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CONTRACT ABSTRACT
Contract Appraisal Services Agreement
Company Name: Golf Course Appraisal
Company Contact: Ron Carcierre
Summary of Services: Review of Appraisal of Tahquitz Creek Golf Course property
Contract Price: $5,000
Funding Source: 001-1400-43200 Contractual Services
Contract Term: Two Months
Contract Administration
Lead Department: Community & Economic Development
Contract Administrator: Diana Shay
Contract Approvals
Council/ Community
Redevelopment Agency
Approval Date:
Minute Order/ Resolution Number:
Agreement No:
Contract Compliance
Exhibits:
Included
Signatures:
Included
Insurance:
Included
Bonds:
n/a
Res NO.
Contract prepared by: Community & Economic Development Department
Submitted on: 3-23-21 By: Diana Shay
EXHIBIT "B"
SCOPE OF SERVICES AND COMPENSATION
Golf Course Appraisal
Market & Feasibility Studies • Valuations • Consulting
March 16, 2021
Mr. Jay Virata, Director
Community & Economic Development
City of Palm Springs
3200 E. Tahquitz Canyon Way
Palm Springs, CA 92262
Re: Appraisal Review
Tahquitz Creek Golf Resort
Mr. Jay Virata:
At your request, the following is a proposal to provide consulting services with regards to an
appraisal that was performed on the Tahquitz Creek Golf Resort property, dated December 12,
2021, with a date of value of November 6, 2020. The appraisal was performed by Lance W.
Dore' of The Dore' Group. As was discussed in our recent telephone conversation, I will
complete a "technical review' of the appraisal as described in the following scope of work. It
should be noted that the review will not be intended to comply with a Standard 3 Review, of the
Uniform Standards of Professional Appraisal Practice (USPAP).
Scope of Work
The subject property of the appraisal will not be physically inspected, nor will the comparable
data used by the appraiser. As stated above, this type of review is known as a "technical
review", and is limited to a review of the methodology, data and analysis presented within the
appraisal report. The following is a summary of the steps in this review process:
• Determine if the appraisal clearly states the interest being appraised;
• Determine if the property is properly described;
• Review the methodology used in the highest and best use analysis and determine if the
conclusions are reasonable and supported;
• Review the valuation methodology;
• Review the sales and data used in the analysis to see if they are consistent with the
highest and best use concluded;
• Review the analysis process that was used to arrive at an estimate of value for the
interest being appraised;
• Comment on the overall reliability of the analysis and conclusions presented;
• Comment on any recommendations with regards to the report under review;
• The findings of the review will be presented in a letter report.
Purpose and Intended Use
It is my understanding that the review will be used to assess the validity of the subject appraisal,
and possibly as a tool to negotiate a sale of the property.
P. O. Box 6020 Auburn, CA 95604
(530) 878-7721 fax (530) 878-7130 email: gca@suddenlink.net
California • Colorado • Illinois • South Carolina
Client and Intended Users
The client is the City of Palm Springs. The intended users are understood to be the City
of Palm Springs and agents operating on behalf of the City.
Date of the Review
The date of the review will be the current date the work product was completed and
signed.
Fee Estimate
The fee will be charged on an hourly basis at the rate of $250 per hour, with an initial
retainer of $2,000. The total time necessary to complete the assignment will depend on
the content of the report under review and required time to complete the review report to
the client. It is a rough estimate that the time necessary to complete this assignment
could range between 20 and 30 hours, with the cost dependent on the actual time
required.
If you desire to proceed with this review as stated, please notify me so that I may draft a
contract for services for your review, comment and execution.
I appreciate the opportunity to present this proposal and be of service. Please don't
hesitate to contact me should you have any suggested changes or questions regarding
this proposal.
Sincerely,
Ronald J. Carciere, MAI, SGA
Golf Course Appraisal
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