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<br />October 18, 2021 <br />FM Area Diversion Project <br />Acquisition Summary <br />October 18, 2021 <br />OIN 5002 <br />Property Owner Ryan and Jessica Richard <br />Mailing Address 11701 57th Street S, Horace, ND 58047 <br />Property Location Drain 27 <br />Property Type Agriculture <br />Land Agent Ken Helvey - SRF <br />Landowner Representative Nick Delaney <br />Property Need <br />The parcel is within the Drain 27 Southern Embankment area associated with the Project. The <br />Diversion Authority is required to obtain the entire parcel for the Drain 27 Southern Embankment. <br />Valuation and Negotiation Summary: <br />Appraisal Value / Date $1,250 – 9/23/2021 - Necessary TCE <br /> <br />Alternate (not part of this action) <br />Homestead and 2.39 acres land/site taking – $775,000 <br /> <br />Miscellaneous Provisions <br />Counteroffer received for $1,400,000. CCJWRD did not take action on this counteroffer. <br />Page 4 of 33 10/18/2021