GOLD COAST APPRAISALS 6A - 2010 - Laserfiche WebLink

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I� o,CDA(z� 1 �R= d _XPIRB Y N-2008-145-001 9_S 5 Zoo AMENDMENT TO AGREEMENT i:FA. N:IL THIS AMENDMENT, made and entered into this 1St day of June, 2010, by and between Gold Coast Appraisals, Inc. ("Consultant") and the City of Santa Ana, a charter city and municipal corporation duly organized and existing under the Constitution and laws of the State of California ("City"), collectively referred to herein as "the Parties". RECITALS A. The Parties entered into that certain agreement entitled "Consultant Agreement" dated , 2010, hereinafter referred to as "said Agreement", for the provision of appraisal services; B. The Parties hereto now desire to amend the scope of work and compensation term of said Agreement. WHEREFORE, in consideration of the mutual and respective covenants and promises hereinafter contained and made, and subject to all of the terms and conditions of said Agreement as hereby amended, the parties hereto do hereby agree as follows: 1. The Recitals shall be amended to reflect these additional terms: A. Title III of Division B of the Housing and Economic Recovery Act of 2008 (Pub. L 110-289, 122 Stat. 2654 enacted July 30, 2009) makes available to certain qualified municipalities for certain qualified grant funds termed Neighborhood Stabilization Program under a program termed the Neighborhood Stabilization Program. B. The City desires to retain a consultant having special skill and knowledge in the field of real property acquisition and appraisal services for the Neighborhood Stabilization Program (NSP). 2. Section 1, the "Scope of Work" term of said Agreement is hereby amended as follows: A. Consultant shall perform real property consulting and appraisal services for the NSP Homeownership Program at the following prices: "As -Is" Appraisal $400.00 "Repaired Value" Appraisal $300.00 Updated "Repaired Value Appraisal $200.00 TOTAL: $900.00 maximum per property B. Appraisals for any other program (Downpayment Assistance Program or Rental Housing) shall be charged the Rates per the Consultant Fee Schedule attached hereto and incorporated herein as Exhibit A. C. Consultant must complete and attach a U.S. Department of Housing and Urban Development Certificate of Appraiser for each appraisal. See attached copy of form attached hereto and incorporated herein as Exhibit B. C. Consultant must follow the U.S. Department of Housing and Urban Development Guide for Preparing an Appraisal Scope of Work, attached hereto and incorporated herein as Exhibit C.