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APPROVED 5/10/2010 <br /> <br />OC Board of Adjustment – 3/8/2010 Page 31 of 86 <br />1 2 3 <br />4 <br />5 6 7 <br />8 <br />9 10 11 <br />12 <br />13 14 15 <br />16 <br />17 18 19 <br />20 <br />21 22 23 <br />24 <br />25 26 <br />27 <br />28 <br />29 30 <br />31 <br />32 <br />33 34 <br />35 <br />36 <br />37 38 <br />39 <br />40 <br />41 42 <br />43 <br />44 <br />45 46 <br />47 <br />48 <br />49 50 <br />51 <br />52 <br />53 54 <br />Vic Knight: Roughly 30 years. <br /> <br />Nick Herman: Did you do an appraisal analysis for the proposed kennel in this case? <br /> <br />Vic Knight: The Impact Analysis of the proposed canine college, yes sir. <br /> <br />Nick Herman: Was the impact analysis completed pursuant to the Uniform Standards of Professional Appraisal Practices <br />more commonly referred to as USPAP? <br /> <br />Vic Knight: USPAP would not apply to this particular component except under the condition of consulting and without going <br />into a litany of that, there is no appraisal opinions of value developed in the report. <br /> <br />Nick Herman: Were you ask to evaluate whether this proposed kennel would maintain or enhance the value of contiguous <br />property? <br /> <br />Vic Knight: Yes. <br /> <br />Nick Herman: Was that the focus of your Impact Study? <br /> <br />Vic Knight: Yes sir. <br /> <br />Nick Herman: Did you reach a conclusion on that question? <br />Vic Knight: Yes sir. <br /> <br />Nick Herman: What was your bottom line? <br /> <br />Vic Knight: I can find no evidence, historically speaking, from any of the real estate information that there is a negative <br />impact by this proposed design of this particular structure. <br /> <br />Nick Herman: You have heard the testimony from Mr. Whitaker and Mr. Stewart. Were you familiar when you did your <br />Impact Study with the plans for this facility as set out by those witnesses? <br /> <br />Vic Knight: Yes sir. Mr. Whitaker provided those drawings to me over a course of time and other documents as well. <br /> <br />Nick Herman: Did you have the benefit of the input of Mr. Stewart in connection with his opinion? <br /> <br />Vic Knight: Yes. <br /> <br />Nick Herman: You took that into account as well? <br /> <br />Vic Knight: I did. <br /> <br />Nick Herman: Would you summarize for the board, now that you have given your bottom line opinion, the analysis that you <br />have conducted to serve as the basis for your opinion. <br /> <br />Vic Knight: The report is developed essentially into two parts. The first part is essentially a description of the existing <br />conditions are you see them today, today being the day that I first visited the property. In addition to that, there is additional <br />description of the proposed facility as I saw them off the drawings and the other reports that were made available to me. <br />Once those things were understood, you have a clear picture of what the proposed facility would look like then you go about <br />a process of trying to derive what impact similar properties might have on or surrounding properties that might exist where <br />those facilities are located. <br /> <br />What I did was, initially start off with a location called Wildwood located at NC 86, just south of interstate 85. There was a <br />reference earlier that is where the Wal-mart and Hope Depot location happens to be. The reason for choosing that is three