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HODGES LACY & ASSOCIATES, LLC - 2014
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HODGES LACY & ASSOCIATES, LLC - 2014
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Last modified
7/6/2016 5:28:49 PM
Creation date
6/4/2014 10:18:42 AM
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Contracts
Company Name
HODGES LACEY & ASSOCIATES, LLC
Contract #
A-2014-037
Agency
PUBLIC WORKS
Council Approval Date
2/4/2014
Expiration Date
6/30/2015
Insurance Exp Date
5/20/2016
Destruction Year
2020
Notes
See Errata Sheet for name change
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In preparing each comprehensive appraisal, Consultant will: inspect the business' <br />facility; prepare an inventory of the improvements pertaining to the realty and major <br />movable equipment; coordinate appraisal activities with the real estate appraiser to <br />avoid duplication of compensation; interview the business' owner /manager regarding <br />the business' history, operations and tangible assets owned; and utilize generally <br />accepted valuation methodology to determine the fair market value in place and <br />liquidation value of the appropriate items owned by the business. <br />Furniture, Fixtures and Equipment Appraisals tasks may include: <br />• Inspect the business facility. <br />• Prepare separate inventories for the Fixtures & Immovable Equipment and Movable <br />Personal Property. <br />• Coordinate appraisal activities with the real estate appraiser to avoid duplication of <br />compensation <br />• Interview the business owner regarding the history, operation and tangible assets <br />owned. <br />• Prepare and deliver to the City Attorney, a report utilizing accepted valuation <br />methodology to estimate the replacement cost new, fair market value in place and <br />salvage value of the appropriate items owned by each business operation. <br />
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