Property: The real property to be appraised is located along US 42 at Stevenson Road, Xenia, Greene County, Ohio, whose Parcel Numbers are M36-0002-0029-0-0017-00 consisting of +/- 257 acres and M36-0002-0029-0-0018-00 consisting of +/- .82 acre according to the Greene County Auditor and is listed and described in the attached Exhibit “B” which is made a part of this Agreement (the “Property”). The Appraiser is instructed to consider using the description(s) and exhibit(s) of the land provided in Exhibit “B” unless a completed survey is provided to the Appraiser by the Department of Administrative Services prior to the expected Appraisal completion date or if the Appraiser finds more relevant supporting data prior to the expected Appraisal completion date. The Appraiser shall furnish a substantiated Appraisal Report (the “Appraisal”) of the market value of the Property being appraised, to be estimated in accordance with recognized appraisal procedures. The Appraiser shall make such investigations and studies as are necessary to derive sound conclusions as to the market value of the Property and to prepare an adequate Appraisal. The Appraisal is subject to review by the Department of Administrative Services, Office of Real Estate and Planning and must conform to the Uniform Standards of Professional Appraisal Practice (USPAP) as an Appraisal Report under USPAP Standard 2-2(a) and the Appraisal shall include the following items: Client: The client for this report is the State of Ohio, Department of Administrative Services and Central State University. Intended Users: The intended users shall include: the named client, the State of Ohio, the Ohio Department of Administrative Services and Central State University. Intended Use: The intended use of the Appraisal is for evaluation of its potential sale of the Property. Assignment: Appraiser is to develop an opinion of market value of the as is, fee simple interest based on the supported economic highest and best use for the Property as follows: • The Appraiser shall first report, regardless of any larger parcel determination, a market value conclusion for each tract provided herein, and calculate an aggregate per acre value containing all tracts.
