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Lots 3, 33, 2 & 32, Part of Golden Eagle Estates Addition ' M1 Land Company Real Estate Services, I 1.1 -. 14799 Woodend • Bonner Springs, Kansas 66012-7721 E-mail Address: TheLandCo@aol.com (913) 441-8441 PROJECT NUMBER: 85 U-2301-01 DATE? /,J411 CITY OF SALINA, COUNTY OF SALINE TRACT T NO. 8 LOCATION: Part of Golden Eagle Estates Addition, Block 5, Lots 3, 33, 2 and 32, Salina, Kansas OFFER To: Gary W. Reed and Diane J. Reed Family Trust 2351 Huntington Road Salina, KS 67401 Dear Trustees: The City of Salina, Kansas, (the City) has approved a program for the construction and improvement of the above mentioned project. To accomplish the anticipated improvement, it will be necessary to acquire certain real property as indicated on the engineering plans and more particularly described in the instruments which will be presented to you for signatures if you are receptive to the offer. Based upon the fair market value of such real property, as determined by established procedures, the City, offers you the sum of NINE HUNDRED EIGHTY DOLLARS ($980.00) for your real property, which has been determined to be just compensation for your property, or the portion thereof to be acquired. Real Property to be acquired includes: Permanent Sidewalk Easement 39 sq. feet Temporary Construction Easement 1,716 sq. feet The basis of the offer was established by an appraisal made by personnel trained in real estate appraisal techniques. The appraisal process is designed to establish the fair market value of the property. Should our offer not be acceptable to you, our only alternative under established procedure is to proceed under the laws of eminent domain (sometimes known as "condemnation" procedure). "Providing Land Acquisition Services For Over 20 years" In the event of either negotiation or condemnation, the landowner will be paid the full amount of the negotiated settlement, or the amount of just compensation allowed by the court appraisers, prior to the time the City will require the landowner to vacate the property. The items set forth in K.S.A. 26-513 (listed below), if applicable to your property, and other items, were considered in ascertaining the amount of compensation and damages for the property. Other factors may also have been considered. They were not considered as separate items of damages, but were considered only as they affect the total compensation and damages established by our appraiser. 1. The most advantageous use to which the property is reasonably adaptable. 2. Access to the property remaining. 3. Appearance of the property remaining, if appearance is an element of value in connection with any use for which the property is reasonably adaptable. 4. Productivity, convenience, use to be made of the property taken, or use of the property remaining. 5. View, ventilation and light, to the extent that they are beneficial attributes to the use of which the remaining property is devoted or to which it is reasonably adaptable. 6. Severance or division of a tract, whether the severance is initial or is in aggravation of a previous severance; changes of grade and loss or impairment of access by means of underpass or overpass incidental to changing the character or design of an existing improvement being considered as in aggravation of a previous severance, if in connection with the taking of additional land and needed to make the change in the improvement. 7. Loss of trees and shrubbery to the extent that they affect the value of the land taken, and to the extent that their loss impairs the value of the land remaining. 8. Cost of new fences or loss of fences and the cost of replacing them with fences of like quality, to the extent that such loss affects the value of the property remaining. 9. Destruction of a legal nonconforming use. 10. Damage to property abutting on a right-of-way due to change of grade where accompanied by a taking of land. 11. Proximity of new improvement to improvements remaining on condemnee's land. 12. Loss of or damage to growing crops. 13. That the property could be or had been adapted to a use which was profitably carried on. 14. Cost of new drains or loss of drains and the cost of replacing them with drains of like quality, to the extent that such loss affects the value of the property remaining. 15. Cost of new private roads or passageways or loss of private roads or passageways and the cost of replacing them with private roads or passageways of like quality, to the extent that such loss affects the value of the property remaining. Value of the Permanent Easements to be acquired: Permanent Sidewalk Easement 30 sq. feet $ 53.63 Value of Temporary Easements to be acquired: Temporary Construction Easement 1,716 sq. feet $ 471.90 Cost to Cure Items: Damages to small tree and miscellaneous landscaping $ 450.00 Total Compensation and Measure of Damages Rounded $ 980.00 If the above offer meets with your satisfaction, please sign a copy of this Offer where indicated below and return same to me. City of Sa .na, Kansas : i J• rAmrein Land Acquisition Agent ACCEPTED AND APPROVED -b; L This el day of 1.20/ , 204-1 GARY W. REED AND DIANE J. REED FAMILY TRUST By: ,01 Printed Name:6ARV W R 2 1\aI■C-.� Title: -z L,64-a. Address: 8455 e.hNvrni- , Me/9 er L-AS 1�eywS , ,J ✓ gq / 31