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HomeMy WebLinkAbout05717 - WARREN H. NEVILLE MAI APPRAISAL SVCS 115-23 ACRES OF VACANT LAND APN 669-330-029 DOCUMENT TRACKING Page: 1 Report: One document Detail August 29, 2008 Condition: Document Number a5717, Document# Description Approval Date Expiration Date Closed Date A5717 Appraisal services-- USA Owned- 115,23 Acres APN 669-330-029 08/29/2008 Company Name: Warren H. Neville, MAI Address: , , Contact: Insurance Department Group: COMMUNITY& ECONOMIC Contract Amt. Total Paid Balance Service: IN FILE $10,000.00 $10,000.00 Ins. Status: New Entry. Inactive Document Tracking Items: ue Completed Tracking Amount Amount Code Item Description Date Date Date Added Paid 001 New Document Added 08/29/2008 $10,000.00 kdh in file 08/29/2008 • * w ww ENDOF REPORTww "' """ " �r` d l v� J� Warred H. Neville, MM 5015 Canyon Crest Drive, Suite 202 Riverside, California 92507 Telephone (951) 784-7340 Fax (951) 784-5702 E-Mail: whneville@earthlink.net VIA E-MAIL (John.Raymond(a7palmsprings-ca.gov)ONLY John Raymond Director of Community&Economic Development Paler Springs Community Redevelopment Agency 3200 E. Tahquitz Canyon Way Palm Springs, CA 92262 RE: Appraisal Proposal USA Ownership 115.23 Acres of Vacant Land APN: 669-330-029 Dear Mr. Raymond: In response to your recent request to appraise the referenced property, I propose the following scope of services, fee, and delivery date. Scope of Services The appraisal report will estimate the market value of the fee simple estate in the entire referenced property. It is understood the Palm Springs Community Redevelopment Agency will use my appraisal as a basis for acquiring a portion of the property. I will provide four (4) originals of a summary narrative appraisal report with a current date of value_ The appraisal will conform to the Uniform Standards of Professional Appraisal Practice (USPAP), the Uniform Standards for Federal Land Acquisition, and the requirements of the Appraisal Institute of which 1 am a MAI member. Fee and Delivery Date I propose a not-to-exceed appraisal fee of S10,000 billed at the rate of $175 per hour. I will provide a complete accounting of the amount of time and expense accrued on the assigmrrent upon submission of the final invoice. The delivery date of the appraisal shall be no later than thirty (30) calendar days after receiving an executed copy of this letter. John Raymond August 18, 2008 Page 2 I appreciate the opportunity to submit this proposal. I cannot guarantee the above quoted appraisal fee and delivery date unless you respond on or before August 25, 2008. Please feel free to call me if you have any questions regarding this proposal. Sincerely, j Warren H. Neville, MAI AGREED AND ACCEPTED: APPROVED BY oECUT E D�RF070R as 0 " \G ko0a0 " BY: ��� _ David - ® sq.,Ph.D. [c Executive Director, Community Redevelopment Agency DATE` IATT) 5 1 EJ S ZQ�2C� - = Assistant Se�petary REVIEWED BY: Jobn ym n Dire r of mmunity &Economic Development /WHN Not To Exceed 8/ _ Without The Express Written Authorization Of The City Manager.