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Agmt10 Hulberg and Associates
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Agmt10 Hulberg and Associates
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Last modified
6/22/2010 1:46:20 PM
Creation date
6/22/2010 1:46:18 PM
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Agreement
Contractor Name
Hulberg and Associates
PROJECT NAME
Professional Services real property appraiser, 20,50,70 and 80 Chemical Way
RMP File Number
304.5
Date
6/22/2010
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<br />. <br /> <br />EXH1BIT "All <br /> <br />SCOPE OF SERVleES <br /> <br />Itemized List of what Consultant will do for City and at what price and schedule. <br /> <br />The scope of assignment includes the appraisals of six (6) properties comprising four <br />(4) ownerships. The four (4) ownerships identify 4 Illarger parcel" properties for <br />appraisal purposes. These properties are identified as follows: <br /> <br />20 Chemical Way. Redwood City (APN's: 052-392-240 and -270) <br />50 Chemical Way, Redwood City (APN's: 052-392-210 and -260) <br />70 Chemical Way, Redwood City (APN's: 052-392-20) <br />80 Chemical Way, Redwood City (APN's: 052-392-190) <br /> <br />Each property is to be appraised at its respective highest and best use and in <br />separately bound reports by larger parcel. Four (4) separate reports will be prepared. <br />Each appraisal is to be a summary report format, applying the sales comparison and/or <br />income capitalization approaches. and/or cost approach, as applicable. <br /> <br />Each appraisal recognizes its intended use is for acquisition purposes, by eminent <br />domain, if necessary. The intended user is the City of Redwood City. <br /> <br />The purpose of the appraisal is to estimate the Ilfair market value," defined by CCP <br />1263.320. Depending on the rights held in the properties the legal rights appraised are <br />the fee simple or leased fee interests. <br /> <br />It is my understanding that we may be unable to inspect the properties on-site and that <br />interior inspections may not be possible. If onsite inspections are not available, <br />property(ies) will be appraised based on physical information that may be gleaned from <br />public sourcesl to the extent that information is available, or based on estimates and <br />explicit assumptions made in the appraisal. The inability to get onsite and interior <br />inspections may affect our ability to appraise the property(ies), and appraised value(s) <br />may differ from appraisal(s) made with inspection. The inability to get onsite inspections <br />is a possible limitation to the appraisal process. <br /> <br />Work preformed after the completion of the appraisals will be done at our normal current <br />hourly rates, as follows: <br /> <br />Walter Carney, MAl: <br />Larry Hulberg. MAl: <br />Appraisal Analyst: <br /> <br />$355 <br />$330 <br />$160 <br /> <br />Agreement over $10K <br />City Attorney Approved Version 041410 <br />Arty/ Agr/20 1 0.050 <br /> <br />10 <br />
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