FLAVELL, TENNENBAUM & EDWARDS, INC.

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9. ADDITIONAL FINDINGS IN CERTAIN CASES Additional conclusions, if applicable, as follows: a. Separate Held Interests If there are separately held interests in the real property to be acquired, such as easements, leaseholds, air rights, life estates, and oil, gas, or mineral rights, and the division of ownership is not of such character as to destroy the practical unity of the property, APPRAISER shall apportion his therein to be acquired to each separately held interest. The report shall contain the data, analyses, and reasoning by which APPRAISER made the apportionment. If the "unit rule" is regarded as not applicable because the division of ownership is such as to diminish the fair market value of the property as a whole, the separate interests involved shall be appraised separately. b. Owner -Occupant in a Multifamily or Mixed - Use Property If the property is a multifamily or mixed -use (residential and nonresidential) property and the owner of a compensable interest therein, as defined in the next sentence, occupies a dwelling in the property, APPRAISER shall furnish an apportionment of the estimate of the fair market value of the whole property to such dwelling, or to each such owner occupied dwelling if more than one, and to the remainder of the property. For the purpose of this paragraph, an occupant of a dwelling shall be considered to own a compensable interest in the property if he holds fee title, a life estate, a 99-year lease, or a lease with not less than 50 years to run from the date of valuation, or holds an interest in a cooperative housing project which includes the right of occupancy of a dwelling unity therein, or is the contract purchaser of any of the foregoing estates or interests, or has a lease -hold interest with option to purchase. APPRAISER'S report shall explain how such apportionment was made and the rationale therefor. c. Loss of Goodwill If City has requested APPRAISER to appraise the loss of goodwill to a business enterprise resulting from CITY"S acquisition, APPRAISER shall include in the appraisal report, or in any other appraisal report submitted to CITY where such appraisal is made after the appraisal report described above is submitted to CITY, the following: (1) APPRAISER'S estimate of the goodwill value of the business including the figures and calculations upon which such estimate is based. (2) The availability of alternative sites upon which the business could be relocated. (3) The estimated loss in goodwill value to the business enterprise resulting in operating at an alternative site, or of closing the business when no alternative sites are feasible.