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<br />. <br /> <br />. <br /> <br />3. Appraisals and Valuations <br />Lidgard & Associates, Donahue Novak Valuation Services, and DonnaDesmond Associates were each <br />selected due to their strength in eminent domain reports for public projects. The appraisal requirements for this <br />project may reach further than the typical full take valuation. The team may be asked to provide valuation <br />analysis and reports for temporary takings of real property, rights of entry, replacement rights easements, <br />(possible) fixtures and equipment, (possible) loss of business goodwill, and leasehold analysis/apportionments. <br />We often encounter these assignments and are confident that our team is best suited to provide the level of <br />service needed for the assignment. <br /> <br />4. Negotiations of A cquisition for Real and Personal Property Rights <br />Overland Resources will follow the Uniform Relocation Assistance and Real Property Acquisition Act for <br />Federally Assisted Programs, Caltrans Policies and Procedures, California Relocation and Acquisition Law, <br />HUD, and FHW A guidelines depending on the project funding. The following tasks are required to <br />successfully implement the property acquisition program under these bodies of law: <br /> <br />. <br /> <br />Obtain preliminary title information from County Assessor's roles for planning, appraisal and <br />notification purposes. <br />Upon receipt of Notice to Proceed, solicit bids from local title companies and order preliminary title <br />report/litigation guarantees for each affected property. These reports will identify the liens and <br />encumbrances on each parcel for obtaining releases and reconveyances. <br />Secure Assessors parcel drawings, maps and background data for the acquisitions. This supplemental <br />information is necessary for use in preparing documents and in the appraisal process. <br />Issue a Notice of Decision to Appraise and Intent to Acquire to all affected property owners. <br />Upon receipt, review title reports and coordinate with the appraiser. <br />Upon receipt, review appraisal reports for adequacy and compliance with applicable regulations. <br />Coordinate with City. <br />Prepare necessary documents, deeds and right of way agreements needed for the acquisitions. Submit <br />offer package with Statement of Just Compensation for City approval. <br />Upon City approval, present written offers to purchase required properties and/or interests in <br />properties. Each offer will contain a Statement of Just Compensation, and a Summary of Just <br />Compensation to comply with the law. Offers will be personally delivered to property owners as <br />practicable. The written offer letter represents the official offer to each property owner. <br />If necessary, prepare and present fixtures and equipment offer to property owner and secure agreement <br />on ownership of moveable and immovable equipment allocation between owner and tenant. Invite the <br />relocation agent to accompany the acquisition agent on the first call if this is deemed beneficial. <br />Notify relocation agent of initiation of negotiations and coordinate with relocation agent to provide <br />needed appraisal and offer information. <br />Conduct negotiations with each property owner or representative or any other person or entity effecting <br />the negotiation process. Negotiations will involve an interactive, face-to-face discussion with the <br />property owner about hislher property, will explain the project, how the project impacts the property, <br />will go over the appraisal process and how the value was concluded, and will answer any questions <br />or concerns the owners may have. Supplemental negotiations may include answering any objection <br />the owner still has and coordinating the questions with City Project Manager. <br />Present appropriate executed documents and negotiated title conveyance or right of entry to City or <br />recommend condemnation action. <br />Upon approval of documents, open escrow or in the event that the property cannot be acquired by <br />good-faith negotiations, assist City with condemnation process by ordering updated litigation <br />guarantee, coordinating with attorney and any other tasks necessary to take possession. <br />During the course of the acquisition process, maintain a complete acquisition file of all <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />RlAND <br />OYf.sou ReE 5 <br /> <br />Page 2 <br />