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Agmt14 Valbridge Property / Hulberg & Associates Public Works Services Yard
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Agmt14 Valbridge Property / Hulberg & Associates Public Works Services Yard
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Last modified
9/30/2014 12:48:47 PM
Creation date
9/30/2014 12:48:45 PM
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Agreement
Contractor Name
Valbridge Property Advisors/Hulbert & Associates
PROJECT NAME
Cosnulting preparation of appraisal for City's Public Works Services Yard
RMP File Number
304
Date
9/29/2014
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EXHIBIT"A" <br /> SCOPE OF SERVICES <br /> Preparation of an Appraisal Report for the City's Public Works Services Yard, APN 054-011-060, <br /> located at 1400 Broadway <br /> In conformance with the Code of Profession al Ethics and Standzrds of Professional Practioce of the <br /> Appraisal Institute, Consultant shall prepare an appraisal of the City's property located at 1400 <br /> Broadway, Redwood City, evaluating three development scenarios. <br /> Scenario One evaluates the property under the Current Zoning (Mixed Use Commercial — Gateway <br /> Broadway) <br /> Scenario Two evaluates the property at its highest and best use. For the purposes of evaluation, <br /> residential use is not considered appropriate for this property. <br /> Scenario Three evaluates the value of the property if sold at current prices paid by automobile <br /> dealerships in comparable locations. <br /> PROJECT COST <br /> All Work to be completed for a lump sum of$5,500. <br /> PROJECT SCHEDULE <br /> All work to be complete and the final written report delivered to the City electronically within 30 days of <br /> execution of this Agreement. <br /> ATTY/AGR/2014.168/APPRAISAL REPORT PUBLIC WORKS SERVICES—VALBRIDGE&HULBERG <br /> REV:09-16-2014 VR <br /> Page 5 of 5 <br />
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