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YYCDP RK PLAN <br />In providing goodwill loss appraisal services, DDA proposes the following work process <br />for each appraisal assignment: <br />o Meet with project team to gain an understanding of the project and potential <br />- impacts; <br />o Provide preliminary estimates of goodwill for budgetary purposes, if requested; <br />o Inspect the business facility; <br />o Interview the business owner and management to determine history of operations <br />and relocation needs; <br />o Review business' historical financial statements, tax returns and lease agreements; <br />o Review all parcel appraisal reports and coordinate with real estate and fixtures <br />and equipment appraisers to avoid duplication of compensation; <br />o Coordinate with agency staff and legal counsel to discuss strategy and approach; <br />o Coordinate with relocation agents to determine relocation options, feasibility of <br />relocation, mitigation issues and to avoid duplication ofcompensation; <br />o Perform market research to determine the business' marketability and external <br />influences; <br />o Implement valuation methodology, including market based and income <br />approaches, to determine the business' goodwill value in the before condition; <br />.d <br />o Inspect potential or actual relocation site(s); <br />m a Review all relevant and available documentation from relocation site, including <br />lease, financial statements and unreimbursed capital expenditures; <br />15 of 23 DONNA OESMONO ASSOCIATES <br />'� RESPONSE TO THE CrrY OF SANTA ANA'S RFP FOR RIGHT OF WAY CONSULTING ANn RELATED SERVICES <br />