ENGAGEMENT LETTER

Date: December 15, 2025

To: Jane Appraiser
    Colorado Department of Transportation
    Region 1 Right of Way
    2000 S Holly Street
    Denver, CO 80222

Re: Appraisal Services
    Project: Maple Street Road Widening (RDW M100-010)
    Property: 1200 Maple Street, Centerville, Colorado 80100
    Owner: Greenfield Holdings, LLC
    Parcel: 12-345-67-001
    File Number: 2026-DEMO

Dear Ms. Appraiser:

This letter confirms our engagement to prepare an appraisal of the above-referenced
property in connection with the Maple Street Road Widening project. The purpose of the
appraisal is to estimate the market value of the property and the just compensation
for the proposed acquisition of a permanent easement (PE-10).

The permanent easement area contains approximately 1,500 square feet.

The effective date of value shall be January 15, 2026.

Sincerely,

Demo Appraisal Services, Inc.
