Laserfiche WebLink
<br />I <br /> <br />O.Lts <br />Page 55 <br />ATTACHMENT 6 <br /> <br />Appraiser - Seevers, Jordan, & Ziegenmeyer <br /> <br />Will appraise the property securing the bonds at its fair market value assuming all <br />proposed improvements are constructed. This appraisal is a very important <br />component of the financing as it will serve as the basis for the "value to lien" ratio <br />which measures the value of the proposed project in relationship to the amount <br />of bonds sold. The value to lien ratio is an important security metric because the <br />only security the bond holders will have in the event of a default is the property <br />securing the bonds. <br />