RES 89480 - Laserfiche WebLink

ROLAND H. BUnCHAnD & ASSOCIATES RIsI ~stare Appraisers & Consultants 1470 MARIA De, NE, SUITE 315 WALNUT CREEK, CALIFORNIA 94596 (415) g35-9200 ROLAND H. BURCHA~ID, M.A.i. November 13, 1989 Mr. George E. Homolka City of Pleasanton Post Office Box 520 Pleasanton, California 94566 Dear Mr. ~omolka: In accordance with our phone conversation today, I am writing you to outline my proposal for appraisal services relative to two parcels of land situated at Santa Rita Road and the future interchange of Hacienda Drive. These parcels need to be appraised for the North Pleaaanton Improvement District project. It is my understanding that you need appraisals on both parcels to assist in negotiations with the property owners and/or possible condemnation proceedings. However, you indicated 'that the appraisals would be moat likely utilized for establishment of credits for roadway work for the property owner. Our fee to do the appraisals on both properties in one report suitable for legal proceedings will be $13,000. If there are any additional parcels of land to be added within this same general area and these parcels have similar use potential, the additional cost will be $2,500 per parcel. We understand that each of the two parcels you have asked us to appraise is about four to five acres. We additionally understand that one parcel had an older industrial building situated on the property which recently had to be demolished. We will consider any value these improvements had for the appraisal. If we receive your authorizat~on to proceed within the next few days, we should be able to complete the assignment within Sixty (60) days of receipt of your authorization to proceed. 'This would put the approximate delivery date at mid-January. Once the appraisals have been issued, all additional meetings and/or= work requests will be billed at my standard hourly rate of $150.