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$860,000, for the L32 acre Agency Assemblage. Embodied in this range of value is the assumption <br /> that the Agency sale can be parcelized and sold to individual commercial businesses that are feasible <br /> on the sites. However, due to the limited depths of the sites, the commercial uses would not include <br /> major retailers. Such as those at Marina Square. Furthermore, it would be necessary to assume the <br /> private assemblage of 3.66 acres would not occur. The potential commercial uses might include a <br /> service station or real estate related offices. Such commercial uses, while supporting a higher reuse <br /> value, do not achieve the policy objectives of the Agency for the revitalization of Marina Boulevard. <br /> • <br /> K E Y S E R M A R S T O N A S S O C I A T E S I N C. <br /> 1909610014- 002.doc Page 10 <br />