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EXHIBIT "C" <br />Fair Market Value of the Subject Property <br />Land and structures $641,730.00 <br />(as per attached appraisal summary statement) <br />' Fixtures and Equipment pertaining to realty <br />(as per attached inventory) $ 98,270.00 <br />2. Total just compensation $740,000.00 <br />'- The City has not made a determination as to the ownership of the Fixtures and Equipment (F &E). <br />Landlord and tenant will need to come to an agreement as to the ownership of these items, before <br />compensation can be withdrawn from Escrow. Please see the attached Full Acquisition Offset Statement <br />as to how the F &E compensation is to be distributed. In the event that Landlord and Tenant are not able <br />to agree as to the division of F &E compensation, Escrow is instructed to withhold these funds from <br />payment to Landlord ( "Seller ") until said agreement has been deposited with escrow, or otherwise hold <br />said funds on deposit. <br />2. The total just compensation offered assumes that the property is free of any environmental <br />contaminates or other conditions which may impact fair market value. <br />