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9786-1 48 <br /> <br />AFTER VALUE <br /> <br />Description of The Land Parcelt After Taking <br /> <br /> Size: 30.37 Hectares (75.06 Acres) <br /> <br />Shape: <br /> <br />Odd shaped, a 5 acre parcel has been carved out <br />of this parcel on the north side. <br /> <br />A new 120' wide road right-of-way curves <br />through the easterly half of the subject parcel <br />creating two odd shaped remainder land parcels. <br />The two parcels have reasonably developable <br />shapes and the new road only creates one new <br />tightly triangulated area. <br /> <br />This new triangulated area is located in the <br />steeply sloping area between the adjacent Barrett <br />Parcel and the new right-of-way. <br /> <br />Wetlands: <br /> <br />In the after condition the subject has <br />approximately 5.59 Hectares (13.8 Acres) of <br />wetlands. <br /> <br />Vegetation: <br /> <br />Open agricultural fields on the south, woods and <br />wetlands on the north. <br /> <br />Soil Conditions: <br /> <br />Varies from high buildable soils to wetlands. <br /> <br />Utilities: <br /> <br />Private well and septic required. A sewer and <br />water project to serve a broad area of southern <br />Elk River is currently in the planning stage. <br /> <br />Current plans call for public utilities to be <br />installed in the 120' wide easement being <br />acquired. However, the installation of utilities is <br />not envisioned in the original road construction. <br />Also, any benefit created by the installation of <br />utilities will be off-set by sewer and water <br />assessments. <br /> <br />.Easements: <br /> <br />A UPA easement along the westerly property <br />line. <br /> <br />Patchin & Associates, Inc. <br /> <br />Valuation Consultant~ <br /> <br /> <br />