CN-370000-PL304-T25.pdf

This document is a Task Assignment Notification Form issued by the Florida Department of Environmental Protection (DEP), Division of State Lands, Bureau of Appraisal. The assignment engages Marr & Associates Appraisal Company, Inc., represented by Trent Marr, to perform appraisal services for property located in Monroe County, Florida. The contract is identified as DEP Contract #PL304, Task Assignment #25, with Bureau of Appraisal File #19-8037. The subject property comprises two parcels totaling approximately 194.75 acres owned by Lhu Family Trust I (84.18 acres) and Lhu Family Trust II (110.57 acres) located on Ramrod Key in the Florida Keys, within the Florida Forever project area.

The fixed-price total compensation for appraisal services is $7,495.00, with completion required upon transmittal of an approved Appraisal Report within a requested timeframe of 35 days or best time frame. The appraisal is to estimate current market value for potential state acquisition of fee simple interest in the property. The deliverables include an Executive Summary, Appraisal Checklist, and a Narrative Multiple Parcel Ownership Appraisal Report prepared in accordance with Supplemental Appraisal Standards for the Board of Trustees and Uniform Standards of Professional Appraisal Practice. The appraiser must provide a five-year history of title and verify site buildability and development potential through coordination with proper authorities. Project funding is sourced from Florida Forever (Organization Code 37102200000, Fund #348014), with the work assigned effective upon execution of the task assignment.