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Fee Proposal for RFP No. 98-082 for On -Call Right of Way Property Appraisal Services 2 <br />The other Item of note that needs to be considered are any mitigation costs or costs to cure that <br />are required. In the case of the subject, it is noted that the property is fenced, with a guard <br />area. It is possible that if a new driveway is poured, there may not be enough stacking room for <br />automobiles to enter the property. If this is the case, we may need to consider the cost of <br />moving the fencing (gate) to allow for proper stacking of automobiles. This could potentially <br />Include relocating the tire puncture devices installed at the property. There Is also the possibility <br />that the existing monument sign would need to be moved. These costs would be included in <br />our appraisal as a mitigation cost or cost to cure. Our fee quote assumes that these issues can <br />be mitigated for without a negative impact to on -site parking or circulation, <br />The following is a summary of a final valuation table that would be included in the appraisal: <br />Value of the Larger Parcel as Land Only <br />Value of the Permanent Parts Acquired <br />Value of land associated with fee acquisition <br />Value of site improvements in acquisition area <br />Total Value of the Permanent Parts Acquired <br />Value of the Remainder as Part of the Whole <br />Value of the Remainder in the After Condition <br />Severance Damages <br />Project Benefits <br />Net Severance Damages <br />Total Value of Permanent Parts Acquired <br />Value of Temporary Property Rights <br />Value of TOE <br />Value of Land Component of TCE <br />Value of Site Improvements in TOE <br />Temporary Damages Associated with TOE <br />Total Value of Temporary Acquisitions <br />Cost to Cure/Mitigation Costs <br />Total Pair Market Value of Proposed Acquisitions (Including Damages & Mitigation <br />Costs) <br />Our fee to appraise the subject located at 1224 East Warner Avenue, as described above, is <br />$6,000; and our timing is six weeks from engagement and receipt of legal and plats relating to <br />the acquisition as well as receiving a copy of the notice of decision to appraise. Our appraisal <br />report would be prepared in accordance with USPAP, the Caltrans Right of Way Manual, and <br />the California Code of Civil Procedure. <br />0 <br />