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`Farago,.. `Partv.¢rs 1 _.AvL. Attachment "A" Rate Comparison Exercise Some assumptions have been made with respect to fees and schedule for the sample projects. A typical project assignment would involve frequent dialogue with the City, the landowners, the tenants, and Paragon. This dialogue would produce a clear understanding of all associated issues, leading to positive results and overall efficiencies. In response to the proposed situations outlined in Attachment "A" of the RFP, following are the general procedures that would be employed:-: Parcel 1: Gas station currently in operation. owner/operator. Full Acquisition Approach: Title reports will either be ordered from the title company or obtained from the City. Right of way maps, legal descriptions and plats will also be obtained from the City. Copies of the title reports and available maps will be provided to the Appraiser. An appraisal report would be solicited for two (2) disciplines: an appraisal report for the real estate and one for the Fixtures and Equipment. These two appraisers would be requested to coordinate their efforts for fair market value consolidation. A Loss of Goodwill appraisal may also be necessary in the event there are no nearby replacement locations and a loss of business will occur. For the purposes of this exercise, it is assumed that a Loss of Goodwill Appraisal would be necessary. The acquisition agent would coordinate escrow and title services, if the City has not already arranged for such services. The acquisition agent would coordinate Phase I and II Environmental Site Assessment (ESA) activities with the City (i.e., solicit bids from environmental contractors) and owner. A Right of Entry would be solicited from the owner/operator for the ESA investigations. In the event the owner/operator refused to grant a Right of Entry, the City would be advised to proceed with a "Court Ordered Right of Entry" for such investigations. The environmental information would be forwarded to the appraiser for inclusion in the valuation. Once the above information is available, the acquisition agent would prepare the offer letter, the purchase and sale agreement and the memorandum of just compensation and would deliver it to the City for approval. The City would be requested to sign and approve the offer letter and memorandum of just compensation. The offer would then be presented to the owner/operator. Negotiations would commence and either an escrow would be opened or the use of eminent domain to acquire the parcel would be recommended. The acquisition agent would continue to provide either escrow coordination through the close of escrow or condemnation support as requested by the City. Parcel 2: Single Family Residence: Partial Acquisition and Temporary Construction Easement. Approach: Title reports will either be ordered from the title company or obtained from the City. Plat map and legal description would be requested from the City in order to identify the 2