2021-08-09-minutes-public-works-study-session

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CONTRACTOR REQUIREMENTS The Contractor named/listed in the Contract will be the only authorized person to complete the Appraisal Report. No assignment of the Contract shall be allowed. The Contractor shall email a .pdf (less than 10 MB in size) of the Appraisal Report to the Commission representative and provide one (1) hard copy of an Appraisal Report (as defined by USPAP) valuing the interests described herein in the real properties described above and identified in Attachment 1 (legal description) and shown in Attachment 2 (map) and 3 (zoning map). The Appraisal Report must be completed and delivered to the Commission within six (6) weeks of the Contractor's receipt of notice to proceed, but sooner if possible. All contacts for site investigations shall be directed through and made with the Owners of Record: Will be provided upon contract award. The Contractor shall contact the Owners of Record and offer the opportunity to accompany the Contractor on the inspection of the properties. The Contractor shall also contact the Commission representative, well in advance of the inspection date, to allow the opportunity to be present during said inspection. The Contractor will prepare an Appraisal Report in conformance with the Uniform Standards of Professional Appraisal Practice published by The Appraisal Foundation (USPAP) and Recreation and Conservation Office (RCO) requirements per RCO Manual 3, Acquisition Projects, which includes, but is not limited to, the following: 1. Appraisal report must include a statement of assumptions and limiting conditions. If the Contractor utilizes Extraordinary (Special) Assumptions and/or Hypothetical Conditions, the Contractor must specifically list these in the appraisal report. 2. Appraisal report must include consideration of any existing encumbrances that could impact property value. If the Contractor assumes that any encumbrances having a detrimental impact on value will be cleared prior to a sale closing, and would consequently dismiss the value impact, the Contractor must list those encumbrances. 3. Contractor must conclude a specific value rather than a value range. INSTRUCTIONS AND SPECIFICATIONS The purpose of the Appraisal Report is to estimate the current market value of the interests described herein, subject to any outstanding encumbrances, including easements and rights of way for utility lines, roads, ditches, dikes, etc. The Appraisal Report shall be utilized to provide a sound basis on which to negotiate for the purchase or sale of those lands identified herein. Unless otherwise provided for under the Contract, the Contractor shall adhere to the following instructions: 1. The Contractor shall thoroughly familiarize him/herself with the properties as well as other properties in the area that are in the same ownership and may be utilized as an integrated unit. The Contractor shall fully explain any severance damages. 2. The market value estimate for such properties shall include consideration of land and any improvements attached thereto classified as real estate. The Contractor will appraise the APPRAISAL SCOPE OF WORK Page 2 of 10 - State Park — Property