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SCOPE OF SERVICES law and City policy as required. The review appraiser will, as appropriate: • Identify the intended users and use of the review, and the purpose of the assignment. • Identify the following for each appraisal under review: - Appraiser and firm who completed the assignment. Subject property. - Effective date of the appraisal and opinion of value. - Property and ownership interest appraised. • Identify the scope of work to be performed. • Develop an opinion as to the completeness of the material under review, given the scope of work applicable in the assignment. • Develop an opinion as to the apparent adequacy and relevance of the data and the propriety of any adjustments to the data, given the scope of work applicable in the assignment. • Develop an opinion as to the appropriateness of the appraisal methods and techniques used, given the scope of work applicable in the assignment, and develop the reasons for any disagreement. • Develop an opinion as to whether the analyses, opinions, and conclusions are appropriate and reasonable, given the scope of work applicable in the assignment, and develop the reasons for any disagreement. • Review appraisals will be forwarded to the City for the establishment of just compensation prior to the preparation of offers to acquire the proposed land rights for the project. Deliverables: • Up to 12 appraisal reviews. Fixtures and Equipment Appraisal In providing fixtures and equipment appraisal services to the City, Monument will oversee Desmond Marcello & Amster (DMA) to provide the following: CITY OF SANTA ANA SANTA ANA BOULEVARD GRADE SEPARATION M dkK TM OMA.S • Communicate with the City to ascertain the scope of the assignment. • Coordinate with real estate appraiser, relocation agents, acquisition agents, and attorneys. • Prepare a complete inventory of the assets at the subject business location. This inventory includes the make, model, and serial number (if applicable) of all items, a description of the assets, as well as an observation of their age, condition, method of installation (if applicable), and photographs. • Review any documentation related to the assets provided by the business owner and/or manager, including invoices, depreciation schedules, and construction contracts. • Interview business owners and/or managers. • Research the marketplace for each of the assets identified on -site. Such research includes reference to a variety of publications, as well as discussions with individuals knowledgeable about the market for the assets. • Coordinate with other appraisers to avoid duplication of compensation. • Apply valuation methods, including the Market Approach and Cost Approach, to the subject assets. • Prepare the appraisal report for submission, including replacement cost new, depreciated value, and salvage value in place. • Maintain files in accordance with USPAP and Caltrans Right-of-way Manual; and • Provide expert testimony and litigation support, as required. Deliverables: • Up to 7 FF&E appraisal reports Assumptions: • Fees for FIFE Appraisal Reports are estimated based on the currently available limited information. Additional Appraisals may be required, which may result in additional fees.