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                     I. PROBLEM ASSIGNMENT 
    The content of an appraisal is determined by the decision 
for  which   it  will  serve  as a benchmark and by the limiting 
assumptions inherent in   the  property,   data  base, .or  other 
factors in the decision context. 
    This appraisal is requested as a    measure  of  fair  market 
value as of August 1, 11981, of   the   property  located  at  29 
East  Wilson   Street  in the City of Madison for the purpose of 
determining the most probable selling price for the property. 
A.  Leal.Interest, to be .Appraise 
       1.Property Identif ication 
       The ,subject property of this appraisal is the  Bellevue 
    Apartment    Building   in   downtown    Madison, Wisconsin, 
    identified as 29 East Wilson    Street .(see  Exhibit   1 for, 
    location   near  the  Capitol Square), and more specifically 
    identified as tax parcel number O7O9-2~42-O11~4-1. 
    2.   Legal Description 
        'According to the records in the City Assessor's   office 
     the  legal  description  of   the  subject  property  is   as 
     follows: 
         NE1/2 of Lot 4~ and all of Lot  5  except  the  part 
         used  for  RR  purposes,, Block 87, in the Original 
         Plat  of  the  City  of    Madison,   Dane   County, 
         Wisconsin.. 
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