PEACOCK,HIS WME i,hoso pas omw address
MweMwOa caw the Oraanw /5--W
W 1 T N 18 8 E T K That weld Eiarilar,for and In eawtlratlon of tM,run of TO AND 00I1008 010-00)1201"
aid o0iat good and w kisble sonsldno ne w aald ganmr in hand paid by nak Warden,the ratan w1w of lo!wool
aabtowle to ' has govad,' -Mted wad sold to the panto end WadaIs haft boo the following dfadbod land
bt=d to the COUMy Of WDWAfD.Oft at Fbdda,b.*t
THE EAST 30 FEET OF TRACT 81,LESS THE SOUTH BE FEET,LYING SOUTH
OF THE DANIA CUTOFF CANAL,PART OF BECTON 2E,TOWNSHIP 00 SOUTH,
RANGE 41 EAST,NEWMAWS SURVEY,ACCORDING TO THE PLAT THEREOF,
AS RECORDED IN PLAT BOOK !. PAGE M, OFTHE PUBLIC RECORDS OF
BROWARD COUNTY,FLORIDA. SAID LAUDS SITUATE,LYNG AND BEING IN
BROWARD COUNTY,FLORIDA.
GRANTOR WARRANTS AND REPRESENTS THAT THE ABOVE DESCRIBED
REAL PROPERTY IS VACANT LARD.
aid sold Warta does Msby fdy wawnt du We to add lend,and w8 dslartd On saw against fin lawful aMm of as
posse whomsoaar.
i
*Sk* r aid pMnd saw Marahrigaebla a eon"twww".
IN Wf1NM WHEREM,grasar has heianito es morepes hard and seel this and ywr end above wdlbn.
7;4',
e4neMes
Wit"l31U id - /b n mg- Mgt 8W 44 M MJE,MW LMMEM LG,F1
I%h ail
i
STATE OF FLORIDA
COUNTY OF Damp" Pot The t %ft Makes"was aabte■ladg d baMaw Met + s =81.by"M TOM
who Mdats petsattaly bionn to me or has wo6wed t a MorMoollon end dd(dd
rwq tehe an ash. N� '
SEAL � ��
' BtoNbne
`ry ....:,, ,.r.�.: tMnYdNela76�riaera
s �f' LXfIR?.f AUG 23. MYCorlarlleelor,ExpMa:
�r M7lrANfA4�rlctAsl
39
VACANT LAND SALES
SALE NO. 4
LEGAL DESCRIPTION Lengthy. See Exhibit"A"of included deed copy.
RECORDED O.R.Book 37158,Page 1267,Broward County Public Records
GRANTOR Florida Power&Light Company
GRANTEE Mapleridge Partners,LLC
DATE OF SALE D lecember 23,2003
LOCATION South side of Grim Road under FPL Powerliees just west of SW
3e Way.
ZONING `2tS-5"Residential Single Family,Dania Beach
SALE PRICE $25,000.00
LAND SIZE ap�rox 104 feet x 393.715 feet=40,946 square feet=0.94 acres
i
i
UNUS OF COMPARISON $0.61 per square foot
I
i
FOLIO NUN BER 50-42-31-01-0230
CONDITIONS OF SALE Arm's length transaction.
CONFIRMED Bennet David for Mapleridge Partners
COMMENTS Vacant wetlands under FPL power lines and over cable and gas
lines,subject to perpetual FPL easement.
VIA
40
�1
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• 1 •
South Side of• Griffin
LOOKING SOMW @ LAND SALE NO.4
South aide of Griffin Road just west of SW 3e Way
i
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42 ANCE
56771,
R EN
Page
I of
044:25 PK, BroH�� minty ram8 ission, 6 .>D $175 004 2004 at
DWMttY Cll=* 1924
2
Pno dty:
rb rbkPeter!LWCompeey
700 Udvan 8oalwa+d
Amo a"PL 33M
f ILY epee nwrvv!�w�mdlN IePo�)
Spedd Warmly Deed
This Special Wanmty Deed made on the 73lw—dmy of W-V mLl59A- 2003,by
and bdweem Flor&Power dt LIt Company,a Flozidacacpocsdom.having its moiling address at
P.O.Bmc 140M.Iwo Beach,Flotilla 33408.0420.C'a mmi")sad �e Pmumm LLC,a
Floods Ltd habi*poropmny,whose mailing address is 3300 North 29a Avemte.Sage 101.
Honyw ood.FloMa 33020.CUUnlee').
WITNESSETH:
t3ramlor.iscomddend mofTenDaUm(510.nandotherDwdsodvahnblecomsidwa kI16
to hpmid byGratttce.thereo-if tofwhichis harebyaclawwladg4 haebyIDmmk sdb•and00mveys
to Gnmtm its smooesmota amd modgns lbtavermd ofthat oettda lord mitmeed tad located m Steward
Cmmtl,Florida mod mote p`ticul dy 400dood So bUDWIC
See Exhibit"A"atlaohed banto mod by thin zefereoce
made a pat bsteof for the d"aiptiom of the lad conveyed hereby.
Subject to taxes sod spocW assrxaommN for the yaw mmd all mabsequeat yen,to zoms
reshietionm mod other zegnuammts imposed by govemm nW scnhadty, and to ameme0M
condid=6 remmvadoam,rwhictioms mmd Mmkodoes ofmcm&
3ubjeot to a peTsbud Baseman over tho lmnd fiomz Qrastse tD Gzamtor pmmoaot to on
Emumost instnmesn to be recorded dmahommudy has OWAL
Tttis camveyattee is made abject to the Mowing aamdi&ms and zz>hiodow.
1. By acxeptmooe t am&#.C.,atee aclmowledees tMtthe above d�red tyy
c=veyod bereby is objed to an sommmt and pormood propertyo
used by it so a public VqW aorpaeation of the State ofFlodde.and t3nmtee wo"the
ccnveyaoeeoftbesbavi4mead bed proputyvAthWmo ledes a nd*cbje cttothe Moo of
the Grtmtor's erase i mmd pom and property for Bach pmposes or my O&W legallY
mnthozimed ume.
I
43
CFN f 103856771, OR BK 37156 FG 1268, gage 2 of 4
2. The pop"dam-bed herein is to be used by Gr'aWIM its soxasora and UdW far
Beenepaoe.pmddsrgmdrdguboacaly.BuyeroovenantsmodegrowthatScHerreclmrsa
a twamy(20)foot set back as either aide of rho t and an ci side of the
trrosmiedonpoles Ant traven dw Lod described ca ftsibit"A".Ulloyarpmpowto
build a pasfftg lot ovti the exis0ag pipeline.Buyer will be ro*med to enoaso de
pipevae in aotasdaoe'witb Shca'a gwdfi=dcos. Buyer's dgm tm on this deed
confirms its awgft oe of these n0trictiOm
The Grantor hcrabybi nds itself nerd ier sacoasoato warrant the title as against aR acb afthe
Greater heroin and no adm subject only to tba-seat+ant forth Above.
In Witness Whemof.CrO or has cacsed tins iaatrinmaa to be sipped by ire do>yy mdb i-d
afcer an the date first above Witt—
Ex ed in the psasaoee oL I FLMDA POWER A Ll10F T OOMPANY
Printed Na-e Nancy A.Swahre l
Print Name !Prt's&M--F C. ; be:Dir.Corp.Real Est to and Ant Seeretay
Print No Donna M.Bodobar�h
Now-
State ofFk" )
County of Palm Bach )
0nthis dayof A- t .2003.bdm ms.themdarsigoedmtaypublic.
personally appears I Nency A.Swdwdl,Director o(Capmo Rol Estate and Assistant Secretary
ofFlosidaPower&I3gbt Company.aFlaidu ompasti)a.pasooallyknown to meto bethepemca
who aebmcdbed to the fore, ' -i ma=ne K mmd m*nmLdged thatbe amecuWd the acme on behalf
of said eapormAm and that he was duly a dwriaed to do-
Io Wanoa Whmmt:I hereunto met my hand and afTieW sal.
maNnaoMMIsan
wo�apoer Notary Public,Stab of Florida
rwaw...r«
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i
CFN 0 103856771, OR SK 37158 PO 1269, Pago 3 of 4
Grintw•s dgratm b-rein avideocaa rraaaee's u:captme of d vcjftjcdocs and caoditiaoe
ad forth basin.
w Q ,,vPQ�cT I' Nr;su t,,.wz
ow
BY, tr"P� �--
PrintName:��i�/ I7p
Print Nam-
-'" tic As
Si G
��Q -prjsr<Name:
STATE OF FLORIDA )
COUNTY OF BROWARD )
44 of�i�,ZPheBorome.the�m +$� ►ac►.�rt,�e.
On this �' -tV=vd � lr A °
MapP imidr P ,LLG.a Florida limited tiabrhty compaay,paaamu.�O�to aae to be the
pmaon who sobaczib-d to the ft goig aed wimowWpdthat be==god tho same on behalf
of said cmporadm and that be was duly aadlrmia-d so to do.
In Wimess Wi%14 I bwmft set mY baud and seal
r c� p�Pol Nypoyuc,So"ofFlmida
bpb—m
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CFO i 1030S6771, OR BK 37158 PG 1270, Page 4 of 4
]C)OM T"A"to
SpECL4I,wARRAM DUD
Legd Dmc*dm
The End 104 Peet oftha meth 6 sota of B1odc 2,Lot 91 RM D LAND
COU PANY SUBD1VMM,Plat Z,Pqp 32 ofthe PdAc Recalls ofBcowad
County,I=a Porfim deseaW n comet mm8 at the ttotihwest owner of
Section 31,aaalwW 627.63 feet tD point of berg e°e 1Y SS Seey w s1Y
104.18 Seat.a.&Mly.8S Peet mote cc 1ass,asshwly 104.18 feat to point of
Said lands situsta,hmi and b=S to Btowad CamdY,Plcl d
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8g � g g $�
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47
RECONCILIATION
FINAL VALUE
OPINION
SALES COMPARISON APPROACH
In the Sales Comparison Approach, the appraiser compares the most similar sale properties to the
subject. This approach simulates the actions and attitudes of typical buyers and sellers.The approach is
based on the Principle of Substitution that affirms the maximum value of a property tends to be set by
the cost of acquisition of an equally desirable and valuable substitute property, assuming no costly
delays encountered in making the substitution. The steps of this approach are:
1) Locate and collect information of recent sales most similar to the subject.
2) Verify the sales information with parties to the transactions.
3) Compare the sales to the subject using significant,market-derived units of comparison.
4) Reconcile all value indications from the comparisons into a value opinion by this approach.
Properties are compared using units of comparison to relate sales of similar properties to the property
appraised, based on significant measures such as price per square foot,price per cubic foot, et cetera
For the property appraised and the comparable sales,the appropriate market-based unit is the sale price
per square foot of land The appraiser made an extensive search for sales in Broward County most
similar to the appraised land site with development limitations. A lot by-lot search was made utilizing
GIS maps in areas of Broward County impacted with wetlands,powerline easements,etc.
Reconciliation
Four(4)land sales were felt to be best indicators of land unit value for the 13,990 square foot site being
valued C as-if'vacant): j
Land Sale No.1
This is a current sale of a narrow strip of land on the south side of I-595 and east side of the South Fork
of the New River measuring an average 20.42 feet x 380 feet for a total 7,758 square feet.The land was
purchased by the adjacent property owner. It could not be developed by itself There are some wetlands
on the part bordering the river. Unit sale price is$2.86 per square foot.
Land Sale Na 2
This is a wetlands site purchased by Broward County for County Park Preservation. The site is 322.81
feet x 305 feet for a total 98,456 square feet. The unit price paid in December, 2003 was $3.90 per
square foot(reportedly,more than the appraised value).
Land Sale No.3
This narrow land site on the south side of the Dania Cutoff Canal was purchased in June,2001 for$0.74
per square foot as a possible boat dock property by a non-adjacent party when the property was in
Broward County.The property is now Mania Beach and remains vacant and undeveloped
Land Sale No.4 �.
This wetlands site with a perpetual FPL'easement for pow erlines and underground cable and gas lines
was purchased by the adjacent property owner. The site size is 40,946 square feet and the land unit
purchase price was$0.61 per square foot in December,2003.
Final Value Opinion
Land Sale No. 1 is very similar in shape,proximity and date of sale to the appraised narrow land strip
selling at$2.86 per square foot Land Sale No.2 is the purchase of wetlands for preservation selling at
$3.90 per square foot The appraiser opines that the subject land,as-if vacant,has a current unit market
value of$3.90 per square foot x 13,880 square feet= QQ
FIFTY FOUR THOUSAND DOLLARS
Emomm Ibm to Sep!at theAnnrafted Value. 9-12 months
-A ANCE
48 J/(
CERTIFICATION
I certify that,to the best of my Imowledge and belief
The statements of fact cow in this report are true and correct
The reported analyses, opinions, and conclusions are limited only by the reported assumptions and
limiting conditions;they are my personal,unbiased professional analyses,opinions,and conclusions.
I have no present or prospective interest in the property that is the subject of this report,and I have no
bias or personal interest with the parties involved
The appraisal assignment was not based on a requested minimum valuation,a specific valuation,or
the approval of a long.
My compensation is not contingent on an action or event resulting from the analyses, opinions, or
conclusions in,or the use of this report
The reported analyses,opinions,and conclusions were developed,and this report has been prepared,
in conformity with the requirements of the Code of Professional Ethics and the Standards of
Professional Appraisal Practice of the Appraisal Institute. The analyses, opinions and conclusions
were also developed and the report prepared in conformity with the Uniform Standards of
Professional Appraisal Practice, which is included in the Appraisal Institutes Standards, and is
codified in Cbapter 475;Part H F.S.
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The use of this report is subject to the requirements of the Appraisal Institute relating to review by its
duly authorized representatives. They use of this report is (also)subject to the requirements of the
State of Florida relating to review by the Florida Real Estate Appraisal Board.
I have made a personal visit of the property that is the subject of this report.
Jesse B. Vance,Jr. is responsible for'the analyses,conclusions and opinions concerning real estate
set forth in this report. No other person provided significant real property appraisal assistance to the
person signing this appraisal.
The Appraisal Institute and the American Society of Appraisers each conduct programs of
contir+'�education for their designated members. As of the date of this report,Jesse B.Vance,Jr.
has completed the requirements of the continuing education program of the Appraisal Institute.
Continuing educational requirements are also completed for the American Society of Appraisers and
the State of Florida
ftkmgm 17,2007
Jesse B.Vance Jr.,MAI,SRA,ASA Date
Florida State-Certified General Real Estate Appraiser No.RZ,85
-----/\/WNCE
49
CERTMCATION AND LIlVMMG CONDITIONS
The statements and conclusions contained in this report,subject to the limiting conditions herm*m cited,are correct to the best of
the writer's knowledge and belie£
1. The undersigned has visited the subject of this report. No pertinent infi mation has been knowingly withheld
2. Unless specifically included,the smbjeet is analyzed as though five and clear of liens and encumbrances.
3. No responsibility is assumed for legal matters,nor is an opinion of title rendered Title is assumed to be good and held in
Fee Simple,unless otherwise indicated.
4. Others have furnished legal descriptions and property dimensions; no responsibrlitp for their correctness is assumed.
Sketches that may be in the report are far illustrative purposes only.
5. Possession of any copy of this report does not carry with it the right of publication,duplication,or advertising using the
writer's name or profiessional designations or membership orgunzatiom•
6. The writer is not required to tes*to his report findings without pnor agreement
7. Neither the employment to make this appraisal nor the compensation is contingent an the value reported.
8. Where divisions are made between land,improves,etc,the coalnbutorY values stated for each apply only Under the
cited use or uses.The building rgmbwd m cost is based on Marshall Valuation Service,adjusted for time and location,
unless otherwise stated h should be undas000d that the real estate appraiser is NOT a licensed general contractor.Cast are
based on a range oftypical costs,adjusted for time and location,from a tasted ntionai Cost menusl;however.the user is
=sand NOT to at£ard the same degree of rtiabddy to the appraiser's opinion Cf cast new as a Bomsed general Contractor
making a current bid for e&a new Construction or nrpWnr=cost as part of insurvem needs. Please Consult a qualified
licensed contractor for budding iosurime or replacement purposes.
9. The value or values stated apply ONLY as of the date steed within the report
10. The writer certifies that he has no pre.sent,past or contemplated inteest in the subject of this report-unless specifically
stated
11. This report is the property of the indicated client Other persons may not use it for any purpose not consistent with the
written frmct Km of this report without the,mgnus written consent of the writer AND chant
12. The reported analyses,opinions and conchsion were developed,and this report has been prepared,m Confarn'ty with
the requirements of the Code of Professional Ethics and the Standards of Professional Practice and Conduct of the
Appraisal he tute. The work also conforms to the Uniform Standards of Professional Appraisal Practice.
13. The odstence of potentially hazardous material used in the construction or maintenance of bialdings,such as the presence
of urea formaldehyde foam i sulatiom,and/or mosteoce of smdc waste,that may or may not be present on the property,has
not been considered. Additionally,soil of sub-soli ocntaminabon may Boost from current or prior ups,or users outside
the property coneetned. The appraiser is not qualified to detect such subst>taCas.I urge the client to ream an expert in
this field if desired.
14. The appraiser has not been provided'A Habitat Survey, Endangered Species Survey, or analysis by a qualified
environmental specialist indicating the presence of or pradmity to envirawmamallY Mid" and/or protected land or
species which could affxt the use and,possibly,value of the appraised property. The appraiser is not qua ied to idumtify
these factors. I recornmend that an expert be hired where there may be reasonable cause to expect the presence of any of
the cited elenents
15. Jam B.Vance,Jr.is responsible for the analyses,conclusions,and opinions concerning real estate set forth in this report
No one else provided significant professional assistance to the signer of this report
16. The Aruricaos with Disabilities Act(ADA)became effective January 26, I992. I have not made a specific compliance
survey and analysis of this property to deteamine whether or not is it in conformity with the various detailed require
of the ADA- It is possible that a compliance survey of the property would reveal that the property is not in compliance
with toe or more of the requirements of the Act,which could reduce property value. I recommend an architect or other
qualified professional make a compliance survey.
17. Prospective value estimates are based an current conditions and trends. The appraiser cannot be held responsible for
unforeseeable events that might alter market caaditioms Upon which market value is based
19. The appraiser certifies that he has the knowledge and experience required to perform this appraisal assignment•
19. The appraiser reserves the n&to amend or change this report at any time relevant,verified additional market information
is obtained which would significendy affect the value opinion on the date of valuation.
September 17.2007
JesseB.Vance,Jr.,bM SRA,ASA f . Date
Florida State-Certified General Real Estate Appraiser NoARZ-95
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ADDENDA
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ARTICLE=H. OPEN SPACE AND PUBLIC RECREATION DISTRICTS Page 1 of 3 5:23:28 PM
Sec. 39-383. Permitted uses.
Permitted uses in all Open Space and Public Recreation Districts shall be limited to those uses
specified In the Master Use List Any use not specifically,or by inference, listed herein shall be determined by
the Zoning Official to be permitted in the zoning district specifying the most similar use thereto.All uses shall
be subject to section 39-389, "Limitations of uses." Specific subsection references are included in the
following Master Use List.
TABLE INSET:
P- Permitted C=Conditional Use A=Accessory Use Only
TABLE INSET:
Use S-1 S-2
Archery range [see section 39-389(a)] P
Boating P P
Botanical garden P P
Bridle, foot or bicycle path P P
Country club[see section 39-389(b)] P P
Essential services P P
Fishing pier or dock P P
Golf course P P
Golf driving range [see section 39-389(c)] P
Miniature golf P
Nature trail P P
Nonprofit neighborhood social and recreational facilities[see section 39-389 P
(d)
Outdoor Events[see section 39-238] C C
Park, public or private P I P
Picnic area P IP
Playground(children's) P P
Restaurant[see section 39-389(e)] A
Swimming[see section 39-389(f)] I P P
Tennis court[see section 39-389(g)] P
Water area(lake, pond) P P
Water sports P P
Wireless communication facilities(see section 39-102) P P
(Ord. No. 2000-29, § 1,6-13-00)
Sec. 39-384. Prohibited uses.
Any use not specifically, or by inference, listed in the Master Use List shall be prohibited.
(Ord. No. 2000-29, § 1, 6-13-00)
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ARTICLE XXIII. OPEN SPACE AND PUBLIC RECREATION DISTRICTS Page 2 of 3 5:23:28 PM
Sec. 39-385. Plot size.
Unless otherwise specified In section 39-389, "Accessory uses and structures,"the minimum plot size
in S-1 and S-2 districts shall be ten thousand(10,000)square feet in net area.
(Orel. No. 2000-29, § 1,6-13-00)
Sec. 39-M. Plot coverage.
Unless otherwise specified In section 39-389, "Accessory uses and structures," the maximum plot
coverage by buildings or other roofed structures on any plot in an S-1 or S-2 district shall be two percent
(2%)•
(Ord. No.2000-29, § 1, 6-13-00)
Sec. 39-387. Height
(a) No building shall be erected to a height exceeding two stories.
(b) No structure shall exceed twenty(20)feet In height above the established grade, except wireless
communication facilities as permitted in section 39-102 of this Code, or as permitted in section 39-
103, "Exclusions from height limb."
(Ord. No.2000-29, § 1, 6-13-00)
Sec. 39-388.Yards and setbacks.
(a) No off-street parking facility shall be located within twenty-five (25) feet of any contiguous
residentially-zoned plot in separate ownership.
(b) No structures, except permitted fences or walls, shall be located within thirty (30) feet of any
contiguous residentially-zoned plot nor within fifty(50)feet of any street line.
(Ord. No.2000-29, § 1, 6-13-00) !
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Sec. 39-389. Accessory uses and structures.
(a) Archery ranges. Target areas for archery ranges shall be at least one hundred fifty (150) feet
from any residentially-zoned plot and shall provide barriers sufficient to preclude any intrusion of such
activities upon adjacent properties.
(b) Country clubs. Country club facilities may include restaurants, lounges and meeting rooms for
the use of members. Country clubs associated with golf courses may also include retail stores for the
sale of golf equipment and locker rooms. The aggregate floor area of all such accessory uses shall
not exceed two percent(2%)of the net area of the plot.
(c) Golf driving ranges. Golf driving ranges shall be a minimum of five hundred feet (500) feet from
any residentially-zoned plot.
(d) Nonproff neighborhood social and recreational faculties. Nonprofit neighborhood social and
recreational facilities located on plots less than five acres may increase the maximum plot coverage
by buildings and roofed structures to a.maximum of forty percent(40%).
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ARTICLE XXM. OPEN SPACE AND PUBLIC RECREATION DISTRICTS Page 3 of 3 5:23:28 PM
(a) Restaurants. Fast food or full service restaurants shall be permitted only as an accessory use to
country clubs and goEf courses.
(f) Swimming.
(1) Swimming pools shall be enclosed with a fence or wall a minimum of five (5)feet in height
above the ground, measured from the outside of the fence. Fences or walls shall be of such a
design and material as will prevent unauthorized access to the pool area. All gates must be
equipped with self-closing,self-latching mechanisms.
(2) Public swimming areas In lakes or other such water bodies shall be provided with
lifeguards during all hours swimming is permitted. Signs, six (6) square feet in sign area and
four(4)feet in height shall be posted at two hundred (200)foot Intervals around the perimeter
of.any open swimming area in a lake or other such water body, indicating that swimming is
permitted only during such time as a lifeguard is on duty.
(Ord. No.2000-29, § 1, 6-13-00)
Secs.39-390-39-399. Reserved.
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hup://Hbn.ayi.municode.com/mc-c/DocView/10288/l/453/478. 9/17/2007
2006 USPAP STANDARDS RULE 2-2 page 1 of 2
(b) The content of a SUMMARY APPRAISAL REPORT must be consistent Vft the Intended use of the
appraisal and,at a minimum:
Qom ment The essential difference between the Self-Cortained Appraisal Report and the Summary
Appraisal Report is the level of detail of presentation.
(1) state the identity of the client and any intended users,by name or type;
(11) state the intended use of the appraisal;
(iii) summarize information sufficient to identify the real estate Involved in the appraisal,includir*the
physical and econornic property charactsristics relevant to the assignment;
(iv) state the real property interest appraised;
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(v) state the type and definition of value and cite the source of the definition;
When reporting an opinion of market value,state whether the opinion of value is:
■ in terms of cash or of financing terns equivalent to cash,or
■ based on non-market financing or financing with unusual conditions or incentives.
(vi) state the effective date of the appraisal and the date of the report;
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(vil) summarize sufficient Information!to disclose to the client and any intended users of the appraisal
the scope of work used to develop the appraisal;
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(vqi) summarize the Information analyzed, the appraisal methods and techniques employed, and the
reasoning that supports the analyees, opinions, and conclusions; exclusion of the sales
comparison approach,cost approach,or income approach must be explained;
The appraiser must provide sufficient information to enable the client and intended racers to understand the
rationale for the opinions and conclusions, including reconciliation of the data and approaches, in
accordance with Standards Rule J&.
VVhen reporting an opinion of market value, a summary of the results of analyzing the sub sales,
options, and listings in accordance with Standards Rule L is required. If such information is
unobtainable, a statement on the efforts undertaken by the appraiser to obtain the information is required.
If such information is Irrelevant, a statement acknowledging the existence of the Information and citing its
lack of relevance is required j
Page 2 of 2
(ix) state the use of the real estate'existing as of the daft of value and the use of the real estate
reflected In the appraisal; and, when an opinion of highest and best use was developed by the
appraiser,summarize the support and rationale for that opinion;
(x) clearly and conspicuously:
■ state all extraordinary assumptions and hypothetical conditions;and
• stabs that their use might have affected the assignment results;and
(xi) include a signed certification in accordance with Standards Rule 2=3.
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Page 1 of 4
PROFESSIONAL OUAWWATIONS-JESSE_B,VANCL JR
A)PROFUSLONAL DR59NATiOTLS/DE'rMISSrt MM&CBRUZ CATIONS
MAI DESIGNATION -APPRAISAL INS'1TFLlPE&A Mamba'Na 8781
SRA DESIGNATION -APPRAISAL INSM171 U&MemberNa 8981
ASA DESIGNATION-AMERICAN SOCIETY OF APPRAISERS(RE)#003439
MBA DEGREE -REAL ESTATE MANAGEMENT AND DEVELOPMENT
FLORIDA STATE-CERTIFIED GENERAL REAL ESTATE APPRAI.SERNO,R2485
FLORIDA STATE LJC34M REAL ESTATE BRORFRNO.BK 0091050
Bl EDLmATIONLAi BACKGROUND-(Partid Ul 1
BACHELOR OF ARTS- Ewl m Co cA Riabmoad,Iadima(1954)
MBA(Nova Ltmni y)-Rea!Estate MoWmm t&Developmeet(National Dean's List 1991)
Cwm 1 (AIREA) -Baaia Prindplea of Apprsisiog
Camas 2 (AIREA) -Uibm Prapaty Vabratim(Iocomo)
Cam 4 (AIREA) -Caodemoetioa Apprs.;—!
Cmm 6 (AIREA) -home rq&dWdim&Andysis
Cause 101(SM) -IatrodactimtaAppraieing,
Caum 201(SRFA) -hm—hoputy Val mtkxa Tbmsy
Cause 202(SREA) -Applied home Property Valmtim
Cause 301(SREA) -APP]ioatma/APpraiael An*sis
S"osmm MEA) -Mm"Amlym 1978,VaWn
Sympcd mo (SREA) -Madmt Aaalysis,1979,Aamma
Symposam (SREA) -MmW Amlysia,1980,"Carolina
Symposum(SREA) -MadmtAmlyaie,1981,Tim
*=pod=(SREA) -MedaetAnalysis,1982,NevrMaoao
Symposium (SREA) - Mmimt Analysis,1993,Pamsyivaoia
Symposnmd(SRFA) -MalsetAubmx,1984,Geogp
Sys MUTA) -MmlaetAndysis61985,VmooaverBLC.
SymVomm(SREA) - MmUtAndym,1986,NewJaaey
Clinic (SREA) -#2011nrhtrctar,1997,U.of Minn
Ctmic (SREA) -#201 Inshucocr,1999,Dfmais
Sanwa (SREA) - Prafwaicoal Pre 1' 1994;Florida
Sympcn=(SREA) - MaW Anebms,1988,rAft is
Symposum(SREA) - MseAd Andy*1989,Meads
MBA GradmDe Sebod Causes: 1990—1991 I
- ?,gpJstionofRealEstateDevalepmme
- "Reel Prgpmf s Msm omnue
- "Legal Issas Ia Reel Batons"
- "Mm&d Analysis and Sb SalecW
- "Osgan>atiaod Bebavar A Develapmeot"
- "fw=Rasom�roe.M. mmvmmwC f
- 1 RAW ww�y C pif" '
- "Real Estate Fmmx:hwbmnmb,biwams&byes na t Amiytis"
"Urban bfivdrucku&Envnammmal AnsW
"Real EsbtcAaoamtatg"
- "Maketmg Mmagewat far Real Estate"
'Ccmmaaal Real Esbte La>dmg"
- "Camtnrdm Technology and the Braiding Devc1opmed Process"
SEMNAR(AI) - CostA mach(1992/Bod n)
SEMINAR(Al) - Rma&Ratios(IMMostm)
SEMINAR(AI) - IdanM imW Appraising(1991/Boatm)
SEMINAR(Al) -Litigation Vahu/blark Trial(1993)
SMAKAR(Al) -ADA ACT(19934taoo)
SOMIAR(AI) - Hold Valuation(1993)
SMAINAR(AI) -home Capitalization,Methods(1993)
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Page 2 of 4
PROFESSIONAL Ol[JALIF[CATIONS JESSE B.VANLL JR.
SEMINAR(Al) - Radiadon(1994)
SEMINAR(AI) -Vea*iog Madmt Data(1994)
SEMINAR(Al) -Madmt Studies£or Appraisals(1994)
SEMINAR(Al) -Florida Appraiser Cote Law(USPAP/1994)
SEMINAR(Ai) -Lmzbd Appraisals&Reports(USPAP/1994)
SEMINAR(Al) -Pnblic Sa£tly&Pnmpady Vahtw(1995)
SEMINAR(AI) - Oudpmeel Vahration(1995)
SEMINAR(AI) - Compgar Todmomgy Video Can&=m(1995)
SEBONiAR(AI) -The b ftmct&the Appraiser(1996)
SEMINAR(AI) -Florida Cosmaeiel C Wucfim(19W
SEMINAR(AI) - 1996 Dada 1'�c�ange(1996)
SEMINAR(Al) -Real Pmpaty Rights in Fdaida(1996)
COURSE (AI) -USPAP&Plaids Reel Estate Coe Law(1996)
SEMINAR(AI) .Vahuation of Trm(1997)
3-DAY COURSE -EnvhmnmmtdPa 01tion BWdDIOC Rork M '�
Haandou I Ww wAAndc Uabril ty(1997A&=Berk FL)
SEMINAR(AI) -V&Vbm of Transferable Devdop ftW fr'gl(1997)
COURSE (AI) - Staodw&of Praiweiood PractM Pat C,15 hoar Cotmas#430(1997)
SEIvIQ1AR(AI) -Nm-C�g Uses(1999)
SEMINAR(Al) -The h opera of Ccadamimbw m Real Estate Vane(1998)
COURSE (A) -USPAP&FlarAa Real Est de Coreaw(1 L998)
SEMIMAR(AI) . vAwdonmA&0 s(1999)
MMIIAR(Al) - GioWnfim of Red Ed defflAd U.S.Appraisal Need to Kmw(1999)
SEMINAR(An - The Role of the Appraiser is Aberamve Digm RmiLtan(M,&aa dAxbat*cm)(1999)
SEMINAR(Al) -TedmobV Fart Pert II/1nie wdide(1999)
SEMIIlQAR(Al) . Cliefln (1999)
SEMINAR(AZ) -Attedmtg and Dedeodmg anAambd(1999)
SEM IKAR(Al) - FedaaiAppraisalRDWMMmb("YellowBodO(2000)
SEMINAR(Al) - Reg<MM Analysis m AWmad Nactica Cmoepo&ApphcW=(I M
SEMINAR(AI) -AnalyzmBlaoonm Pm&xing Properties(2000)
SSEMINAR(AlM -1031 Tax DdaredH uhm am(2000)
COURSE (AI) -USPAP&Flmda Rol Estate Care law(2000)
SEMINAR(Ai) - Mediation&Alternate Dispute RMWW Samioa(2001)
SEMINAR(Al) - StateoftheAppraiadProfession(2001) 11
2-Day SEMINAR -Emioe Domain,by CLE Idaaatiooal,Tampa,Florida(MI)
SM&KAR(An -Ad Vahxem A Ps em in Flands(2002)
SEhffNAR(Al) -Role of Red Estate Appraisers m Berm vpW Prooe�QM2)
SEMIDIAR(AI) -Appaimm&the Gcaatm-Leach-BLby Fodnat Privacy Act(2002)
SEMIKAR(Al) -How to Appraise the Ugly House(2002)
COURSE(An -2-Day Came#430,Slandetds afPm6wmcml Pracdta,Part C(2002)
Sls ANAR(An -Mardoet Trends fw 2003(2003)
SEMINAR(An -Update on Cade of NoaSrardond B&M(20M)
PANE,(AA -Moderator"b&,jtY.Caomma&Ca*mss and Views on Preck6my Imdio6"D.C.(1A03)
SEMINAR(Al) -Florida State Law Sur Rai gode Appraisal(2003)
SEMINAR(Al) -Appraisal Agreememb(2003)
SEMINAR(AI) -Au bzm Die med Real Estate(2004)
MMIAR(Al) -Vabjd=for Fmw al Reporting Purposes(2004)
SMAXAR(Al) -7 Hour Nadmd USPAP Update Casale#1400(2004)
SEMINAR.(Al) -btvase Condemnation(2004)
SEMIKAR(An -Appraise Independence m the Loan Process(2004)
SUMMIIT (Al) -Modmwr at 2-day Appredsal Srmm»t in W mbiagtoo,D.C.(1=004)
SEMINAR(Al) -Lees Pt mi m Program far Red Estate Appraisers(2005)
SEMINAR(Al) -Vahratim of Wdba&(7/M)
SEMlKAR(AI) -Tri-Cauaty Reaidatdd Symposnm(8/2005)
SEMNAR(AI) -"Cool Tools"Fo- -Rmum and Use fa Vehtadw CM006)
SEMNAR(An -FREAB 7-Hour National USPAP Update W2006)
SEMINAR(AI) -FREAB 3-Hots Flcn&Stets Law f m Red Fatale Appraisal(5/2006)
SMgNAR(An -USPAP Scope of wart&New Rewmsme m(8/2006)
SElvIIlVAR(AI) -USPAP Rrapprmsin&Rmdd<enaing&R Appr W Repm0(u2007)
SEMINAR(Al) -AI 100 Susamry Appraiaal Repat/Rmidea dal(4/n
COURSE(Fla.) -14-Hoer Codmadog Edxa=(mck ft 3-Has Fhzida Coe Law)(//2007)
ANCE
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Page 3 of 4
FROM MIKALOLJALIFICATIONS-J=13 YANCLJIL
CI OUALUM AS AN EXPERT W1T1 M W REAL ESTATE VALL�T[ON
1.U.S.Coat of Appeds,FJem th Circuit
2.U.S.District Coma;Sorrthan Dish of South FkrWa
3.U.S.Di*ict Caor;New Ja my
4.US.Bml W y Corot,Smidm District d'Flaida
S.US.Bwkr4)tcy Com%District of New Jassy
6.Fkrida Cirri Cants:Brawasd,Dade,Palm Beech,Lae,Cola,Martin,and Okmcbobea Corsotiea
7.Appraiser on lowfinm r emiaeot&roam oases:TESSLER,NESS TRAM PARK,PAM SIMPSON v.
FILLICIHIO,RUBANO,PALM BEACH COUNTY(FL)vs.COVE CLUB RMSTORS,LTD.
D)E 02RW E Over#*W-five(35)years al paising end m*zing reel popaty i is Saar Florida &bilk
RESIDENCES, RESTAURANTSMARS, APARTMENT BUII DINGS, OFFICE BUILDINGS HOTELS/MOTELS, CHURCHES,
CCINDOMINILTASA=PS, HOSPITALS & NURSING HOMES, VACANT LAND, GOLF COLLRSE% GOLF CLUBS, GASOIANE
SERVICE STATIONS,MARINAS,TRAILER PARRS,SHOPPING CENTERS,BANKSITHRIFT INSTIIUTTONS,BOWLING ALLEYS,
P.U.D.'S, INDUSTRIAL BUILDINGS, TIME-SHARE DEVELOPMENTS, ROCK FM, AGRICULTURAL PROPERTIES, WATER
MANAGEMENT DISTRICT,MARKETABILITY,FEASIBILITY ANALYSES,INVESTMENT ANALYSES,AUTO SALES FACIIIT.%
LEASE VALUATIONS,TAX&ASSESSMENT APPEALS,CONDEMNATION,EXPERT WITNESS(Mambo Nowd Famm CmIcr),
BUSINESS ENTERPRISE VALUATIONS MM, AVIGATION & (x.BARANCE EASEI014TS, ESTATES, DIVORCES,
PLANNINGdLAND USE STUDIES,HIGHEST&BEST USE ANALYSES,DEPRECIATION ANALYSES,COMPONENT APPRAISALS,
ENVIRONMENTALLY SENSITIVE LAND, CONTAMINATED PROPERTIES, SUGARCANE& TURFGRASS LAND;DAY CARE
CENTERS,SELF-STORAGE FACE XIIES,FUNERAL HOMES,ANIMAL HOSPITALS
M PARTIAL LIST OF CLIENTS
PRIVATE INDMIDLIALS AND CORPORATIONS,ATTORNEYS,ACCOUNTANTS,TRUST DEPARTMENTS,CON111dBRC IAL
BAMM FirstUmen/WachamBm*AdamMMdimNabmdBm>r; Um=BeakofFkrida;Amm=NduWBank;I.mdrnwkBo*Cady
Na and Bmk Bmlctimted;Gaomy Aum m Bank;SAVINGS&LOANS,INSURANCE COMPANIES,REAL ESTATE INVESTMENT
TRUSTS,&REAL ESTATE TRANSFER COMPANIES,TITLE INSURANCE COMPANIES;FLORMA CITIES:FORT
LALMERDAIA BOCA RATOR DEERFIEL.D BEACH,OAKLANDPAIM WILTON MANORS,HOLLYWOOD.WEST PALM BEACH,
DES RAY BEAM HAT LAND LE,OAKL AND PARK,PEMBROKE PINES.FLORMA CGUMM:BROWARD,PALM BBAC K
COLL UM,OIEECHOBEE;BROWARD COUNTY BOARD OF COUNTY CO MivDSSIONiRiS;OKEBMMBE13 BOARD OF'COUNTY
COMMISSIONERS
SPAT$OF FLORIDA DEPARTMENT OF TRANSPORTATION(DOT); STATE OF FiARIDA DIVISION OF COAL.
SERVIC ES(GSA); N.BROWARD GENERAL HOSPITAL DISTRICT;
STATE OF FLORMA DEPARTMENT OF ENVIRONMENTAL PROTECTION(Approved List)
US.TREASURY DEPART3iH1YT(Geoaal Counsel,IRS.);US I►MARSBAL'S SCIMCB—US.Dept c0a ice _-
US.ATTORXWS OFFICE CENTRAL DIVISION—U.S.Dept ofJnatioe
F)APPRAISAL TEACHING EXPERIENCE
Lwmsed by do Fkcida DVwbnmt afEducat-to Teach(Catdcale No.275236). Authored and ter&Residmtw end CammmW Real
Estsme Appcalsd Cocaaea for Brawwd County Adult Education Pn�gran.TwiSk Cease 101-Society of Rod Estate App aumm Tmgbt Cease
201-Society ofReal Estate Appsaieas.Taught Appraise(Samioas-Bowd of Roobm ,ASA,SRBA,and Al(Appabd Tome).Adjunct
Pmfeasar,UmvasCy of Florida Division of CcwW=g F.do<xtiom (taught Couase 2,ved Pam Amoom and Practime to puapactive Florida
Real Fstatc Brous).
G)PROFESSIONAL OFFICES HELD
PRESIDENT - BROWARD COUNTY,SOCIETY OF REAL ESTATE APPRAISERS
PRESIDENT - BROWARD COUNTY,AMERICAN SOCIETY OF APPRAISERS
CHAIR - FLA STATE GOVffia owr RELA,1ION5 SUBCohodnmm OF Al
CHAIR - FLA.STATE LN3CrI5IAT7ON®ULATION SUBCOMIvIlTTFE OF AI
CHAIR - REM ON N X(FLORIDA)APAAC COMMITTEE OF AI
CHAIR FLORIDA REALTORS CONIC=ON COMMMITTEE REFORMS
CHAIR - EDUCATION COMMITTEE,FT.LAUDERDALE CHAPTER Al
CHAIR - EXAMIKATION COhDA ITEF,FT.IAL MERDALE CHAFMAI
CHAIR - CANDIDATES GUIDANCE COMMMITTEE,F ELAUDERDALE CHAPTER Al
VICE CHAMftAE MBER - NATIONAL GOVERNMENT RELATIONS COMMITTEE OF Al
NIIAMI3ER - NATIONAL LCING RANGE PLANNING CONSGTTEE OF Al
MEMBER - . NATIONAL PUBLIC AFFAIRS COMMITTEE OF Al
DIItEC"I OR - REGION X(Florida)Apperosel lostite
FINANCE DIRECTOR - REGION X(Florida)App=d hrstimrte 2006
NATIONAL BOD - BOARD OF DIRECTORS of APPRAISAL INSTITUTE (2007&2008)
CHAIR - REGION X-Fkrida-Appu "Tune(2 M
VICE CHAIR - REG90NX-Florida-Appsisalbo aftCnM ANCE
Page 4 of 4
ppA)EMSSON.AL OUAXMCATIONS—JFSSE S VANCL JB.
Gl PROFESSIONAL OFFICES HELD
REGIONAL REP. - REGION X(FLORIDA)far Sarah Flaida ClapW cfAI
AMMER _ RECTON X(FLORIDA)ETHICS AND COUNSELING PANEL
NoNo R - AI VALUATION IN GOV=*JE NT SECTOR SIG
DIRECTOR - BROWARD COUNTY SOCIETY OF REAL ESTATE APPRAISERS
DIRECTOR - SOUTH FLORIDA CHAPTERAMERICAN SOCIETY OF APPRAISERS
SCREE - NATIONAL EXPERIENCE REVIEW PANEL NUMBER OF Al
SPECIAL MASTER - BROWARD COUNTY BOARD OF TAX ADJUSTMENT
COMMISSIONER - 17TH JUDICIAL CIRCUIT COURT,Btoward Canty,FL
ED PRO OVAL PUBLICAUM&EML9 9ATIOI+]5
1) Wwb and taught a basic Rmdudd Appraisal Course for the Bmwwd Canty Adds EA-A,Div of dal Dept of vAm d m'
2) Wmte and taogbt.m Lroome Appraisal Carve far the Bsvwu Canty AdL*Education Division cEda Depe=tmmt cf Hdaation;
3) C*4wbmed and tmgbt sa appraisal curse an MartgwEgady Cm*dizebm for de Amracan Socidy of Appns=L
4) AWwred and tmgbt a Florida StsW aodAppraise bsddme 3-har mmiddul=min"The Lag ddim RepWm and Appraisal of Real
Property RWO in Florida SVimnbw 7,1996. 11
5) pmaudw m"Gramm-Iaach~Federal Privacy Act of 1999 for Sash Florida C hoptw of Amuwm Sandy of Appmms an October
24,2001.
6) Pmm*d 3-how Fkn&CEU-=&aemioar an"Appmm and the Caami-IAukk.Blrlay Act'bd=dw Sash Florida amptw of dw
Appraisal losbU on Jnly 27.2002.
7) Pmaedw at 6.5 Han C[,E-aedit Attmr T Sem w on Florida Emmet Damaio, md bra ea"Febm"2.2006.Fat
Lm imdek Flamda
n c�clNvoLv�rrr !
MEMBER OF ROTARY INTERNATIONAL/PAUL HARRIS FELLOW
MSNIDE .OF THE GREATBRFORT LAUDERDALE OPERA CUILD
NER43ER FLORIDA PEN s1ARMONIC BROWARD TRUSTEES
M DAM OF THE BROWARD COUNTY LIBRARY SUPPORT GROUP("BYBLM
MEMBER MtaE OF FRIENDS—NOVA SOUTHEASTERN LIBRARY FOUNDATION
mEm BERNOVA SOUTHEASTERN UNIVERSITY ALUMNI ASSOCIATION
MEMBER OF THE FORT LAUDE RDALE HISTORICAL SOCIETY
MEMBER OF THE BROWARD COUNTY MUSEUM OF THE ARTS
hMABER OF THE FORT LALME RDALE/BROWARD COUNTY CHAMBER OF CONGERCE
MEMBER OF THE BETTER BUSIIVE.SS BUREAU OF SOUTH FLORIDA
LIFETIIuIE HONORARY I&RABER FLORIDA SIMRIFF'S ASSOCIATION
IGMI]IDRNATIONAL&FT.LAt DERDAT E COUNCILU S.NAVYLEAGUE
U.S.ARMY VETERAN WWII(RA 17212681)'HONORABLE DISCHARGE 1949
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ONCE