Michael J.

Bernholz, CCIM, SRA, MAI

QUALIFICATIONS OF MICHAEL J. BERNHOLZ, SRA, CCIM, MM NYS CERTIFIED R.E. GENERAL APPRAISER #4600000522I NJS CERTIFIED 12 E. GENERAL APPRAISER #42RG00084900 FHA APPROVED APPRAISER Formal Education Bachelor of Science Degree - Brockport University, Rochester, NY. Major in Business Administration Minor in Real Estate Economics and Mathematics Designations SRA designated member of the Appraisal Institute CCIM designated member of the Commercial Investment Real Estate Institute MAI designated member of the Appraisal Institute MembershipsagarassjanglALallagm Member, NYS Society of Real Estate Appraisers Member, National Association of Realtors Member, NYS Association of Realtors President, Hudson Valley Appraisal Corporation Real Estate-Related Experience Town of Olive Assessor - 1982 Treasurer, Ulster County Board of Realtors - 1984-1987 Board of Directors, Ulster County Board of Realtors, 1984-1987 Vice President, Ulster County Multiple Listing, 1989 Broker-Owner, Prudential Hudson Valley Properties completed over 2000 transactions - million dollar seller 1977-1987 Appraiser - full time, self-employed - 1977 - Present President- Hudson Valley Appraisal Corporation - 1983 - Present Society of Real Estate Appraisers Courses 101 - An Introduction to Appraising Real Property 102 - Applied Residential Property Valuation Demonstration Lock-In Awarded an Educational Scholarship

HUDSON VALLEY APP AISAL

CORPORATION

Michael J. Semholz, CCIM, SRA, MAI

Appraisal Institute Courses 201 - Principles of Income Property Appraising 202 - Applied Income Property Valuation 1410 - Standards of Professional Practice, Part A., 4/19/96-4/20/96 0274 - 110 Standards of Professional Practice, Part B, 10/3/97 - 10/4/97 11430 - Standards of Professional Practice, Part C, 9/21/01 2185-07 Appraisal of Local Retail Properties, 11/8/01 2814-07 Dynamics of Office Building Valuation, 11/9/01 CCIM Courses through the Realtors National Marketing Institute CCIM Course 101, Fundamentals of Real Estate Investment and Taxation CCIM Course 102, Fundamentals of Creating a Real Estate Investment CCIM Course 103, Real Estate Taxation and Marketing Tools For Investment Real Estate CCIM Course 104, Impact of Human Behavior on Commercial Investment Decision Making CCIM Course 105, Case Studies in Commercial Real Estate GRI 1 & 3 through the National Association of Realtors Continuing Education How to fill out F.H.L.M.C. form 70/FNMA form 40 How to fill out revised FNMA form 1004 Employees Relocation Council, September 1988 Marshal Swift Valuation Service Segregated Method, October 1988 Seminar on Professional Practice, Society of Real Estate Appraisers, 1989 Seminar on Uniform Industrial. & Commercial Appraisal Reports Seminar on "Boundary Law In New York", National Business Institute, Inc. Seminar on Assessment and Easements, 1993 The New Uniform Residential Appraisal Report, 1993 Appraisal Reporting of Complex Residential Properties, 1994 Understanding Limited Appraisals-General, 1994 Planning and Zoning Law Seminar, 1995 The Appraiser and Expert Testimony, 1995 Seminar on Appraising Conservation and Preservation Easements, 1995 The Appraiser's Complete Review, 1996 Special-Purpose Properties: The Challenges of Real Estate Appraising in Limited Markets, 10/96 Contemporary Valuation Issues as They Relate To Ad Valorem Taxation, .1997 Eminent Domain for Attorneys & Appraisers: National Highway Institute, 1998 1999 Proposed USPAP Changes: Mid Hudson Chapter, 1999 Litigation Appraising - Current Issues in Tax Certiorari, 1999 Litigation Case Studies, 5/12/99 Attacking & Defending an Appraisal In Litigation, 1999 Case Studies in Commercial Highest & Best Use, 6/9/2000 Subdivision Analysis Seminar, 6/15/2001 8''' Annual Spring Appraisal Conference, 4/19/2002

HUDSON VALLEY APPRAISAL

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4111P0.
Scope of Work: Expanding Your Range of Services, 9/16/03 USPAP Update, 10/8/03 Small, Mixed-Use Properties, 11/21/03 Mathematically Modeling Real Estate Data, 3/15/04 Uniform Standards for Federal Land Acquisitions, 7/7/04 Appraising for FHA 2005, 12/21/04 Conservation Easements Valuation & Case Studies, 4/25-27/06 USPAP Update Course, 9/21/06 Appraisal of Local Retail Properties, 5/17/07 FHA Appraising and the Lending Process, #3178-07, 5/19/08 USPAP Update Course, 12/17/08 Green Construction #2985, 3/26/09 Business Practices and Ethics #2586-08, 9/27/09 Quality Assurance in Residential Appraisals #2968-07, 10/29/09 Environmental Issues in Home Ownership #3695-03, 03/24/11 2010-2011 National USPAP Update Course, #2365-07, 4/28/11 An Appraisal Guide to Understanding the UAD, #3734, 6/20/11 The Appraiser as an Expert Witness: A Case Study and Mock Trial, #3769-05, 10/19/11 Online Professional's Guide to the Fannie Mae 2-4 Unit Form 1025, 11/29/20.11 Government/State/Federal Agency Clients N.Y.S. Department of Transportation NYC Department of Environmental Protection (one of six companies selected statewide to appraise for the DEP's Land Acquisition Program in the watershed areas serving New York City) NYS Department of Conservation Watershed Agricultural. Council NYS Job Development Authority NYS Dormitory Authority NYS Thruway Authority and Canal Corporation NYS Attorney General's Office NYS Office of General Services NYSUT NYS Office of Mental Retardation Farmers Home Administration F.D.I.C. US. Marshall Town of Ulster City of Kingston Town of Rosendale Town of Plattekill Town of Shandaken County of Orange County of Columbia Town of Cortlandt

Mat

Michael J. Bernholz, CCIM, SRA, MAI

HUDSON VALLEY APPRAISAL

CORPORATION

Michael J. Bernholz, CCIM, SRA, MAI

Review Appraiser Reviewer of commercial, narrative reports for numerous lending institutions. Court Testimony Testified as Real Estate expert in Supreme Court on numerous occasions. Types of Property Appraised Single-family, Multi-family, Coop, Apartment Complexes; Condominium Projects, Subdivision Analyses, Industrial Properties, Mixed-Use, Motels, Restaurants, Hotels, Resorts, Golf Courses, Mobile Home Parks, Bowling Alleys, Vacant Land, Farms, Marinas and Regional Malls, et al. Also experienced in appraisals of Avigation Easements, Permanent and Temporary Easements, Conservation and Agricultural Easements.

HUDSON VALLEY APP AISAL

CORPORATION

Michele lannuzzi Sucich, M.D. 421 Old Post Road Marlboro, NY 12542 aggiebulldog@hotmail.com February 1, 2012 Hon. Terry Bernardo Chairman Ulster County Legislature VIA E-MAIL TO: KBIN@CO.I JLSTER.NY.US RE: Golden Hill LDC Dear Chairman Bernardo: I am writing to express my interest in serving on the Golden Hill Local Development Corporation. By way of my professional background, I graduated from Marlboro Central School District in 1990. Thereafter, I studied in Europe as an exchange student for a year and graduated Siena College in 1994, with a Bachelor of Science Degree in Biology. I attended SUNY Health Science Center at Syracuse where I received my Doctor of Medicine Degree. My medical residency was in southern New Jersey. I was interested in elder care. As a result, I sought and accepted a two-year Fellowship in geriatric medicine at the University of Connecticut (UCONN). Upon completion of my Fellowship, I returned home to Marlboro where I worked as a physician in Modena for four years in family practice and geriatrics. I also earned a Certificate of Added Qualification in Geriatric Medicine and am licensed to practice Medicine in New York. During my time practicing medicine in Modena, I taught as an adjunct at SUNY Ulster. I enjoyed teaching so much that when an opening occurred for a full time teaching position at SUNY Orange, teaching Anatomy & Physiology to those in the pre-allied health professions programs, I accepted that position. I have been a lecturer and presenter on numerous health related topics. I care a great deal about the health of everyone, but am particularly interested in healthcare for the elderly.

Some of the presentations I have given include. The Spectrum of Autism - Office of Disability Services Faculty Workshop

SUNY Orange Stroke and Transient Ischemic Attack - University of Connecticut , Farmington, CT Geriatrics: A Whirlwind Tour: Part II - South Central Connecticut Agency on Aging, New Haven, CT Internal Medicine Grand Rounds: Geriatrics Jeopardy Moderator University of Connecticut, Farmington, CT Pneumonia in the Elderly - New Britain General Hospital Housestaff Conference, New Britain, CT Surgical Management of Parkinson's Disease University of Connecticut Geriatric Fellows' Conference, Farmington, CT Osteoporosis: Diet, Exercise, and Medical Management - Healthy Bones Osteoporosis Support Group, Hainesport, NJ Some of the publications I have authored or co-authored include., Osteoporosis in Older Men - Michele lannuzzi Sucich and Pamela Taxel in

Aging Men's Health, Thieme New York.

Osteoporosis in Older Men - Michele lannuzzi Sucich and Anne M. Kenny in Encyclopedia of Endocrine Diseases, Vol 3, Elsevier, Inc. Fall-Risk Assessment and Management in Clinical Practice: Views from Healthcare Providers - Richard Fortinsky, Michele Iannuzzi-Sucich, Dorothy Baker, Margaret Gottschalk, Mary King, Cynthia Brown, and Mary Tinetti in JAGS 52:1522-1526. Precepting Via Innovative Use of Technology - Michele Iannuzzi Sucich and Eugene Orientale, Jr. in Family Medicine. 2003;35(10):699-701. Optimal Strategies for Pain Control in Elderly Patients - Michele Iannuzzi Sucich in Consultant. 2003;43(12):1461-1466. Prevalence of Sarcopenia and Predictors of Skeletal Muscle Mass in Non-Obese Women Who Are Long-Term Users of Estrogen Replacement Therapy - Anne M. Kenny, Laticia Dawson, Allison Kleppinger, Michele Iannuzzi Sucich, and James 0. Judge in J Gerontol Biol Sci Med Sci. 2003;58A(5):436-440. Prevalence of Sarcopenia and Predictors of Skeletal Muscle Mass in Healthy, Older Men and Women - Michele Iannuzzi Sucich, Karen M. Prestwood, and Anne M. Kenny in J Gerontol Biol Sci Med Sci. 2002;57(12):M772-777.

Parkinson's Disease: Pharmacologic and Surgical Management in the New Millennium - Michele Iannuzzi Sucich and Sandra Bellantonio Ravelli in Family Practice Recertification. 2002;24(7):35-48. Preventive Medicine for Older Women: Gynecologic Screening Guidelines Michele Iannuzzi-Sucich and Anne Kenny in Family Practice Recertification. 2004;26(6):53-58. Aside from time out of Ulster County relating to my education, I am a life-long resident of Ulster County. My medical training and education have focused on geriatric medicine, which is an area of particular interest to me. Whether one is for or against the sale of Golden Hill, as a Doctor I am concerned about the quality of care which will be offered to those who reside there now, and may do so in the future. I believe the proper sale of Golden Hill naturally will take into account the business end of the sale, expertise on Medicaid and healthcare finance, and of course, the quality of healthcare a potential purchaser will offer to the residents (now and in the future) of Golden Hill or its successor. I understand each aspect of each of those considerations, but naturally feel I could be a particular asset in querying potential purchasers on healthcare issues, and how they treat their residents and ensuring the continuation of a high standard of care for those who live there. I would welcome the opportunity to be considered for this position and am available to meet on this matter at a mutually convenient time to discuss the LDC in greater detail, including Directors Insurance (which I have previously discussed with you), anticipated meeting schedules, and any other related matters. Sincerely,

Michele Iannuzzi Sucich, M.D.