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DocuSign Envelope ID:26CB3394-9EF5-42C1-8EAB-432A9B415AA4 <br /> Analytical 125 Kingston Drive <br /> Analytical Suite 206 <br /> Consultants Chapel Hill, NC 5 <br /> 1 Tel: 919-929-9-9539 39 <br /> The Commercial Real Estate Professionals Fax: 919-929-9543 <br /> PROPOSAL TO APPRAISE <br /> June 28,2016 <br /> Jeffrey E.Thompson <br /> Director,Asset Management Services <br /> Orange County Government <br /> 131 West Margaret Lane, Suite 300 <br /> Hillsborough, NC 27278 <br /> (919)245-2625(office) (919)245-2658(direct) (919)201-0192(mobile) <br /> Re:A 66,452 SF office and governmental services facility and a 4,500 SF patio space that is part of the Hillsborough <br /> Commons Development located at 113 Mayo Street in Hillsborough, NC <br /> Purpose:To estimate leased fee and fee simple market value for in two separate reports to aid the client in negotiating a <br /> potential purchase of the property. <br /> Type of project/Scope of work:Appraisal reports in a narrative format using all applicable approaches to value. The Sales <br /> Comparison Approach and Income Approaches to value are usually used for properties like as the subject. <br /> Due Date: July 1,2016 if this letter is accepted in the next three business days. <br /> Fee:$5,000($2,500 per report) <br /> Payment Terms: The fee is due within 30 days after report delivery. It is clearly understood that the appraisal fee is not <br /> contingent upon a predetermined value conclusion and the end result may not be the expectation of the client. <br /> Appraisal Date: Date of inspection <br /> Copies:PDF copy. 2 original signed copies upon request. <br /> Property Contact/Requested Materials: Please provide a contact for access to the building as well as any surveys, building <br /> plans,site plans and other information pertinent to the real estate at the property. We have already been provided with lease <br /> information. <br /> Signed: go,L.N y <br /> Eou <br /> Paul L.Snow ''}°"' `° <br /> '1ZE fir'. yam. <br /> Accepted: =• _ Date: June 28,2016 <br /> Accepted: Date: <br />