06-16-2004 VALUATION CONSULTANTS INC APPRAISALSr'
F____
VALUATION CONSULTANTS, INC.
Real Estate Appraisers -Consultants
20 Eagle Road, Suite 150
P.O. Box 361
Avon, Colorado 81620
(970) 949-4898 fax (970) 949-5376
June 16, 2004
Anne Martens
Town of Avon
Box 5270
Avon, CO 81620
by fax: 748-1958
JUN 2 1 2004
community
RE: Appraisals of:
-Proposed easements, both permanent and temporary, to be acquired from:
1. Lot 25 - Christie Lodge
2. Lot 72 - Buck Creek Plaza (Beaver Liquors)
3. Lot 24 - Avon Plaza
4. Lot 69 - 51 Beaver Creek Place
5. Lots 67 /68 - City Market
Dear Anne,
Per our conversations, please let this letter serve as my proposal regarding the appraisal of the
above-referenced proposed easements. It is my understanding that the appraisals will be
prepared for use by the Town toward decisions and /or negotiations regarding acquisition of the
easements in question.
I will submit my opinions and conclusions to you in the form of complete summary appraisal
reports which will be prepared utilizing accepted appraisal techniques and methodology, in
conformance with the Standards and Code of Professional Ethics of the Appraisal Institute and
the requirements of the Uniform Standards of Professional Appraisal Practice ("USPAP").
My fee for preparing and submitting my conclusions to you in summary formats will be: $225
per hour, not to exceed $10,000. Any type of additional consultation, deposition, testimony, or
other court-related time required in this matter, if any, will be billed separately at the rate of $225
per hour plus actual expenses, if any.
Please acknowledge that the report will be completed in accordance with the following:
The appraisal assignment will not be based upon a requested minimum
valuation or specific valuation. Neither employment nor compensation are
contingent upon the reporting of a pre-determined value, a direction of the
value that favors the cause of the client, the amount of the value estimate, the
r
r'
attainment of a stipulated result, or the occurrence of a subsequent event.
If this proposal meets with your approval, please provide an authorized signature and return a
copy of this letter which will serve as our authorization to proceed. As you know, I will need a
copy of the project plans & specifications, and will need legal descriptions depicting the
respective permanent and temporary proposed takings, including square footages of each. As a
normal course of business we may contact the respective property owners in order to 1. let them
know we have been engaged to value the affected property and 2. to receive any input regarding
the easement & property that they may care to relate.
I look forward to working with you. Please feel free to contact my office with any questions you
may have.
Very truly yours,
VAL O CONSULTANTS, INC.
Jeffrey P. Maddox, SRA
Certified General Appraiser CGO1313752
accepted by:
date:
TOA proposal - June 16, 2004 page 2
Memo
To: Honorable Mayor and Town Council
Thru: Larry Brooks, Town Manager -~;O
From: Norm Wood, Town Engineer
Anne Martens, Assistant Town Engineer
Date: June 17, 2004
Re: East Beaver Creek Blvd Street Improvements - Easement Appraisals
Valuation Consultants, Inc. Appraisal Services Proposal
Summary: Jeff Maddox with Valuation Consultants, Inc. has submitted
a Proposal at a cost not to exceed $10,000.00 to provide appraisals for five properties for
permanent and temporary easements required for construction of the East Beaver Creek
Blvd Street Improvements. Valuation Consultants, Inc. has provided appraisal services for
previous town projects including the East Avon Improvements, Avon Road Separated
Grade Crossing Project, the Roundabouts Project and the West Beaver Creek Boulevard
Streetscape Project. The cost of the proposed services is in line with previous appraisal
services and is included in the overall project budget. Approval of the Proposal in the
amount not to exceed $10,000.00 from Valuation Consultants, Inc. to provide appraisals
for permanent and temporary easements involving 5 separate properties as required for
construction of the East Beaver Creek Blvd Street Improvements is recommended.
Recommendations: Approve Proposal in the amount not to exceed
$10000.00 from Valuation Consultants, Inc. to provide appraisals for permanent and
temporary easements involving 5 separate properties as required for construction of the
East Beaver Creek Blvd Street Improvements.
Town Manager Comments:
62
C:\Documents And SettingsWwood\Local Settings\Temporary Internet Files\OLK2\Services Proposal Mern.Doc
VALUATION CONSULTANTS, INC.
Real Estate Appraisers -Consultants
20 Eagle Road, Suite 150
P.O. Box 361
Avon, Colorado 81620
(970) 949-4898 fax (970) 949-5376
July 21, 2004
Ms. Anne Martens
Town of Avon
Box 5270
Avon, CO 81620
by fax: 748-1958
RE: Appraisals of:
-Proposed easements, both permanent and temporary, to be acquired from:
1. Lot 9, Block 1, B@BC (Sherwood Meadows)
2. Lot 8, Block 1, B@BC (Sonnen Halde)
3. Lot 6, Block 1, B@BC (Balas East)
4. Lot 48, Block 1, B@BC (Berghaus / Pinnacle)
5. Lot 49, Block 1, B@BC (Sunnyside)
6. Lot 50, Block 1, B@BC (River Rock)
7. Lot 51, Block 1, B@BC (Timberloft)
8. Lot 1, Wildwood Resorts (Mtn Star parcel)
9. Lot 4, Block 1, B@BC (Golden Eagle)
10. Lot 3, Block 1, B@BC (vacant)
11. Lot 2, Block 1, B@BC (vacant)
12. Lot 68, Block 1, B@BC (Pizza Hut)
13. Lot 7, Block 1, B@BC
14. Lot 1, Block 1, B@BC
15. Tract AA, Wildwood Resort (Mtn Star)
Dear Anne,
Per our conversations, please let this letter serve as my proposal regarding the appraisal of the
above-referenced proposed easements. It is my understanding that the appraisals will be
prepared for use by the Town toward decisions and /or negotiations regarding acquisition of the
easements in question.
I will submit my opinions and conclusions to you in the form of complete summary appraisal
reports which will be prepared utilizing accepted appraisal techniques and methodology, in
conformance with the Standards and Code of Professional Ethics of the Appraisal Institute and
the requirements of the Uniform Standards of Professional Appraisal Practice ("USPAP").
My fee for preparing and submitting my conclusions to you in summary formats will be: $225
I/
p
per hour, not to exceed $15,000. Any type of additional consultation, deposition, testimony, or
other court-related time required in this matter, if any, will be billed separately at the rate of $225
per hour plus actual expenses, if any.
Please acknowledge that the report will be completed in accordance with the following:
The appraisal assignment will not be based upon a requested minimum
valuation or specific valuation. Neither employment nor compensation are
contingent upon the reporting of a pre-determined value, a direction of the
value that favors the cause of the client, the amount of the value estimate, the
attainment of a stipulated result, or the occurrence of a subsequent event.
If this proposal meets with your approval, please provide an authorized signature and return a
copy of this letter which will serve as our authorization to proceed. As you know, I will need a
copy of the project plans & specifications, and will need legal descriptions depicting the
respective permanent and temporary proposed takings, including square footages of each. As a
normal course of business we may contact the respective property owners in order to 1. let them
know we have been engaged to value the affected property and 2. to receive any input regarding
the easement & property that they may care to relate.
I look forward to working with you again. Please feel free to contact my office with any
questions you may have.
Very truly yours,
VALUATION CONSULTANTS, INC.
e ox, SRA
Certified General Appraiser CG01313752
1
accepted by:
date:
TOA proposal - July 21, 2004
page 2
Memo
To: Honorable Mayor and Town Council
Thru: Larry Brooks, Town Manager
Fro
m: Norm Wood, Town EngineeAnne Martens, Assistant Tow neer
rn
Date: July 21, 2004
Re: Nottingham Road Improvements (Phase I) Easement Appraisals -
Valuation Consultants, Inc. Appraisal Services Proposal
Summary: Jeff Maddox with Valuation Consultants, Inc. has submitted
a Proposal at a cost not to exceed $15,000.00 to provide appraisals for fifteen (15)
properties for permanent and temporary easements required for construction of the
Nottingham Road Improvements (Phase I). Valuation Consultants, Inc. has provided
appraisal services for previous town projects including the East Avon Improvements,
Avon Road Separated Grade Crossing Project, the Roundabouts Project and the West
Beaver Creek Boulevard Streetscape Project. The cost of the proposed services is in line
with previous appraisal services and is included in the overall project budget. The current
approved 5-Year Capital Improvements Fund Budget includes $304,000 in 2004 for
construction documents and right-of-way acquisition and $2,210,000 in 2005 for
construction. The cost of these services is within the current Budget.
Approval of the Proposal in the amount not to exceed $15,000.00 from Valuation
Consultants, Inc. to provide appraisals for permanent and temporary easements involving
fifteen (15) separate properties as required for construction of the Nottingham Road
Improvements (Phase I) is recommended.
Recommendations:
Approve Proposal in the amount not to exceed
$15,000.00 from Valuation Consultants, Inc. to provide appraisals for permanent and
temporary easements involving fifteen (15) separate properties as required for construction
of the Nottingham Road Improvements (Phase I).
Town Manager Comments:
C:\Documents And Settings\Nwood\Local Settings\Temporary Internet Files\OLK2\Services Proposal Mem.Doc
.Jul =21 -04 03:40P Town of Avon 970 748 1958
- - - ~v..vyt ~n~ v, t~~V a iU .71C7-00 IO
VALUATION CONSULTANTS, INC.
Rcal Estate Appraiseri - Consultants
20 Engle Rusd, Suite 150
P.O. Box 361
Avua, Colorado 81620
(970) 949-4898 fax (970) 940 5376
i Iluly 21, 2004
Ms. Anne Martens
I 'own of Avon
I Box 5270
Avon, CO 81620
by fax: 7a8-1953
RI;: Appraisals of-
-Proposed easements, both permanent and temporary, to be acquired from:
1. Lot 9, Block 1, B@BC (Sherwood Meadows)
2. Lot S, Block 1, A@HC (Sonnen Halde)
3. Lot 6, Block 1. B@BC (Balas Last)
4. Lot 48, Block 1, B@BC (Berglsaus ! Pinnacle)
5. Lot 49, Block 1, B@BC (Sunuyside)
6. Lot $0, Block 1, ,BCOC (River Rock)
7. Lot 51, Block 1, B@BC (Timberloft)
S. Lot 1. Wildwood Resorts (Mtn Star parcel)
9. Lot 4, Block 1, B@BC (Golden Eagle)
10. Lot 3, Block 1, B@BC (vacant)
] 1. Lot 2, Block 1, B@BC (vacant)
12. Lot 68, Block 1, B@RC (Pizza Hut)
13. Lot 7, Block 1, $@BC
14. Lot 1, Block 1, li@BC
15. Tract AA, Wildwood Resort (.Mtn Star)
Dear Acme,
Per our eonveTsations, please lot this letter serve as my proposal rcga, ding the appraisal of the
above-referenced proposed easements. It is my understanding that the appraisals Hill be
prepamd for use by the Town toward decisions and /or negotiations regarding acquisition of the
easements in question.
1 will submit my npinions and conclusions to you in the form ol'coniplcte summary appraisal
reports which will be prepared utilizing accepted appraisal techniques and methodology, in .
conformance with the Sumdards and Code of Professional Ethics of the Appraisal Institute and
the requircmems of the Unitorm Standards of Professional Appraisal Practice ("USPAP").
P.03
P.1
My fco for preparing and submitting my conclusions to you iu 6utntnary formats will be 9.225
Jul-21-04 03:40P Town of Avon 970 748 1958
- .~.....a~i, -l%JVLIrill 10,'LIll. 5/
per hour, not to exceed $15,000. Any type of additional consultation, deposition, testimony, or
other court-related time required in this matter, if any, will be billed separately at the iatc of $225
her hnur plus actual expenees, if any.
Please acknowledge that the report will be completed in accordance with the followi,lg:
i The appraisal assignment will not be based upon a requested minimum
valustlon or specific v,tlttatioo. Neither employeiieut nut' compensation are
i Contingent upon the reporting of a pre-determined value, as direction of the
value that favors the cause of the client, the amount of the value estimate, the
atr>tinment of a stipulated result, or the occurrence of a subsequent event.
I
If this proposal meets with your approval, please provide an autlfoA*1zcd signature and return a
i copy of this letter which will serve as our authorization to proceed. As you know, I will need a
copy of the project plans & specifications, and will need legal descriptions depicting the
respective permanent and temporary proposed taLings, including square footages of each. As a
normal course of business we tnay contact the respective property owners in order to 1. let them
l now we have been engapM to value. the arrested property and 2. to rcccive a,y input regarding
the casement & property that they may cart to relate.
T look lorward to working with you again. Please feel lice to contact my office with anv
questions you may have.
Very truly yours,
VALUATION CONSULTANTS, INC. i
I
0X, SRA i
Certified General Appraiser C 1313752
. I
accepted by:
date:
P_04
P. Z
T0A proposal - Ah, 21. 200-f page 2