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action did not provide an accurate and fair representation of the pre- improvement market <br /> value of the remainder of the property. The district court cited Schwab's testimony that <br /> about 65% of the property was located within a flood zone, which affected his opinion of <br /> the property's highest and best use. But the district court found that the floodplain <br /> designation on Sheehy's property had actually been reduced in 1999, removing nearly all <br /> of the property from the floodplain. <br /> The city argues that the district court misinterpreted Schwab's appraisal, citing his <br /> testimony that he assumed for valuation purposes that Sheehy's property was all located <br /> on high ground. But Schwab testified that "[a]t the time [he] did the appraisal for the <br /> Sheehy property, [he] believed it was in the floodplain." This statement is consistent <br /> with Schwab's 2006 condemnation appraisal, which examined the whole of Sheehy's <br /> property, stated that the property's highest and best use was for cold storage, and <br /> recommended that, under a current flood restriction, the property could be used for <br /> storage of materials that could be readily removed in case of a flood warning. <br /> The city also maintains, based on the testimony of Tomczik, an RCWD permit <br /> coordinator, that any evidence of increased property value due to removal of the ponding <br /> and flowage easement would be speculative because Sheehy would need to seek approval <br /> of a formal development plan before the easement could be removed. But the district <br /> court credited the testimony of Almer, the water resource engineer and former RCWD <br /> employee, who testified that there was no engineering reason not to recommend release <br /> of the easement given that the floodplain designation had changed and that the RCWD <br /> board followed his recommendations nearly 100% of the time. This court defers to the <br /> 14 <br /> 27 <br />