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<br />I <br />re <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />, <br />I <br />I <br />I <br />I <br />I <br />I <br />'- <br />I <br />I <br /> <br />Mr. Aaron Parrish <br />City of Arden Hills <br />April 18, 2002 <br />Page Two <br /> <br />favors the cause of the client, the amount of value estimate, the <br />attainment of a stipulated result, or the occurrence of a <br />subsequent event. The undersigned's analysis, opinions and <br />conclusions were developed and this report has been prepared in <br />conformance with the Uniform Standards of Professional Appraisal <br />Practice. The undersigned has made a personal inspection of the <br />property that is the subject of the report. <br /> <br />If you have any questions or comments after reading this <br />appraisal, please contact the undersigned. <br /> <br />APPRAISAL CONCEPTS, INC. <br /> <br />Certified to this 18th day of April, 2002. <br /> <br />~k~o/ ~d/ <br /> <br />William H. Cushman, MAl <br />Certified Federal General Appraiser <br />Minnesota License #4001638 <br />