HomeMy WebLinkAboutELLIS GROUP, INC. DBA INTEGRA REALTY RESOURCES, LOS ANGELES�a
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DATE: JAN 2 2 2013
��� AGREEMENT TO PROVIDE ON -CALL
®. RIGHT-OF-WAY PROPERTY APPRAISAL SERVICES
THIS AGREEMENT is made and entered into on this 18th day of December, 2018 by and between Ellis
Group, Inc. dba Integra Realty Resources — Los Angeles ("Consultant'), and the City of Santa Ana, a
charter city and municipal corporation organized and existing under the Constitution and laws of the State
of California ("City"),
RECITALS
A. On September 17, 2018, the City issued Request for Proposal No. 18-082 ("RFP") by which it
sought consultants to provide on -call right-of-way property appraisal services for the City's Public
Works Agency.
B. Consultant submitted a responsive proposal that was among those selected by the City, Consultant
represents that it is able and willing to provide the services described in the scope of work that was
included in RFP No. 18-082.
C. In undertaking the performance of this Agreement, Consultant represents that it is knowledgeable
in its field and that any services performed by Consultant under this Agreement will be performed
in compliance with such standards as may reasonably be expected from a professional consulting
firm in the field,
NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the teams
and conditions hereinafter set forth, the parties agree as follows:
1. SCOPE OF SERVICES
On an on -call basis, and at the sole discretion of the City, Consultant shall perform the services
described in the scope of work that was included in RFP No, 18-082 and as more specifically delineated
in Consultant's proposal, which is attached as Exhibit A and incorporated in full
Z. COMPENSATION
a, City neither warrants nor guarantees any minimum or maximum compensation to Consultant
under this Agreement, Consultant shall be paid only for actual services performed under this
Agreement at the rates and charges identified in Exhibit B, Consultant is one of two consultants
selected to provide right-of-way appraisal services on an on -call basis under RFP No. 18.082.
The total compensation for services provided by all consultants selected under RFP No. 18-
082 shall not exceed a combined amount of $400,000 during the term of this Agreement,
including any extension periods.
b. Payment by City shall be made within forty-five (45) days following receipt of proper invoice
evidencing work performed, subject to City accounting procedures, Payment need not be made
for work which fails to meet the standards of performance set forth in the Recitals which may
reasonably be expected by City.
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This Agreement shall commence on the date first written above and terminate on December 17,
2021, unless terminated earlier in accordance with Section 16 below. The term of this Agreement may be
extended for two 1-year periods upon a writing executed by the City Manager and the City Attorney.
4. PREVAILING WAGES
Consultant is aware of the requirements of California Labor Code Section 1720, et seq., and 1770,
et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage
Laws"), which require the payment of prevailing wage rates and the performance of other requirements
on "public works" and "maintenance" projects. If the services being performed are part of an applicable
"public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and the total
compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws.
Consultant shall defend, indemnify and hold the City, its elected officials, officers, employees and agents
free and harmless from any claim or liability arising out of any failure or alleged failure to comply with
the Prevailing Wage Laws.
S. INDEPENDENT CONTRACTOR
Consultant shall, during the entire term of this Agreement, be construed to be an independent
contractor and not an employee of the City, This Agreement is not intended nor shall it be construed to
create an employer -employee relationship, a joint venture relationship, or to allow the City to exercise
discretion or control over the professional manner in which Constidtant performs the services which are
the subject matter of this Agreement; however, the services to be provided by Consultant shall be provided
in a manner consistent with all applicable standards and regulations governing such services. Consultant
shall pay all salaries and wages, employer's social security taxes, unemployment insurance and similar
taxes relating to employees and shall be responsible for all applicable withholding taxes.
6. OWNERSHIP OF MATERIALS
This Agreement creates a non-exclusive and perpetual license for City to copy, use, modify, reuse,
or sublicense any and all copyrights, designs, and other intellectual property embodied in plans,
specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any
tangible medium of expression, including but not limited to, physical drawings or data magnetically or
otherwise recorded on computer diskettes, which are prepared or caused to be prepared by Consultant
under this Agreement ("Documents & Data"). Consultant shall require all subcontractors to agree in
writing that City is granted a non-exclusive and perpetual license for any Documents & Data the
subcontractor prepares under this Agreement. Consultant represents and warrants that Consultant has the
legal right to license any and all Documents & Data. Consultant makes no such representation and
warranty in regard, to Documents & Data which were provided to Consultant by the City. City shall not
be limited in any way in its use of the Documents and Data at any time, provided that any such use not
within the purposes intended by this Agreement shall be at City's sole risk.
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7. INSURANCE
Prior to undertaking performance of work under this Agreement, Consultant shall maintain and
shall require its subcontractors, if any, to obtain and maintain insurance as described below:
a. Commercial General Liability Insurance. Consultant shall maintain commercial general
liability insurance naming the City, its officers, employees, agents, volunteers and
representatives as additional insured(s) and shall include, but not be limited to protection
against claims arising from bodily and personal injnry, including death resulting therefrom
and damage to property, resulting from any act or occurrence arising out of Consultant's
operations in the performance of this Agreement, including, without limitation, acts
involving vehicles. The amounts of insurance shall be not less than the following: single
limit coverage applying to bodily and personal injury, including death resulting therefrom,
and property damage, in the total amount of $1,000,000 per occurrence, with $2,000,000
in the aggregate. Such insurance shall (a) name the City, its officers, employees, agents,
and representatives as additional insured(s); (b) be primary and not contributory with
respect to insurance or self-insurance programs maintained by the City; and (c) contain
standard separation of insureds provisions.
b. Business automobile liability insurance, or equivalent form, with a combined single limit
of not less than $1,000,000 per occurrence. Such insurance shall include coverage for
owned, hired and non -owned automobiles.
C. Worker's Compensation Insurance. In accordance with the provisions of Section 3700 of
the Labor Code, Consultant, if Consultant has any employees, is required to be insured
against liability for worker's compensation or to undertake self-insurance. Prior to
commencing the performance of the work under this Agreement, Consultant agrees to
obtain and maintain any employer's liability insurance with limits not less than $1,000,000
per accident,
d. If Consultant is or employs a licensed professional such as an architect or engineer:
Professional liability (errors and omissions) insurance, with a combined single limit of not
less than $1,000,000 per claim with $2,000,000 in the aggregate.
e. The following requirements apply to the insurance to be provided by Consultant pursuant
to this section:
i. Consultant shall maintain all insurance required above in fall force and effect for
the entire period covered by this Agreement,
ii. Certificates of insurance shall be famished to the City upon execution of this
Agreement and shall be approved by the City,
iii. Certificates and policies shall state that the policies shall not be canceled or reduced
in coverage or changed in any other material aspect without thirty (30) days prior
written notice to the City.
iv. Where the amounts or coverage provided by the certificates of insurance provides
coverage greater than those listed by this Agreement, the amounts provided by the
certificates of insurance shall be incorporated by reference into the Agreement.
V. Consultant shall supply City with a fully executed additional insured endorsement.
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If Consultant fails or refuses to produce or maintain the insurance required by this section
or fails or refuses to furnish the City with required proof that insurance has been procured
and is in force and paid for, the City shall have the right, at the City's election, to forthwith
terminate this Agreement. Such termination shall not affect Consultant's right to be paid
for its time and materials expended prior to notification of termination. Consultant waives
the right to receive compensation and agrees to indemnify the City for any work performed
prior to approval of insurance by the City.
8. INDEMNIFICATION
Consultant agrees to defend, and shall indemnify and hold harmless the City, its officers, agents,
employees, contractors, special counsel, and representatives from liability; (1) for personal injury,
damages, just compensation, restitution, judicial or equitable relief arising out of claims for personal
injury, including death, and claims for property damage, which may arise from the negligent operations
of the Consultant, its subcontractors, agents, employees, or other persons acting on its behalf which relates
to the services described in section 1 of this Agreement; and (2) from any claim that personal injury,
damages, just compensation, restitution, judicial or equitable relief is due by reason of the terms of or
effects arising from this Agreement. This indemnity and hold harmless agreement applies to all claims for
damages, just compensation, restitution, judicial or equitable relief suffered, or alleged to have been
suffered, by reason of the events referred to in this Section or by reason of the terns of, or effects, arising
from this Agreement. The Consultant further agrees to indemnity, hold harmless, and pay all costs for the
defense of the City, including fees and costs for special counsel to be selected by the City, regarding any
action by a third party challenging the validity of this Agreement, or asserting that personal injury,
damages, just compensation, restitution, judicial or equitable relief due to personal or property rights arises
by reason of the terms of, or effects arising from this Agreement. City may make all reasonable decisions
with respect to its representation in any legal proceeding. Notwithstanding the foregoing, to the extent
Consultant's services are subject to Civil Code Section 2782,8, the above indemnity shall be limited, to
the extent required by Civil Code Section 2782,8, to claims that arise out of, pertain to, or relate to the
negligence, recklessness, or willful misconduct of the Consultant.
9. INTELLECTUAL PROPERTY INDEMNIFICATION
Consultant shall defend and indemnify the City, its officers, agents, representatives, and employees
against any and all liability, including costs, for infringement of any United States' letters patent,
trademark, or copyright infringement, including costs, contained in the work product or documents
provided by Consultant to the City pursuant to this Agreement.
10. RECORDS
Consultant shall keep records and invoices in connection with the work to be performed under this
Agreement. Consultant shall maintain complete and accurate records with respect to the costs incurred
under this Agreement and any services, expenditures, and disbursements charged to the City for a
minimumi period of three (3) years, or for any longer period required by law, from the date of final payment
to Consultant under this Agreement. All such records and invoices shall be clearly identifiable.
Consultant shall allow a representative of the City to examine, audit, and make transcripts or copies of
such records and any other documents created pursuant to this Agreement during regular business hours.
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Consultant shall allow inspection of all work, data, documents, proceedings, and activities related to this
Agreement for a period of three (3) years from the date of final payment to Consultant under this
Agreement.
11. CONFIDENTIALITY
If Consultant receives from the City information which due to the nature of such information is
reasonably understood to be confidential and/or proprietary, Consultant agrees that it shall not use or
disclose such information except in the performance of this Agreement, and further agrees to exercise the
same degree of care it uses to protect its own information of like importance, but in no event less than
reasonable care. "Confidential Information" shall include all nonpublic information, Confidential
information includes not only written information, but also information transferred orally, visually,
electronically, or by other means. Confidential information disclosed to either party by any subsidiary
and/or agent of the other party is covered by this Agreement. The foregoing obligations of non-use and
nondisclosure shall not apply to any information that (a) has been disclosed in publicly available sources;
(b) is, through no fault of the Consultant disclosed in a publicly available source; (c) is in rightful
possession of the Consultant without an obligation of confidentiality; (d) is required to be disclosed by
operation of law; or (e) is independently developed by the Consultant without reference to information
disclosed by the City.
12. CONFLICT OF INTEREST CLAUSE
Consultant covenants that it presently has no interests and shall not have interests, direct or
indirect, which would conflict in any manner with performance of services specified under this
Agreement.
13. NON-DISCRIMINATION
Consultant shall not discriminate because of race, color, creed, religion, sex, marital status, sexual
orientation, age, national origin, ancestry, or disability, as defined and prohibited by applicable law, in the
recruitment, selection, training, utilization, promotion, termination or other employment related activities
or in connection with any activities under this Agreement, Consultant affirms that it is an equal opportunity
employer and shall comply with all applicable federal, state and local laws and regulations,
14. EXCLUSIVITY AND AMENDMENT
This Agreement represents the complete and exclusive statement between the City and Consultant,
and supersedes any and all other agreements, oral or written, between the parties. In the event of a conflict
between the terms of this Agreement and any attachments hereto, the terms of this Agreement shall prevail.
This Agreement may not be modified except by written instrument signed by the City and by an authorized
representative of Consultant. The parties agree that any terms or conditions of any purchase order or other
instrument that are inconsistent with, or in addition to, the terms and conditions hereof, shall not bind or
obligate Consultant or the City. Each party to this Agreement acknowledges that no representations,
inducements, promises or agreements, orally or otherwise, have been made by any party, or anyone acting
on behalf of any party, which is not embodied herein.
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19. ASSIGNMENT
Inasmuch as this Agreement is intended to secure the specialized services of Consultant,
Consultant may not assign, transfer, delegate, or subcontract any interest herein without the prior written
consent of the City and any such assignment, transfer, delegation or subcontract without the City's prior
written consent shall be considered null and void. Nothing in this Agreement shall be construed to limit
the City's ability to have any of the services which are the subject to this Agreement performed by City
personnel or by other consultants retained by City.
16. TERMINATION
This Agreement maybe terminated by the City upon thirty (30) days written notice of termination.
In such event, Consultant shall be entitled to receive and the City shall pay Consultant compensation for
all services performed by Consultant prior to receipt of such notice of termination, subject to the following
conditions:
a. As a condition of such payment, the Executive Director may require Consultant to deliver
to the City all work product(s) completed as of such date, and in such case such work
product shall be the property of the City unless prohibited by law, and Consultant consents
to the City's use thereof for such purposes as the City deems appropriate.
b. Payment need not be made for work which fails to meet the standard of performance
specified in the Recitals of this Agreement.
17. WAIVER
No waiver of breach, failure of any condition, or any right or remedy contained in or granted by
the provisions of this Agreement shall be effective unless it is in writing and signed by the party waiving
the breach, failure, right or remedy. No waiver of any breach, failure or right, or remedy shall be deemed
a waiver of any other breach, failure, right or remedy, whether or not similar, nor shall any waiver
constitute a continuing waiver unless the writing so specifies.
18. JURISDICTION - VENUE
This Agreement has been executed and delivered in the State of California and the validity,
interpretation, performance, and enforcement of any of the clauses of this Agreement shall be determined
and governed by the laws of the State of California. Both parties further agree that Orange County,
California, shall be the venue for any action or proceeding that may be brought or arise out of, in
connection with or by reason of this Agreement.
19. PROFESSIONAL LICENSES
Consultant shall, throughout the term of this Agreement, maintain all necessary licenses, permits,
approvals, waivers, and exemptions necessary for the provision of the services hereunder and required by
the laws and regulations of the United States, the State of California, the City of Santa Ana and all other
governmental agencies. Consultant shall notify the City immediately and in writing of its inability to
obtain or maintain such permits, licenses, approvals, waivers, and exemptions. Said inability shall be
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cause for termination of this Agreement.
20. NOTICE
Any notice, tender, demand, delivery, or other communication pursuant to this Agreement shall be
in writing and shall be deemed to be properly given if delivered in person or mailed by first class or
certified mail, postage prepaid, or sent by fax or other telegraphic communication in the mariner provided
in this Section, to the following persons:
To City:
Cleric of the City Council
City of Santa Ana
20 Civic Center Plaza (M-30)
P.O. Box 1988
Santa Ana, CA 92702-1988
Fax: 714- 647-6956
With courtesy copies to:
Executive Director
Public Works Agency
City of Santa Ana
20 Civic Center Plaza (M-21)
PA. Box 1988
Santa Ana, CA 92702
Fax 714-647-5635
To Consultant:
Integra Realty Resources — Los Angeles
16030 Ventura Boulevard, Suite 620
Encino, CA 91436
Attn: Beth B. Finestone, Managing Director
A party may change its address by giving notice in writing to the other party. Thereafter, any
communication shall be addressed and transmitted to the new address. If sent by mail, communication
shall be effective or deemed to have been given three (3) days after it has been deposited in the United
States mail, duly registered or certified, with postage prepaid, and addressed as set forth above. If sent by
fax, communication shall be effective or deemed to have been given twenty-four (24) hours after the time
set forth on the transmission report issued by the transmitting facsimile machine, addressed as set forth
above. For purposes of calculating these time frames, weekends, federal, state, County or City holidays
shall be excluded,
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21. MISCELLANEOUS PROVISIONS
a. Each undersigned represents and warrants that its signature herein below has the power,
authority and right to bind their respective parties to each of the terms of this Agreement,
and shall indemnify City fully, including reasonable costs and attorney's fees, for any
injuries or damages to City in the event that such authority or power is not, in fact, held by
the signatory or is withdrawn.
b. All Exhibits referenced herein and attached hereto shall be incorporated as if fully set forth
in the body of this Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement the date and year first above
written.
ATTEST:
Maria D. Huizar
Clerk of the Council
APPROVED AS TO FORM:
SONIA R. CARVALHO
City Attorney
By:.
John
City Attorney
FOR APPROVAL:
S. SIyeiss, PE, PLS
Agency
CITY OF SANTA ANA
Raul Godinez II
City Manager
CONSULTANT: Ellis Group, Inc. dba
Integr Realty Resources -Los Angeles
By: Beth B. estone, MAI, AI-GRS, FRICS, CRE
Title: Managing Director
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EXHIBIT A
Integra Realty Resources
Los Angeles
Response to RFP No. 18-082
On -Call Right of Way Property Appraisal Services
In the City of Santa Ana
TECHNICAL PROPOSAL
Prepared for:
City of Santa Ana
Attn: Kenny Nguyen
Public Works Agency
20 Civic Center Plaza, M36, Ross Annex
Santa Ana, CA 92701
October 4, 2018
L
Integra Realty Resources 16030 Ventura Boulevard T 818,290.5400
Los Angeles Suite 620 F 818.290.5401
Encino, CA 91436-4473 www.irr.com
LlirrOctober 4, 2018
City of Santa Ana
v
Attn: Keny NguyenPublic Works Agency
20 Civic Center Plaza, M36, Ross Annex
Santa Ana, CA 92701
SUBJECT: Response to RFP No, 18.082 for On -Call Right of Way Property Appraisal
Services in the City of Santa Ana
Dear Mr, Nguyen:
Integra Realty Resources Los Angeles (IRR-Las Angeles) is pleased to respond to your
Request for Proposal (RFP) No. 18-082 (dated September 17, 2018) to provide On -Call
Right of Way Property Appraisal Services in the City of Santa Ana (City). This proposal
Is submitted to comply with the submission deadline of no later than 4:00 p.m. on Monday,
October 8, 20%
The legal name of the firm is Ellis Group, Inc. dba Integra Realty Resources— Los Angeles,
The contract should be addressed to the dba Integra Realty Resources — Los Angeles at
16030 Ventura Boulevard, Suite 620, Encino, CA 91436-4473. The firm's phone number
Is (818) 290-5400,
Ellis Group, Inc. (dba Integra Realty Resources — Los Angeles) is an S-corporation,
California corporate number C1979969, in good standing. The firm was incorporated
March 6, 1997.
Note that both Beth B. Firestone, MAI, AI-GRS, FRICS, CRE (bfinstone(ciiirr.com),
Managing Director, and John G. Ellis, MAI, CRE, FRICS (iellis Irr.com), Senior Managing
Director, are principals of the firm authorized to sign documents on behalf of IRR-Los
Angeles. However, Ms. Finestone will be the City's contact for contractual matters.
IRR-Los Angeles concurs with any and all provisions as contained in the Agreement
attached to the RFP as Attachment 2 in the Appendix.
Thank you for the opportunity to submit our qualifications to provide professional appraisal
services to the City. If you have any questions or comments, please do not hesitate to
contact me at (818) 290-5455.
Sincerely,
Integra Realty Resources — Los Angeles
Beth B. Finestone, MAI, AI-GRS, FRICS, CRE
Managing Director
BBF(mt
Response to RFP No. 18-082 for On -Call Right of Way Property Appraisal Services 1
Firm and Team Experience
Integra Realty Resources — Los Angeles specializes in completing appraisal assignments for public
agencies and for litigation purposes. We have significant experience in eminent domain appraisals with
a specialty in appraisals for transportation projects (right of way). The work we do for public agencies
involves full and partial acquisition appraisals, disposition appraisals, appraisals of land for mitigation
purposes, and appraisals for bond financing. We also do consulting and appraisals relating to reuse
studies.
All senior professional staff members at IRR-Los Angeles are current in their continuing education
requirements in their status as certified general appraisers in the State of California. Accordingly, they
are sufficiently familiar with the requirements of the Uniform Standards of Professional Appraisal Practice
(USPAP) and especially with Standards Rules 1 and 2 that apply to the development of real property
appraisals and the preparation of real property appraisal reports. The requirements of all applicable
regulations are reviewed on a regular (and not less than annual) basis to assure our current knowledge
of these requirements and the full compliance of our appraisal development and reporting. We also
review the Caltrans Right of Way Manual, Uniform Standards for Federal Land Acquisitions, and the
California Code of Civil Procedure regularly as a significant portion of our work is written to these
standards. All of our work conforms to best business practices as generally recognized by other market
participants, including other government agencies.
Overall administration for services provided to the City will be coordinated by Beth B. Finestone, MAI, AI-
GRS, FRICS, CRE. She will also have direct and personal involvement in the completion of the
appraisals and In the communication of the results of these appraisals to the staff or other designated
representatives of the City. John G. Ellis, MAI, CRE, FRICS, Robert M. Lea, MAI, and Adam M. Bogorad,
MAI, also qualify as project managers for any work for the City.
Beth B. Finestone, MAI, AI-GRS, FRICS, CRE, Managing Director, is in line to become chapter
president for the Southern California Chapter of the Appraisal Institute (SCCAI), the largest chapter in
the United States. She also holds the AI-GRS (review appraiser) designation of the Appraisal Institute.
In addition, she is a fellow of the Royal Institution of Chartered Surveyors (RIGS). She is also a member
of the Counselors of Real Estate (CRE) and of the International Right of Way Association (IRWA). She
is a certified Yellow Book (Uniform Appraisal Standards for Federal Land Acquisitions) appraiser.
Ms. Finestone specializes in the appraisal of property for public agencies. This work includes acquisition
and disposition appraisals as well as rent studies, ground lease analyses, and right-of-way appraisals
(both full and partial acquisition appraisals). Ms, Finestone has also been active in valuing land for
conservation and mitigation purposes and has been awarded on call appraisal contracts with many public
agencies in Los Angeles, Orange and Riverside Counties.
Response to RFP No. 18-082 for On -Call Right of Way Property Appraisal Services 2
Ms. Finestone is also an experienced review appraiser. She has reviewed large numbers of appraisals
for OCTA, LAUSD, the cities of Ontario and Riverside, and Los Angeles County Metropolitan
Transportation Authority (LACMTA),
John G. Ellis, MAI, CRE, FRICS, Senior Managing Director, has served as past president of the SCCAI,
has served as an elected member of the SCCAI Board of Directors for five years, has served on various
volunteer committees for the Appraisal Institute (at the local, regional, and national levels) for more than
20 years, and is a nationally approved instructor for the Appraisal Institute. In November 2013 he was
honored as a Volunteer of Distinction by the local chapter. Four times he has chaired the SCCAI's Annual
Litigation Seminar conducted for the benefit of Southern California's legal and appraisal communities.
Mr. Ellis is also a member of the CRE and the IRWA and a fellow of RIGS. He is Yellow Book certified,
having successfully completed the accredited course the Uniform Appraisal Standards for Federal Land
Acquisitions. As senior managing director of the firm, he 1s involved in completing valuation and
consulting assignments, overseeing the work and the mentoring of some of the junior staff members. He
has significant experience in the coordination and management of multiproperty assignments,
Robert M. Lea, MAI, Director, has been working in the field of real estate appraisal, analysis, and
consulting for many years. His work covers a broad range of appraisal and consulting assignments,
litigation support, and expert testimony. He has taught, published and lectured in the appraisal field.
Mr. Lea founded Lea Associates in 1976 and operated the firm until recently. Mr. Lea joined IRR-Los
Angeles in December 2017 and brings a wealth of experience. He serves law firms, public agencies,
corporate clients, lenders; and developers, Mr. Lea has had the opportunity to work in financial appraisal,
consulting, and eminent domain valuation and testimony since the beginning of his career and has
appraised hundreds of properties in city center redevelopment projects as well as full and partial takings
for right-of-way assignments which range from street widenings to freeway acquisitions to subterranean
tunnel easements for subways. Mr. Lea frequently is retained in arbitration proceedings either as an
appraiser or arbitrator. This provides Mr. Lea with the experience and qualifications to instruct real estate
appraisers and to provide a special focus on market analysis, appraisal procedures, valuation, and
reporting.
Adam M. Bogorad, MAI, Director, has worked in real estate since 2002 and has been a licensed real
estate appraiser since 2005. Mr. Bogorad has been engaged in assignments covering a wide array of
property types for both public and private sector clients and has been designated as a real estate expert
witness in the Superior Court of California, With specific respect to land valuation matters, Mr. Bogorad
has successfully completed assignments all over Southern and Central California for clients such as
OCTA, Caltrans, Southern California Edison Company (SCE), California High -Speed Rail Authority
(CHSRA), numerous government agencies and public -school districts, McDonald's USA, and a number
of law firms. Mr. Bogorad also has extensive experience with matters of eminent domain. He has
presented, as an instructor, courses related to various aspects of real estate analysis.
The qualifications of the appraisers who will potentially be assigned to do the work are detailed in the
Professional Qualifications section of this proposal.
Representation in Court Proceedings
Mr. Ellis, Ms. Finestone, Mr. Lea, and Mr. Bogorad have appeared as expert witnesses in multiple courts
throughout California. Mr. Ellis and Mr. Lea specialize in appraising for litigation purposes and are in
high demand as an expert witness and arbitrator (Mr. Ellis). Summaries of court experience will be
provided upon request.
The following table illustrates the availability of key personnel to provide work for the City of Santa Ana.
Please note that we have the ability to allocate a greater percentage of our manpower, If necessary, to
complete a large group of appraisals for a given project or projects. We have this ability due to the depth
and size of our staff. We have included only senior members of our team in the table which follows.
Once a project is in full swing, we would allocate 100 percent of the resources of the required key
personnel.
Response to RFP No. 18-082 for On -Call Right of Way Property Appraisal Services 3
Seth B. Finestone, MAI, AI-GRS, FRICS, CRE, Managing Director
20
Ryan J. Dobbins, Associate Director
30
John G. Ellis, MAI, CRE, FRICS, Senior Managing Director
10
Jerardo Arcinlega, Senior Analyst
30
Robert M. Lea, MAI, Director
10
Susan C. Gordon, Senior Analyst
20
Adam M. 6ogorad, MAI, Director
30
Aaron S. You, Senior Analyst
40
William Larsen. SRMIA. Director
40
Thomas G. Richardson. Senior Analyst
40
Understanding of Need/Scope of Services and Schedule
Each right of way project varies in terms of the timing that appraisers are brought into the project, In
recent years, design build projects have become much more popular. A design build project involves
much more communication with the client on a regular frequency than a project that has been fully
designed prior to appraisals being ordered. This results in part from the fluidity of the project, questions
about design that are integral to the appraisal process and assumptions that may be required when
projects are earlier in the design process.
Prior to bidding on an assignment, Beth Finestone would discuss the individual project with the
appropriate representative of the City to make sure we have an understanding of the general impact the
project may have on the individual property(s) to be appraised. If possible, this would include a
preliminary review of project maps (right-of-way maps) and aerial photographs, This will enable Ms,
Finestone to provide an appropriate fee quote to the City that can result in the greatest economies of
scale. For example, if it can be ascertained that an individual property or properties can be valued as
land only, as the required acquisitions are minor and no severance damages are anticipated, then a lower
fee can be quoted versus automatically assuming a full before and after analysis, as improved, must be
undertaken.
In terms of the processes for workflow management, IRR-Los Angeles has business processes in place
to perform the scope of services as set forth in the City's RFP. The firm operates a well -organized project
management system that streamlines the workflow, freeing up our analysts to concentrate a very high
percentage of their time on doing analysis rather than administrative tasks.
As soon as a project (may include multiple appraisals for a large project) is awarded, each individual
appraisal assignment is assigned to a senior appraiser and is given a job number, posted on an Excel
Master Tracking Spreadsheet (EMTS) that is updated daily as milestones on each individual assignment
are reached. This EMT$ is maintained and updated daily through the assignment's completion. Every
process has a column on the EMTS, so that at a glance, the precise status of each appraisal can be
known at any moment in time. In this manner, IRR-Los Angeles is able to coordinate a large number of
appraisals related to any given Project. The EMTS is tailored to the individual assignment and the
reporting needs of the client. Items that are typically tracked include property identification number, APN,
physical address, property owner contact information, date notice of intent to appraise letter is received,
date owner notification letter sent, status of return receipt (all owner notification letters are sent certified
mail, return receipt requested), date of inspection, ongoing summary of owner contact (parcel diary),
comments (summarize missing information or items that require resolution), date draft report is
anticipated to be delivered, actual date draft report is delivered, date review comments are received, date
review comments are responded to, date of final report delivery.
If a larger multiproperty assignment is awarded, we would like to set a meeting with the project manager
at the City to discuss the project and to glean any information available as to property owner concerns
and project Impacts. We have found that sitting with the client at the onset of a larger multiproperty
assignment and going over the individual properties and reviewing maps together can result in
tremendous time savings down the road. In the case of an Individual property award, this can often be
handled over the phone.
Next, contact is made with the property owner or their designated representative (owner notification letter)
giving them the opportunity to accompany the appraiser on the inspection of the property and provide all
information they feel is important. The senior appraiser remains directly involved In all aspects of the
Response to RFP No. 16-062 for On -Call Right of Way Property Appraisal Services 4
Inspection, analysis, and appraisal completion. Limited amounts of research assistance may be provided
by less senior appraisal staff, under the direct guidance and supervision of the project's senior appraiser.
All assignments are reviewed by one of the firm's MAls, who will also sign the appraisal report and take
full responsibility for its content. Upon final review, the report Is delivered to the client. If requested, a
draft of the report will be submitted for review prior to finalization.
Appraisal assignments are completed with the use of the most appropriate valuation methods for the
specific property type. These Include the Sales Comparison Approach, the Income Approach, and the
Cost Approach. For single-family residential properties and land appraisals, the Sales Comparison
Approach is usually the most relevant approach and Is typically the only one that has application to the
property. For income -producing properties, Including multifamily residential properties, the Income
Approach is commonly utilized, along with the Sales Comparison Approach. For buildings that are newer
(non-residential), or which contain fairly specialized Improvements, the Cost Approach is frequently
relevant.
In the process of completing part -take acquisitions, we give full consideration to possible severance
damages and benefits that may accrue to the remainder parcels as a result of the acquisition and project.
The appraisers of IRR-Los Angeles have qualified as experts and have performed reviews and testified
on these specific valuation methods and applications as referenced on the professional qualifications that
are made a part of this proposal.
When an acquisition results in the services of a FF&E and/or business goodwill appraiser being involved,
we coordinate directly with them to ensure that all items are accounted for and also to ensure that there
Is no double counting of compensable items.
Upon receipt of notice to proceed, our work will progress through the completion of the following steps
and others that may be deemed relevant as we complete the assignments. Please note that the time
schedule below assumes multiple property appraisals are awarded at a single time. This timeframe can
be compressed for smaller assignments or to meet client needs.
Week 1
1. Beth Finestone will notify her administrative assistant of all jobs awarded and assign them to key
personnel.
2. Within 24 hours, each Individual property will be assigned a job number, posted on EMITS and
attached to a routing form that follows the project through the production process. As part of this
process all of the properties are input Into QataPoint, our proprietary data management system
utilized in part to coordinate large property assignments.
3. Meet with client to review mapping, ownership records, aerial photos, and other project -specific
documents.
4. Organize a series of work notebooks (one for each property being appraised) that will allow us to
maintain a high level of organization throughout the project.
5. Prepare and send owner notification letters.
6. Request all necessary data from Client.
Weeks 2-3
7. Begin research for comparable sales and for relevant land use issues in appropriate jurisdictions.
8. Review subject title reports (if available).
9. Review the easement deeds for the subject properties.
10. Conduct onsite inspections of the subject properties and meet the property owners who have
responded positively to our offers to do so. For properties where the owner does not respond, we
Inspect from the public right of way.
11. Complete field inspection of comparable sale transactions.
12. Conduct confirmation interviews for the comparable sales.
13. Meet with representatives of relevant jurisdictions to review land planning maps and documents and
to conduct appropriate interviews concerning zoning and general plans.
Response to RFP No, 18.082 for On -Call Right of Way Property Appralsa/ Services 5
14. Prepare master report detailing appraisals for each geographic region.
Week 4
15. Senior appraisers meet with Beth Finestone, John Ellis, Bob Lea, or Adam Bogorad to conclude
preliminary values for a geographic region.
16. Complex valuation issues will be personally addressed by Beth Finestone, John Ellis, Bob Lea or
Adam Bogorad.
17, Senior appraisers prepare valuation analysis within a framework that allows us to review values on a
parcel -by -parcel basis, to assure the development of value opinions that are both well -supported and
consistent across all parcels of the project.
18. For partial acquisitions, evaluate the Impact of the acquisition(s) and the project on the remainder,
and complete the analysis of severance damages.
Weeks 5-6
19. Beth Finestone, John Ellis, Bob Lea or Adam Bogorad review all final valuations,
20. Senior appraisers finalize the appraisal reports, statements of valuation, and parcel diaries,
21.Organize the subject photos and comparable sale data sheets.
22. Upload all final documents to the designated, secure website or deliver electronic and hardcopies of
reports as requested.
Post Delivery
23. We will be readily accessible to address any questions or concerns that arise from the City's review
of our delivered work product. Attention to post -delivery inquiries will be a high priority item to be
addressed Immediately upon presentation.
IRR-Los Angeles is In the unique position to utilize state-of-the-art computer technology and the Industry's
most advanced computer software in the preparation of every assignment, Integra Realty Resource's
DataPoinfrm and MarketPointT"' software provide clients with consistent applications of the most
sophisticated valuation tools, access to a national database, and delivery of a standardized report for
ease of review and presentation.
Datapoint, which is a web -based appraisal management program that incorporates an advanced
Customer Relationship Module and Project Management Module (PMM), delivers real-time tracking of
assignments and asset details. With the PMM clients can access valuation and counseling reports
through secured digital communication regarding recently completed projects. The web -based interface
also incorporates a comparable database module which captures property and land Inventory, sales and
lease transactions, income and expense information, and multifamily rental data. Using DataPoint we
will be able to provide daily updates to the City,
This system was developed by Integra Realty Resources. It is used Internally to log and track the status
of each assignment. However, it is also available for use by our clients, and can be used for the posting
of final PDF copies of documents or reports, 24 hours a day, seven days a week. Web -based, the system
can be accessed by standard phone lines (modem), DSL, T1, and wireless technologies anywhere in the
world.
Relevant Project Experience
Notable examples of significant appraisal assignments for public agencies that IRR-Los Angeles has
successfully completed include the following:
1. Overland, Pacific & Cutler/OCTA: We appraised 33 single-family residences that are impacted by
the 1-405 Widening Project in Costa Mesa. The acquisitions all involve temporary construction
easements (TCEs). This assignment required an analysis of temporary severance damages due to
Impacts to rear yards as well as a valuation of all site Improvements in the TCE areas. In addition,
we have appraised approximately 70 commercial properties in Westminster and Fountain Valley as
part of the project. Some of the commercial properties suffered significant damages which required
analysis.
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Response to RFP No. 16-082 for On -Call Right of Way Property Appralsal Servlces 6
2. Overland, Pacific & Cutler/Caltrans: We recently appraised 25 larger parcels that will be impacted
by partial acquisitions for the 1-5 HOV Improvement (widening) Project In the Mission Viejo area. In
this assignment, we acted as in -lieu appraisers for Caltrans.
3. Orange County Transportation Authority: Multiple appraisals in Orange County:
• City of Buena Park: We appraised six OCTA-owned parcels of vacant land located for
disposition purposes. They were considered surplus remnant paroals.
• Lakeview Avenue Grade Separation Project: We reviewed approximately 28 appraisals,
some of which involved dual appraisal of complex part -take assignments.
• 1.5 HOI/Improvement (widening) Project: We completed review work for approximately 10
appraisals and appraised 25 properties in the Mission Viejo area that were proposed to be
impacted by partial acquisitions.
• Sand Canyon Bus Base., We appraised the partial fee acquisition of the subject property
required for the realignment of Marle Way in the City of Irvine.
• Orange County Streetcar Project: We appraised six commercial properties for full
acquisition. These included a multifamily residential property and a recycling center, school,
gas station, flood control channel, and public agency property.
4. County of Los Angeles Department of Public Works On -Call Appraisal Services: We have
appraised a number of projects for the County:
• Twin Lakes Sewer Improvement Project (involved partial acquisitions on 37 properties),
• Point Dume Reservoir,
• Meisner Street Easements,
• Lease Properties adjacent to flood control channels,
• McDonnell Avenue right-of-way easements,
• Nine County of Los Angeles courthouses,
• Culvert Upgrade — Phase II Project,
• Santa Monica Canyon Channel Property
5. City of Ontario On -Call Appraisal Services: Appraisal of multiple parcels of industrial, commercial,
and multiresidential properties, concentrated in the vicinity of Ontario International Airport. In addition
to performing acquisition and disposition appraisals for the City of Ontario and Its Housing
Department, we have also been retained to complete appraisal reviews of outside appraisals
prepared by other fee appraisers for parcels within Ontario.
6. City of Inglewood On -Call Appraisal Services: We recently completed the appraisal of 11
properties for the Century Boulevard Mobility Improvement Project.
7. City of Riverside RTRP. We initially valued 22 residential and commercial properties in the City of
Riverside. These properties all had a three -foot -wide partial taking along their frontage to
accommodate the construction of a 69kV transmission line. This represented phase one of this
assignment. Phase Two involved the partial taking of land over seven properties owned by University
of California -Riverside for the construction of a transmission lire. The final phase involved
approximately 90 properties of various types which will be impacted by partial takes for the
construction of a transmission line.
8. California Department of Transportation -- Legal Division: We have been engaged as an expert
witness In 36 litigation matters for properties in Los Angeles, San Bernardino, and Riverside counties.
9. OPC/Riverside County Transportation Commission: We appraised parcels under more than 70
separate ownerships affected by acquisitions and easements for the SR-91 Corridor Improvement
Project through the City of Corona. The complete summary appraisal reports and appraisal summary
statements included a valuation of the properties in the before and after condition. Some of the
properties were very complex and had significant severance damage analyses due to loss of building
improvements, parking, loading, etc. The ultimate client is the RCTC. Several of the properties are
proceeding to eminent domain litigation so expert testimony will be required.
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Response to RFP No. 18-082 for On -Gall Right of Way Property Appraisal Services 7
10, OPC/City of Bakersfield: We just completed the appraisal of five properties as part of the Calloway
Drive Widening Project within the City of Bakersfield. Severance damages studies are part of this
analysis.
11. Paragon Partners Ltd., For the Fullerton Road Grade Separation Project, we appraised eight
properties within the City of Industry, The proposed acquisitions included utility easements, road
easements, and TCEs. Severance damages resulted from some of the acquisitions, and those were
analyzed.
12. Paragon/Alameda Corridor -East Project: We appraised two Industrial buildings as full acquisitions
for the Durfee Avenue Grade Separation Project in the City of Pico Rivera.
13. Metrorail Underground Easements: Appraisal of numerous underground easements acquired as
part of the Metrorail subway construction in Los Angeles. For five of these parcels, the appraisals
served as a basis for expert testimony in an eminent domain trial presented in the Los Angeles County
Superior Court.
14. California High -Speed Rall Authority: Since 2014 we have been working with multiple prime
consultants as appraisers for approximately 200 properties under separate ownerships throughout
the San Joaquin Valley as part of the high-speed rail project. These have involved full and partial
acquisitions of agricultural, residential, commercial, and industrial properties.
Below is a partial list of public agency clients for whom we have successfully completed assignments
through the firm's history, (can move this to Addenda in qualifications section if need the space)
Cities
Allso Viejo
El Monte
Lancaster
Newport Beach
San Dimas
Arcadia
Fountain Valley
Lawndale
Ontario
Santa Monica
Bakersfield
Glendale
Loma Linda
Orange
Seal Beach
Baldwin Park
Hawthorne
Long Beach
Oxnard
South El Monte
Bellflower
Hermosa Beach
Los Angeles
Palmdale
Stanton
Beverly Hills
Huntington Beach
Lynwood
Pasadena
Temecula
Buena Park
Indio
Malibu
Redondo Beach
Upland
Carson
Inglewood
Monrovia
Rialto
Victorvllle
Claremont
Irvine
Montclair
Riverside
West Hollywood
Cudahy
La Habra
Monterey Park
Rosemead
El Centro
La Verne
Moreno Valley
Sacramento
School Districts and Educational Institutions
Adelanto School District
Anaheim City School District
Anaheim Union High School District
Antelope Valley Union High School District
Barstow Community College District
Beaumont Unified School District
California State University, Los Angeles
Castaic Union School District
El Monte Union High School District
El Segundo Unified School District
Fontana Unified School District
Fountain Valley School District
Hermosa Beach City School District
Las Virgenes Unified School District
Long Beach Unified School District
Los Angeles Community College District
Los Angeles County Office of Education
Los Angeles Unified School District
Moreno Valley Unified School District
Marengo Unified School District
Ojai Unified School District
Orange County Department of Education
Oxnard Union High School District
Palm Springs Unified School District
Palmdale School District
Paramount Unified School District
Pepperdlne University
Placentia—Yorba Linda Unified School District
Pomona Unified School District
Regents of the University of California
Riverside Unified School District
San Bernardino City Unified School District
San Gabriel Unified School District
South Pasadena Unified School District
Southern California Institute of Architecture
Slmi Valley Unlfled School District
University of La Verne
Val Verde Unified School District
Victor Valley Union High School District
Other Public Agencies and Related Consultants
Associated Right of Way Services, Inc. Los Cerritos Wetland Authority
Bender Rosenthal, Inc. Metropolitan Water District of Southern California
Briggs Field Services, Inc. Mountains Recreation 8 Conservation Authority
California Department of Fish and Wildlife OmniTrans
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Response to RFP No. 18-082 for On -Call Right of Way Property Appraisal Services 8
California Department of General Services
California Department of Justice
California Department of Transportation
California Department of Water Resources
California High -Speed Rail Authority
California State Coastal Conservancy
California State Parks
California Wildlife Conservation Board
CDC of the County of Los Angeles
Center for Community and Family Services
Continental Field Service Corp.
Epic Land Solutions, Inc.
HDR Engineering, Inc.
Housing Authority of the County of Los Angeles
Housing Authority of the County of San Bernardino
L.A. County Metropolitan Transportation Authority
Los Angeles County Department of Auditor -Controller
Los Angeles County Department of Public Works
Los Angeles World Airports
Orange County Transportation Authority
Overland Pacific & Cutler, LLC
Paragon Partners Ltd.
Port of Long Beach
Port of Los Angeles
Riverside County Economic Development Agency
Riverside County Transportation Commission
Sanitation Districts of Los Angeles County
Santa Monica Mountains Conservancy
Southern California Edison Company
The Nature Conservancy
The Trust for Public Land
Trabuco Canyon Water District
U.S. Army Corps of Engineers
U.S. Department of Energy
U.S. Department of Interior
U.S. Department of Justice
U.S. Department of the Army Corps of Engineers
U.S, General Services Administration
References
Below are client references for recent appraisal projects for public agencies.
1.405 Irh*4,ement Proj6 ,
Name of Firm Overland Pacific & Cutler, LLC
Address 1 Jenner, Suite 200, Irvine, CA 92618
Contact Person Daniels Borbe
Regional Manager OC/SD
dborbe o eservices.com
Telephone (949) 951-5263
Period of Performance 2015—present
Brief Description of Service Provided
For this ongoing project, we have appraised more than 100 properties under separate ownerships in
Orange County. Properties appraised have been land, special purpose, office, retail, industrial, and
—single-family residences.
Purple Line'(Westsldq) Subway`ExtensionTransit Project .
Name of Firm Los Angeles County Metropolitan Transportation Authority
Address One Gateway Plaza, 120h Floor, Los Angeles, CA 90012-2952
Contact Person Michael S. Daniels, MAI
Principal Real Estate Officer
d nielsm m ro.het
Telephone (213) 922-3584
Period of Performance 2017 — present
Brief Description of Service Provided
We are appraising subsurface easements for multiple commercial, and special purpose properties
within the City of Beverly Hills for the Purple Line Subway extension to the Westside.
J-5 Widenitg Project
Name of Firm Orange County Transportation Authority
Address 550 South Main Street, Orange, CA 92863
Contact Person Delia Sarris
Senior Real Property Agent
dsarris(r1octa.net
Telephone (714) 560-6282
Period of Performance 2016 — present
Brief Description of Service Provided
We have appraised 25 properties under separate projects for this second phase of the 1-5 Widening
Project through Orange County. The properties have been land, special purpose, retail, and single-
family residential.
Response to RFP No. 18-082 for On -Call Right of Way Property Appraisal Services 9
$R-91 Corridor Improvement Project
Name of Firm Overland Pacific & Cutler, LLC
Address 3750 Schaufele Avenue, Suite 150, Long Beach, CA 9 8808
Contact Person Mark R. La Bonte, SRIWA
Telephone (562) 304-2000
Senior Vice President
mlabonten�acservicos.com
_„
Period of Performance 2012 — present
Brief Description of Sarvive Provided
Appraisal of parcels under more than 70 separate ownerships affected by acquisitions and easements
for the SR-91 Corridor Improvement Project through the City of Corona. The complete summary
appraisal reports Included a valuation of the properties In the before and after condition. Some of the
properties are very complex and had significant severance damage analyses due to loss of building
Improvements, parking, loading, etc. The ultimate client is the Riverside County Transportation
Authority. Several of the properties are proceeding to eminent domain litigation so expert testimony will
be required,
Response to RFP No. 18-082 for On -Call Right of Way Property Appraisal ServIces
Professional Qualifications
1. Beth B. Finestone, MAI, AI-GRS, FRICS, CRE
2. John G. Ellis, MAI, CRE, FRICS
3. Robed M. Lea, MAI
4. Adam M. Bogorad, MAI
5, William Larsen, SRNVA
6. Ryan J. Dobbins
7. Jerardo Aroiniega
8. Susan O. Gordon
9. Aaron S. You
10. Thomas G. Richardson
Beth p Finestone,
MAI / I-GRt+ FRICc CRE Integra Realty Resources
Beth B. 1, � MAI, !^1 17I1J/ f_11 1wJt IiG Los Angeles
16030 Ventura Boulevard
Experience Suite 620
Ms, Firestone, Managing Director for and a principal of INTEG RA REALTY RESOURCES— LOS ANGELES, Encino, CA 91436-4473
has been with the firm since 2004 and has been appraising in Southern California since 1981. She has
specialized In valuation and consulting services related to public agency clients and for major, T818.290.5400
Investment -grade commercial properties, e.g., office, industrial, retail,. multifamily, land, and special F818.290:5401
purpose properties, for over 35 years. Ms. Finestone has also been very active Is the appraisal of land,
bothentitled and unentitled. She has .been Involved in the appraisal of open space land, land for www.irncom/losargeies
mitigation purposes and valuing various types of land for conservation easement purposes.
Ms. Firestone is vice president for the SCCAI, the largest Appraisal Institute chapter in the United
States. She is, therefore, In line to become chapter president in 2019. She also holds the. AI-GRS
designation of the Appraisal Institute. In addition, she is a fellow of the RICS (past board member) and
is also a member of the CRE and of the IRWA. She has been honored locally for her professional
accomplishments in May 2009, she was a Los Angeles Business Journal nominee for Executive of the
Year —Women Making Difference.. in October 2006 Ms. Firestone was honored as one of Real Estate
Southern California's 2006 Women of Influence for contributions to commercial real estate and
devotionto community enrichment.
Ms. Firestone previously held senior positions with Flnestone & Associates and Cushman & Wakefield
of California. At Flnestone & Associates from 1996 through 2003, she specialized In real estate
appraisal, valuation and consulting services with focus on preparation of appraisals for Industrial,
commercial, and special purpose. properties, This focus Included consultation. services, due diligence
work, litigation support, and expert witness designation.
At Cushman & Wakefield of California, Inc. from 1983 through 1996, Ms. Flnestone was in the Los
Angeles Appraisal Services Group, specializing in real estate valuation and consulting. By the end of
her tenure, she was responsible for the management the Los Angeles Valuation Advisory Services
Group, Including preparation and review of appraisal reports, business development, consulting and
litigation work, management and coordination of multi -property assignments and national accounts,
professional staff development, and support staff supervision.
Ms. Firestone's clients Include public agencies, right-of-way firms,. lenders, institutional investors,
major corporations, law firms, and. individual property owners. Her services include a wide range of
specialized studies Including partial interest acquisitions, value diminution (from both Internal and
external Influences), market demand, feasibility, severance damages and project benefits, investment
analysis, assessment allocation, reuse analysis, and the valuation of partial Interests including
leasehold, leased fee,. possessory Interests, and minority Interests.
Ms. Firestone has significant experience In coordinating and managing multilamperty assignments.
She has been active in acquisition appraisals for :SCE In Los Angeles, Tulare, Fresno, Kern, San
Bernardino,. and Riverside counties;. Riverside County Transportation Commission (RCTC) as part of the
expansion of the SR-91 freeway in Corona; the Orange County Transportation Authority (OCTA) as
part of the 1-405 expansion and the 1-5 expansion, San Bernardino County Associated Governments
(SANBAG); City of Bellflower, City of Ontario; City of Inglewood; the California Department of General
Services; the U.S. General Services Administration; and the California High -Speed Rail Authority
(CHSRA).
She recently completed the appraisal of approximately 51 parcels of land owned by Union Pacific
Railroad as part of the high-speed train (HST) project. These included the valuation of corridor land,
surplus land, overcrossings, undercrossings, and miscellaneous utility easements. She also completed
the appraisal of 54 large parcels involving agricultural and ranch uses as a part of the HST project. She
has been active in valuing mitigation land as part of the HST project, Including land banks and open
space. Ms. Flnestone completed the appraisal of approximately 20 flowage easements for the State
Department of Water Resources as part of the Cantua Creek Improvement Project. In December 2016
Ms. Finestone completed the appraisal of approximately 35 miles of pipeline easements for the
purpose of resetting rent,
Ms. Firestone has aided the Los Angeles County Metropolitan Transportation Authority (LACMTA) in
reviewing appraisals related to the proposed Crenshaw/LAX Transit Corridor Project. She has w
significant experience In working with school districts for both acquisition assignments and disposition irr,
bfinestone@irr.aam — 818.290.5455
Beth B. Finestone MAI AI-GRS FRiCS CRE IntegraRealtyResources
! D D / Los Angeles
of surplus sites. Ms. Flnestone has an on -call appraisal contract with the City of Ontario and prepares 16030 Ventura Boulevard
and reviews appraisals related to their Quiet Home Program. These reports and reviews are done to Suite 620
FAA guidelines. She also has on -call appraisal contracts with the County of Los Angeles, the California Encino, CA 91436-4473
State University Office of the. Chancellor, the Los Angeles Community College District, the Los Angeles.
Unified School District, the Community Development Commission of the County of Los Angeles, the T 818,290,5400.
Housing Authority of the County of Los Angeles, the City of Irvine, the Riverside County Transportation F 818,290.5401
Commission (RCTC),and the Orange County Transportation Authority (OCTA).. She has reviewed large
numbers of appraisals for the OCTA, Los Angeles. Unified School District, and the City of Ontario. She www.irccom/losangeles
also oversees the administration of the office and works with and mentors Junior members of the
staff.
Her assignments have Included a wide variety of property types, Including:
Agricultural Land Industrial Land Religious facilities
Apartment complexes Industrial manufacturing Residential Land
Auto service/gas stations Mixed retail/residential Restaurants
Camps and schools Mitigation and open space land Shopping centers
Cold -storage facilities Mobile home parks Single-family residences
Commercial land Office buildings Special purpose properties
Condominiums Pipeline easements. Subdivisions
Healthcare properties Produce marts Theaters
Hotel/motel properties Rail and transportation corridors Warehouse/distribution
Wind farms
Professional Activities
Member: .Appraisal Institute (MAI No. 7973)
Designation: Appraisal institute — General Review .Specialist(AI-GRS)
Fellow: Royal Institution of Chartered Surveyors (FRICS No. 1259538)
Member: The Counselors of Real Estate (CRE No.13807)
Member: International Right of Way Association
License: California State Certified General Real Estate Appraiser No. AGO04030
Recognition
• Los Angeles Business Journal 2009 Nominee for Executive of the Year — Women Making a
Difference, May 2009
• Designated one of Real Estate Southern California's 2006 Women of Influence, October 2006
Seminar Presentations
• Corridors, Crops & Condemnation (IRWA National Conference in San Diego, June 2015)
• .Eminent Domain Appraisals., Pitfalls & Value -Added Services (RICS — Southern California Chapter,
CPD Presentation, April 16, 2015)
• Government Buildings (Appraisal Institute, Special Purposes Seminar, July 15, 2014)
• The Trouble with Ignoring Building Code Violators (SCCAI 43'd Annual Litigation Seminar,
Moderator, November 15, 2013)
• Conflicting Mandates & Instructions Between USPAP, yellow Book, & Caltrans Appraisal
Guidelines (IRWA Annual Valuation Seminar, April 24, 2012)
• Current Issues in Real Estate Appraisal (Lorman Education Services, live audio conference, March
8, 2012)
• The Role of the Appraiser In Construction Defect Litigation: Measuring Damages from
Construction Defects (MCLE-approved presentation, January 11, 2012, March 4, 2010, and
February 10, 2010)
Expert Testimony
Ms. Finestone has qualified as an expert witness in real estate matters and has testified before:
• Superior Courts: Los Angeles and Orange Counties
• Arbitration Hearings: Los Angeles County w
• Tax Appeal Boards: Los Angeles and San Diego Counties err.
bfinestone@irr.com — $18.290.5455
Int
gra
Bull Br Finestone, MAI, .M.i-VIIJt FRi CS, CRE ( Los �AngelesltY Resources
Education
16030 Ventura Boulevard
Suite 620
M.B.A., Pepperdine University
Encino, CA 91436,4473
B.S., Kinesiology, University of California, Los Angeles
Ms. Finestone is currently certified bythe Appraisal Institute's program of continuing education for Its
T 818.290.5400
designated members. She successfully completed the following courses and other requirements of
F 818.290.5401
the MAI designation through the Appraisal Institute and American Institute of Real Estate Appraisers:
• Real Estate Appraisal Principles (2004)
www.irr.com/losangeles
• Basic Valuation Procedures (2004)
• Capitalization Theory and Techniques, Parts I, II, III
• Case Studies in Real Estate Valuation
• ReportWriting and Valuation Analysis
• Real Estate. Investment Analysis
• Income Property Demonstration Report
• The Sales Comparison Approach
• Standards of Professional Practice (2007)
• Federal & State Laws and Regulations (2004)
" Real Estate Finance (2004)
• Comprehensive Examination
She has attended the following courses, seminars, and workshops:
• Uniform Appraisal Standards for Federal Land Acquisitions: Practical Applications (Appraisal
Institute, 2017)
• CRE Midyear Meetings (Counselors of Real Estate, 2017)
• LDAC 2017: What to Expect & Legislative Briefing (Appraisal Institute, 2017)
• The Changing Electric Power Grid ... and What It Means to You (IRWA/Appraisal Institute, 2017)
• 2017 Eminent Domain Seminar (Nossaman LLP, 2017)
• Santa Barbara/Ventura County 2017 Market Trends Seminar (Appraisal Institute, 2017)
• Yellow Book ..Changes — Overview for Appraisers(Appraisal Institute, 2017)
• Global Cities in an Era of Change —2016— Stanford Symposium(CRE/RIGS, 2016)
• Professional Appraisal Practice— Lessons from the Field(Appraisal Institute, 2015)
• Solar Photo -Voltaic -.A technology that has come of age (Appraisal Institute, 2015)
• Review Theory — General(Appraisal Institute, 2015)
• Annual LA./Orange County Market Trends Seminar (Appraisal Institute, 2015, 2013)
• 7-Hour National USPAP Update Course (Appraisal Institute, 2015, 2014, 2012, 2010, 2007, 2006,
2004)
• Unique Residential & Commercial Property Valuation Issues in Southern California (Appraisal
Institute, 2014)
• IRS Valuation Summit (Appraisal Institute, 2013, 2010)
• Annual Litigation Seminar (Appraisal Institute, 2013, 2007, 2006)
• Federal and California Statutory and Regulatory Law Course (Appraisal Institute, 2013)
• Appraising the Appraisal: Appraisal Review—General(AppraisalInstitute, 2012)
• Annual Valuation Seminar (IRWA, 2015, 2012)
• Business Practices and Ethics (Appraisal Institute, 2012, 2007)
• Principles of Real Estate Appraisal (IRWA, 2012)
• Jobs and Commercial Real Estate — "It's Not Rocket Science' (Appraisal Institute, 2012)
• Appraisal Curriculum Overview (Appraisal Institute, 2011)
• National IRS Symposium (American Society of Appraisers,:2011)
• Annual Summer Conference —Commercial Session (Appraisal Institute, 2015, 2011, 2008)
• Federal Agency Update (Appraisal Institute/IRWA, 2010)
• 16th Annual L.A./Orange County Market Trends Seminar (Appraisal Institute, 2009)
• Appraising income Properties in a Declining Market (Integra Realty Resources, 2009)
• Everything AI Has Not Taught You About Litigation Appraisal (Appraisal Institute, 2009)
• Introduction to Environmental Issues (IRWA, 2009)
• Investment Grade Property Valuation. in a Declining Market (Appraisal Institute, 2009)
• Litigation Appraising: Specialized Topics and Applications (Appraisal Institute, 2009)
li�M
bfinestone@irr.com — 818.290.5455
Beth B. Finestone MAI AI-GRS FRICS CRE Integra Realty Resources
I ! Los Angeles
• Principles of Real Estate Engineering (IRWA, 2009) 15030 Ventura Boulevard
• Principles of Real Estate Law (IRWA, 2009) Suite 620
• Real Property Asset Management(IRWA, 2009) Encino, CA 91436-4473
The Appraiser's Role In Public Acquisitions (Appraisal Institute, 2009)
• Valuation Issues In Eminent Domain In the Current Market (Appraisal Institute, 2009) T 818.2905400
• 53rd Annual International Education Conference, (IRWA, 2007) F 8.18.290,5401
• ABCs of Easement Valuation (IRWA, 2007)
• After -Effects of Katrina on Appraisal (IRWA, 2007) www.irr.com/losangeles
• Appraisal Special Purpose Properties (Appraisal Institute, 2007)
• Eminent Domain Appraisal (IRWA, 2007)
• Evaluating Commercial Construction (Appraisal Institute, 2007)
• Principles of Real Estate Negotiation (IRWA, 2007)
• Statistics Review with Appraisal Applications (Appraisal Institute, 2007)
• Direct and Inverse Condemnation (2006)
• Contemporary Approaches to Land Valuation (Appraisal Institute, 2005)
• Introducing the Metro Orange Line (Appraisal Institute, 2005)
• Real Estate Outlook (CSUN Center for Real Estate, 2005)
• Southern California Market Trends Seminar (Appraisal Institute, 2000)
Representative Appraisal Assignments
• Appraisal for each of the subject acquisition areas in Fresno County for the State Department of
Water Resources, which Included 22 permanent flowage easements and three partial fee
acquisitions. Some of the proposed flowage easements overlapped existing road and utility
easements which had to be considered. Due to the nature of the flowage easements, substantlal
severance damages accrued to the remainder parcels which had to be considered. This
assignment also included the consideration of orchard and crop values.
• As a subcontractor on behalf of the CHSRA since 2015, we have completed appraisals of full
acquisitions and partial acquisitions (with severance and mitigation damage studies) for many
property types including agricultural, commercial, industrial, residential, railroad corridors, and
other special purpose property appraisals. In total, we completed 95 appraisals (some of which
involved multiple parcels) thus far.
• Highest and best use appraisal of the Federal Building site in West Los Angeles (28,2 acres).
Included expanded highest and best use analysis to determine possible development scenarios
to result In the highest return to the underlying land.
• Appraisal of approximately five acres of land in the City of Beverly Hills, under three different
scenarios. Assignment completed for the City for use in determining highest and best use of the
site and to aid In lease negotiations with a proposed devoloperfor long-term lease of the site...
• Appraisal of 9,800 acres of land In Kern County for use as a wind farm. Jointly retained by the
seller (GE Wind Energy) and the buyer (Los Angeles Department of Water and Power) to act as
the third appraiser to determine the purchase/sale price of the site,
• Appraisal of the Del Mar Fairgrounds, Racetrack,. and Horsepark (450 acres of land and over
1,000,000 square feet in improvements) for the California Department of General Services.
• Disposition appraisal of the United States Army Reserve Centers in West Los Angeles (Wilshire
Boulevard and Federal Avenue) and Sherman Oaks (Sepulveda Boulevard and. Magnolia Avenue).
These assignments Involved an expanded highest and best use analysis and consideration of
possible general plan and zoning changes. The charged political climate associated with the West
Los Angeles area necessitated a number of interviews with City Council members of surrounding
districts to aid in determining possible uses for the site that would be supported by senior
planning officials with the City and County who were also Interviewed.
• Appraisal of the Concerto high-rise residential complex in downtown Los Angeles, adjacent to
Staples Center, as part of bankruptcy proceedings. The assignment involved an expanded highest
and best case analysis to analyze the property as condos for sale and as an apartment complex.
• Valuation of a number of high-rise office buildings in downtown Los Angeles, including the First
Interstate Tower, Broadway Plaza, Southern California Gas Company Tower, Wells Fargo Tower,
Wells Fargo Center at Bunker Hill, International Tower, R&T Plaza, The Park, and 550 South Hope.
• Multiple appraisal assignments for Southern California Edlson Company included: irr,
bfinestone@irr.com — 818.290.5455
Beth B. Firestone, MAi AI-GR$ FRICS CRE IntegraLos
Resources
7 / t Los Angeles
• Central Valley Phase I: Appraisal of 34 existing overhead distribution,. transmission line and 16030 Ventura Boulevard
power pole easements which SCE wanted to update and. perfect, These Involved residential, Suite 620
commercial and agricultural properties. For the agricultural properties, the valuation Included Encino, CA 91436-4473
and analysis of the loss in value from orchard trees being taken.
• Central Valley phase 11; Appraisal of 16 new acquisitions for overhead distribution, transmission T818,290.5400
line and power pole easements. This Involved all agricultural properties and Included an F 818.290,5401.
analysis of compensatlon for trees being taken. The project was highly contentious and
significant research related to severance damages was completed.. www.irr.comhosangeles
• Barstow/Daggett: Appraisal of 44 overhead transmission line and power pole easements which
SCE. wanted to update and perfect Involving residential and unimproved agricultural land.
• Victorville: Appraisal of 38 overhead distribution, transmission line and power pole easements
which SCE wanted to update and perfect. These included improved residential and commercial
properties.
• Tehachapi: Appraisal of 14 overhead distribution, transmission line and power pole easements
which SCE. wanted to update and perfect. These included residential, commercial and
unimproved agricultural properties.
• Corona: Ongoing assignment related to the acquisition of 11 subsurface easements for
underground transmission and distribution lines. These represent the acquisition of new
easements which partially overlap previously existing easements in favor of SCE. All of the
properties Involved are improved with single-family residences.
• Appraisals of multiple transportation corridor easements In San Bernardino and Riverside
counties for Overland, Pacific & Cutler, Inc., including:
• Milliken Avenue Grade Separation Project: Upgrade of the existing Milliken Avenue/Mission
Boulevard/Union Pacific Railroad at -grade crossing within the City of Ontario,
• 511-91 Widening Project: Acquisitions and easements for the widening of State. Route 91 within
the City of Corona
• Devore Interchange Improvements Project: Acquisition and easements for the construction of
an improved interchange at 1-15 and 1-21S within the City of Devore.
• Appraisal of multiple properties for the M2 Environmental Mitigation Program for the OCTA:
• The Also Canyon property Is a 150.87# acre site perched on a Laguna Beach hillside,
overlooking the Pacific Ocean. The property was appraised for potential acquisition purposes
related to an open -space conservation program.
• The Irvine Mesa Corridor consistedof the. appraisal of 20 parcels totaling 669.99± acres in the
Silverado Canyon area of southeastern Orange County. The report was intended to assist with
the acquisition of the land from the owner, the Wlldlands Conservancy. This property was
comprised of a number of parcels which we appraised individually as well as in bulk.
• Located justwest of the Cleveland National forest, we appraised the MacPherson Property for
the consideration of acquisition possibilities related to an open -space conservation program.
The 202.78± acre site is located north of Silverado Canyon Road, Just east of Santiago Canyon.
• The Saddleback Meadows property represents 222± acres of rugged terrain In the Trabuco
Canyon area of southeastern Orange County. A potential buyer of the property was
considering an open space conservation use forthe site,
• The Saddleback Valley Christian School site consists of 52±acres located in the City of San Juan
Capistrano, just west of Interstate S.
• Review work for OCTA:
• 1.5 WOV Improvement Project: Ongoing review work of approximately 10 appraisals related to
the widening of the 1-5 NOV.
Lakeview Grade Separation Project: Review of approximately 28 appraisals, some of which
involved dual appraisal of complex part -take assignments.
bfinestone@irr,com — 818.290.5455 19
John G. Ellis MAI CRE FRICS Integra Realty Resources
1 I Los Angeles
Experience 16030
Suite 620nkura Boulevard
Mr. Ellis, the Senior Managing Director of INTEGRA REALTY RESOURCES —LOS ANGELES, has provided Encino, CA 91436-4473
real estate valuation and consulting services in Southern California for over 35 years. He has
completed a wide range of studies including market value appraisals,. analysis of potential damages T 818.290.5400
and enhancements (from .both Internal and external influences), market demand, feasibility, F818.290,5401
Investment analysis, assessment allocation, reuse analysis, minority Interest studies, and the valuation
of leasehold, leased fee, and possessory Interests. He has also appraised partial interests in real estate www.irreom/losangeles
and in limited partnerships and holding companies that own real estate, in addition, Mr. Ellis, a. past
president of the Southern California Chapter of the Appraisal Institute(SCCAI) with more. than 20
years of volunteer service to SCCAI, is a published author on appraisal topics. He has given expert
testimony In federal and superior .courts on more than two dozen occasions. He also provides
appraisal reviews and consultation services when needed, and is an experienced arbitrator. Mr, Ellis
serves a client base that includes .lending Institutions, public agencies, Corporate and individual
property owners, and the legal profession.
He has appraised office buildings (including medical office buildings), shopping centers, industrial
buildings, apartment and condominium complexes (Including affordable housing projects),
subdivisions, mobile home parks, hotels, motels, restaurants, healthcare properties, religious
facilities, bowling alleys, golfcourses, auto dealerships, gas stations, carwashes, motion picture and
performing arts theaters, cold storage and food processing facilities, :parking structures, transit -
oriented development projects, shipping terminals and other types of waterfront property, industrial,
commercial and residential acreage, agricultural land, mountainous and hillside acreage,: utility and
transportation corridors (in fee and as easements), designated open space, and single-family
residences including beachfront homes and major estates.
Mr. Ellis started his career in real estate analysis and valuation In 1980 with the Los Angeles -based
property economics firm of Lea Associates, Inc. He founded the firm of Ellis Group in 1996, which
became INTEGRA REALTY RESOURCES -LOS ANGELES in 1999.
Professional Activities
Member: Appraisal Institute (MAI No. 7337)
(Over 20 years of volunteer work on boards and committees of the Appraisal
Institute;. past president of the Southern California Chapter of the Appraisal
Institute; recognized as "Volunteer of Distinction' for Region Vil In 2013)
.Member: The Counselors of Real Estate (CRE No,'11254)
Fellow: .Royal Institution of Chartered Surveyors (FRICS No. 1250862)
Member: International Right of Way Association
Licensed: California Certified General Real Estate Appraiser No. AGO07279
Licensed: California Real Estate Broker No. 01213329
Expert Testimony
Mr. Ellis is qualified as an expert. witness in real estate valuation matters and has testified before:
• Superior Courts within the California counties of Los Angeles, Orange, Riverside, San Bernardino,
Ventura, Kern, and Imperial; and within the Third Judicial District of Alaska
• United States District Court
• United States Bankruptcy Courts: Central, Northern, and Southern Districts of California
• Tax Appeal Boards: Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Contra Costa
counties
• Arbitration testimony at hearings in Los Angeles, Orange, San Diego, and Sacramento counties
• Rent Control Boards: cities of Santa Monica, West Hollywood, and Carson (MRRB)
He has also been appointed by the Superior Court of Los Angeles County on several occasions to assist.
in reconciling the disparate opinions of opposing, privately retained valuation experts.
jellis@irr.com—818.290,5444 Page 1 of 4
John G. Ellis MAI CRE FRICS
Integra Realty Resources
J I 1
Las Angeles
Education
16030 Ventura Boulevard
Suite 620
B.A., Business/Economics, University of California, Los Angeles (1981)
Encino,. CA 91436-4473
Mr. Ellis Is currently certified by the Appraisal Institute's program of continuing education for Its
designated members. He successfully completed the following courses and other requirements of the
T 818.290.5400
MAI designation through the Appraisal Institute and American Institute. of Real Estate Appraisers:
F818.290.5401
• Comprehensive Examination Report Wrltingand Valuation
www,irr.com/losangeles
• Income Property Demonstration Report Analysis
• Real Estate Investment Analysis • Basic Valuation Procedures
• Case Studies in Real Estate Valuation • Real Estate Appraisal
• Capitalization Theory and Techniques, Parts Principles
1, II, Ill
• Standards of Professional Practice
He has attended (and In some casesparticipated in) the following courses, seminars, workshops:
• Litigation Seminar (Appraisal Institute, 2017, 2016, 2014, 2013, 2012, 2011, 2010, 2009,
2008, 2006, 2005, 2004, 2003, 2001, 1999)
• Eminent Domain -l9'h Annual Conference (CLE International,: 2017)
• Eminent Domain Seminar (Nossaman LLP, 2017, 2016)
• Inland Empire Market Trends Seminar (Appraisal Institute, 2018, 2017, 2015, 2014, 2005,
2000)
• Annual Valuation Seminar (IRWA, 2017, 2016)
• IRS Valuation Summit (Appraisal Institute, 2018)
• Business Practices and Ethics (Appraisal Institute, 2017, 2012, 2007)
_._ • Global Cities in an Era of Change —Stanford Symposium (CRE/RICS, 2016)
• Fractional Interests (Appraisal Institute, 2012)
• Annual Summer Conference: Commercial Session (Appraisal Institute, 2015, 2011, 2010,
2009, 2008)
• Special Purpose Properties Seminar (Appraisal Institute, 2011, 2007, 2005)
• Historic and Notable Homes Tour in the San Gabriel Valley (Appraisal Institute; 2010)
• Mastering Cap Rates In Today's Market (Appraisal Institute, December2009)
• The Appralser's Role in Public Acquisitions (Appraisal Institute, February2009)
• Appraising Distressed Commercial Real Estate (November2008)
• Private Developers Going Public. -Is This a Trend? (January 2008)
• Public Real Estate Education Symposium (IRWA; 2007)
• Uniform Appraisal Standards for Federal Land Acquisitions (Appraisal Institute, 2006)
• Contemporary Approaches to Land Valuation (Appraisal Institute, 2005)
• Operating Expense Seminar (Appraisal Institute, 2005)
• Real Estate Outlook (CSUN Center for Real Estate, 2005)
• Case Studies in Limited Partnership and Common Tenancy Valuation (Appraisal Institute,
2004)
• Market Trends in Ventura and Santa Barbara Counties (Appraisal Institute, 2003)
• Market Rent, Lease Revaluation and leasehold Interests (Appraisal Institute, 2001)
• Real Estate Capital Markets Symposium (Appraisal Institute, 2001)
• Charitable Gift Giving In Real Estate (Appraisal Institute, 2001)
•. Past and Present Building and Land Values Along Ventura Boulevard (Appraisal Institute,
2000)
• Southern California Market Trends Seminar (Appraisal Institute)
• The Entitlement Process (Appraisal Institute)
• Analysis of Retail Properties (Appraisal Institute)
• Appraisal of Residential Subdivisions (Appraisal Institute)
• California Real Estate Law (UCLA)
• Construction Cost Analysis (Appraisal Institute)
• Valuation of Minority Interests (Appraisal Institute)
• Financing for Real Estate Projects (Appraisal Institute)
• Impact of Detrimental Conditions (Appraisal Institute)
cl
jellis@irc.com — 818.290.5444 Page 2 of 4
John G. Ellis,MAI CRE FRICS
Integra Realty Resources
P )
Los Angeles
Published Texts and Articles
16030 Ventura Boulevard
Suite 620
• "Lease Renewal -The Periodic Setting of Market Rent In a Long -Term Lease," In
Encino, CA 91436,4473
Applications in Litigation Valuation: A Pragmatist's Guide (Chicago: Appraisal Institute,
2012).
T 818.290,5400
• "Los Angeles Industrial Market Highlights," Western Real Estate Business, October 2008.
F 818,290.5401
• "Los Angeles Apartment Trends," Western Real Estate Business, November 2007,
• "Can Downtown Support Another High -Rise?' Real Estate Southern California, March
www,irr.com/losangeles
2007,
• "The Special Nature of Property Tax Appraisals" (co-authored with Kathy Spletter and Cris
K. O'Neal[), institute for Professionals In Taxation, June 2006.
Seminar presentations and Speaking Engagements
• The Cost Approach and All That Jazz (IPT 42nd Annual Conference,. Vancouver, BC, June
2018)
• Real Estate Economic Trends (IRWA Chapter 67, Orange County, January 2018, January
2017, January 2016, January 2015, January 2014, January 2013, January 2012, September
2010)
• Chairman/Moderator of the Annual Litigation Seminar of the Southern California Chapter
oftheAppraisal Institute (2017, 2013, 2005, and 1999)
• Building a Base for Value: Opinions and Testimony Supported by Multiple. Experts (SCCAI,
50'hAnnual Litigation Seminar, Arcadia, November9, 2017)
• The Project Influence Rule (No5saman LLP 2017 Eminent Domain Seminar, March 2, 2017)
• Why the Project Design and Plans Matter (CLE International Eminent Domain Conference,
February"10, 2017)
• Expanding the Subway in the CBD: Valuation. Issues (IRWA Chapter 1, Annual Valuation
Seminar,April 26, 2016)
• Cap and discount Ratesfor Possessory Interest and Other Special Situations (20161AA0-LA
Spring Appraisal Seminar, April 13, 2016)
• Inland Empire Market Trends Chapter 57, January 2015, February 2012)
-• Subdivision Analysis in Southern California: Methodology and Discount Rates (SCCAI,
Subdivision Land Seminar, August 21, 2014)
• Examination of Appraisal Practices in Tax Appeal Hearings (SCCAI, 46'h Annual Litigation
Seminar, Los Angeles, November 15, 2013)
• Current Issues In Real Estate Appraisols (Lorman Education Services, live audio
conference, March 8, 2012)
• Real Estate Market Trends (SCCAI Market Trends Seminar, Los Angeles, January 24, 2013)
• Underwriting Sustainable Commercial Properties (2011 National Association of Realtors
Conference, November 12, 2011).
• Commercial Property Valuation Issues and Trends (2011 IAAO-LA Spring Appraisal
Seminar, April 6, 2011)
• The Assessment Appeals Process: Practical Perspectives (SCCAI, 43'd Annual Litigation
Seminar, November 17, 2010)
• Legal Issues In Appraisals:. What and When to Ask the Attorney (IRWA Right of Way and
the Law Seminar, June 22, 2010)
• Current Issues in the Economy and Residential and Commercial Real Estate (The Housing
Authority of the City of Los Angeles, May 24, 2010)
• Current Issues In the Economy, Commercial Real Estate, and Real Estate Appraisals (MCLE.
approved presentation, April 15, 2010)
• The Role of the Appraiser in Construction Defect Litigation (MCLE-approved presentations,
February 10 and March.4, 2010)
• Real Estate Values: Have We Nit Bottom Yet? (IRWA Chapter 1, Los Angeles, 2009 Annual
Fall Seminar, October 20,2009)
• Impact of Use Restrictions in Market Value and Market Rent Appraisals (SCCAI, Special
Purpose Properties Seminar, October 20, 2009)
• Rent Re -Setting Via Litigation (Integra Academy, September 14, 2009)
~r�t�i
jelils@irr.com-818.290.5444 Page 3 of 4
i!
Jahn G. Ellis, MAI, CRE, FRICS
• Industrial Property Trends: Los Angeles County and the Inland Empire (SCCAI, 151h Annual
Summer Conference, July 16, 2009)
• Current Issues in the Economy; Commercial Real Estate, and Real Estate Appraisals
(District 7 of California Department of Transportation, March 18, 2009)
• Industrial Property Trends: Los Angeles County and the Inland Empire (SCCAI, 14'h Annual
Summer Conference, July 31,. 2008)
• California School Districts' Property and Acquisition and Disposition Update (IRWA
Chapter 1,.Annual Valuation Conference, April 22, 2008)
• A Market in Flux: Los Angeles and Orange Counties Retail Properties (Urban Land Institute
Conference, Reinventing Retail, February 14, 2008)
• California Property in a Global Economy (Global Property Valuation Excellence, Appraisal
Institute/RICS:Americas Joint Valuation Conference, September 25, 2007)
• Considering the Contributory Value of interim Use Improvements (SCCAI, Special Purpose
Properties Seminar, May 25, 2007)
• Partial Takings in Multi -Property Appraisal Assignments (IRWA Chapter 1, Annual
Valuation Conference, April 26, 2005)
• Appraiser's Role in Redevelopment (Appraisal Institute, 1998)
• Deposition and Cross -Examination Skills (IRWA, April 1997)
• Entertainment Properties (Moderator, 1997)
• land Valuation In Southern. California (SCCAI, 1996)
jellis@irr.com—818.290.5444 Page 4 of 4
Integra Realty Resources
Cos Angeles
16030 Ventura Boulevard
Suite 620
Encino, CA 91486-4473
T 818.290.5400
F 818.290.5401
www,irr.com/losangeles
Robert M. Lea, MAI LosIntegra
An elaslty Resources
16030 Ventura Boulevard
Experience Suite 620
Robert M. Lea, MAI, Director, has been working in the field of real estate appraisal, analysis, and Encino, CA 91436-"73
consulting for many years.. His work covers a broad range of appraisal and consulting assignments,
litigation support, and expert testimony. He has taught, published and lectured In the appraisal field. T 818.290.5400
Mr. Lea founded Lea Associates in 1976 and operated the company through 2017, at which time he F 81&290.5401
joined INTEGRA REALTY RESOURCES - LOS ANGELES as a principal, His largest client groups Include wwWrr.com/losangeles
law firms, public agencies, corporate clients, lenders, and developers.
Mr. Lea has had the opportunity to work in financial appraisal, consulting, and eminent domain
valuation and testimony since the beginning of his career and has appraised hundreds of properties in
city center redevelopment projects as well as full and partial takings for right-of-way assignments
which range from street widenings to freeway acquisitions to subterranean tunnel easements for
subways. Mr. Lea frequently is retained in arbitration proceedings either as an appraiser or arbitrator.
This provides Mr. Lea with the experience and qualifications to instruct real estate appraisers and to
provide special focus on market analysis, appraisal procedures, valuation, and reporting.
Professional Activities
Member; Appraisal Institute (MAI No. 111368)
(Over a period of more than 20 years, Mr, Lea provided volunteer service to the
.Appraisal Institute at the local, regional, and national levels. In 1994 Mr. Lea
served as President of the Southern California Chapter of the Appraisal Institute
and in 2000-2002 served as a member of the General Appraiser Council, the
body .responsible for setting qualifications .requirements for the MAI
designation.)
Associate Member: Urban Land Institute
Licensed: California Certified General Real Estate Appraiser No. AG003090
Expert Testimony
Mr. Lea Is qualified as an expert witness in real estate valuation matters and has testified before: -- - - -
• Superior Court, Los Angeles County
• Superior Court, Orange County
• Superior Court, Riverside County
• Superior Court, San Bernardino County
• Superior Court, San Diego County
• Superior Court, Ventura County
• United States Bankruptcy Court, Central District of California
• United States District Court, Central District of California
• United States Tax Court
• United States Court of Federal Claims
Education
8.5„ Business Administration with specializations In Real Estate and Finance, University of California,
Los Angeles
Continuing study toward M.B.A., University of Southern California, Graduate School of Business
Administration
Mr. Lea has continuously participated in classes and seminars in pertinent study areas.
Published Texts and Articles
• "Subway Tunnel Easements in Metropolitan Areas," The Approisa/Journal, April 1994.
• "You and the Real Estate Appraiser," Compensoble Business Loss Review, a publication of
Desmond & Marcella, Inc., 1989.
• "Meeting the Experience Requirements," Candidate Guidance Programs, American
Institute of Real Estate Appraisers, 1987. ■
rlea@Irr.com - 818.290,5427
Robert M. Lea MAI Integra Realty Resources
1 Los Angeles
Seminar Presentations and Speaking Engagements 16030 Ventura Boulevard
Suite 620
Mr. Lea has been Invited to speak by many organizations for over 20 years. Below are some of the Encfno,CA 91436-4473
recent engagements.
• A Case Study., Severance Damage Issues in Grade Separation. Projects (SCCAI 47th Annual T81&290.5400
Litigation Seminar, November 13, 2014) F818.290,5401
• Pitfalls to Possession: The Appraisal, Offer, Negotiation, and Impasse v..-Resolution Process
(IRWA Chapter 57, November 2, 2012) www,irr.com/losangeles
• Conflicting Mandates & Instructions Between USPAP,. Yellow Book & Caltrons Appraisal
Guidelines (IRWA Chapter i Annual Valuation Seminar, April 26-27, 2012)
• Legal Issues of Grade Separation Projects (IRWA Chapter 1 Annual Valuation Seminar,
April 26-27, 2011)
• The Effective Witness, Best Practices (SCCAI 43,d Annual Litigation Seminar, November 17,
2010)
Representative Appraisal Assignments
Recent assignments have Included the following:
• The valuation of over 100 properties, primarily partial acquisitions, to accommodate the
construction of an electric power transmission. line.
• Consulting assignment to provide Insights Into some of the Issues that faced our client, the Don
Bosco Technical Institute and whether its Board should pursue the concept of sale of portions of
their property. Our report contained two major divisions; the division of the property and
marketing and sale Issues.
• A study concerning assessments versus market trends in the West Contra Costa Unified School
District (WCCUSD) and City of Concord areas. We were provided Assessor's data for parcels within
the WCCUSD area and the City of Concord for the 2009/2010 to 2013/2014 years (five years). Our
task was to design and carry out a study to measure changes in the assessed values for various
property types receiving assessment reductions against changes in price levels in the marketplace
overthe same period, analyzethe results and report to our client.
• Received an assignment and provided an appraisal for acquisition purposes of a 2,500•acre fully
entitled solar power generating site near Mojave, California. A 250-megawatt PV solar project was
contemplated for the site.
• Lea Associates was retained by the lessees/homeowners of approximately 50 sites on the
beachfront in Ventura County. The analysis required market value opinions forthe home sites,. as
well as market rent estimates for rent resetting under the terms of a long-term ground lease.
Testimony in arbitration followed,
• An assignment to provide the valuation for a private pipeline easement to be acquired from an
Arizona municipality. The appraisal In this case was utilized in negotiations relative to an existing
petroleum product pipeline,
Li
rlea@irr.com — 818,290.5427
Adam M. Bogorad, MAC LosIntegra
An ele$Ity Resources
16030 Ventura Boulevard
Experience Suite 620
Mr.. Bogorad, Director, joined INTEGRA REALTY RESOURCES — LOS ANGELES in January 2008 and has Encino, CA 91436.4473
been a licensed real estate appraiser since 2005. His past work Includes the completion of appraisals
for a wide variety of property types, Including major commercial, Industrial, office, multi -residential T 818.290.5400
projects, and special -use properties. He has worked on many high -profile right-of-way projects, F818.290.5401
Including the California High Speed Rail project, the Los Angeles Metro Expo Line expansion, and the
Redondo Beach King Harbor revitalization, among many others. His work also encompasses litigation www.irr.com/lDsangetes
support related to potential value diminution, eminent domain, and other Issues. Prior experience in
the financial services industry offers Mr. Bogorad an Insight Into economic factors that impact the real
estate markets. Mr. Bogorad has qualified as an expert witness In the Superior Court of California and
has testified during trial. In 2015 Mr. Bogorad was invited to be a guest presenter at the International
Right of Way Association (IRWA) Annual Education Conference in San Diego, In 2017 Mr. Bogorad was
nominated as a member of the Education Subcommittee for the Southern California Chapter of the
Appraisal Institute.
Professional Activities
Member: Appraisal Institute (MAI No. 479923)
Licensed; California Certified General Real Estate Appraiser No. AGO38741
Licensed: California Real Estate Salesperson. No.. 01423238
Accredited: Provider of Continuing Legal Education (CLE) (The State Bar of California)
Designated: Expert Witness In the SuperlorCourt of California
Education
B.A., Communications (with emphasis in Business/Economics), University of California, Santa Barbara
Successful completion of the following courses and seminars:
• Advanced Applications (Appraisal Institute)
• Advanced Income Capitalization (Appraisal Institute)
• Advanced Residential Applications and Case Studies (McKissock)
• Advanced Sales Comparison. and Cost Approach(Appraisal Institute)
• .Appraisal Principles (Allied)
• Appraisal Procedures (Allied)
• General Appraiser Income Approach(Appraisal Institute)
• General Appraiser Report Writing and Case Studies (Appraisal Institute)
• General Market Analysis and Highest and Best Use (Appraisal Institute).
• National USPAP Course (Allied)
• Real Estate Agency (Premier)
• Real Estate Appraisal Principles (Allied)
• Real Estate Appraisal Procedures (Allied)
• Real Estate Ethics (Premier)
• Real Estate Fair Housing (Premier)
• Real Estate Finance (CaliforniaLicense.com)
• Real Estate Law (Dynasty)
• Real Estate Practice (Callfornialicense.com)
• Real Estate Principles (California License.com)
• Real Estate Trust Fund Handling (Premier)
• Residential Appraiser Site Valuation. and Cost Approach (McKissock)
• Residential Market Analysis and Highest and Best Use (McKissock)
• Residential Report Writing and Case Studies (McKissock)
• Residential Sales Comparison and Income Approaches (McKissock)
• Risk Management (Dynasty)
• Statistics, Modeling, and Finance (McKissock)
r/r �•
■R lay
abogorad@irr.com — 818.290.5415
Adam M. Bogorad, IY AI Integra
sAngelesRealty Resources
16030 Ventura Boulevard
Representative Appraisal Assignments suite 620
c California High Speed Rail: Completed appraisals of full acquisitions and partial acquisitions Cnclno,. CA 91436-4473
(with severance and mitigation damage studies) for various property types Including
agricultural, commercial, Industrial, residential,railroad corridors, and other special purpose T818390.5400
property appraise Is, throughout She Central Valley in California. P 818.290.5401
• 1.5 Widening, Mission Viejo: Completed appraisals for various property types, including
commercial, residential, industrial, and special purpose, prepared directly for Caltrans,. www.irr.com/losangeles
1.405 Widening, Westminster: Completed appraisals for various property types, Including
parcels within the Westminster Mall for the freeway widening project, with OCTA as the
client.
• City of Riverside Metroiink Station: Completed appraisals of residential and Industrial
properties for the purpose of expanding a Metrolink station In the City of Riverside.
• Metropolitan Transportation Authority of the County of Los Angeles — Purple Line
Corridor: Completed appraisals for hotel properties in Beverly Hills being Impacted by the
proposed subterranean Purple Line Metro corridor.
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abogorad@irr.com—818.290.5418
William Larsen, SR/WA
aitY Resources
Los
Angeles
Experience
16030 Ventura Boulevard
suite 620
Mr. Larsen, Director, has been actively engaged in commercial real estate valuation since 1985 and
Encino, CA 91436�"73
has been with INTEGRA REALTY RESOURCES— LOS ANGELES since 2001. He has substantial experience
completing appraisals and related valuation studies for use in eminent domain, assessment appeal,
T 818.290.5400
litigation, audit, purchase price allocation,. and Investment decisions. He has appraised all major
F818,290.5401
property types and has completed appraisal assignments In over 15 states. Special studies have
addressed complex land valuation issues,. leasehold/leased fee allocations, analysis of historic
www.Irr.com/lasangeles
properties, value diminution from seismic and/or environmental conditions, the valuation of
billboards and their underlying ground leases, and the analysis of possessory Interests.
Major right-of-way assignments have Included acquisition appraisals for freeway widening, grade
separation, utility system upgrade and expansion, and transit station development. These
assignments have Included the analysis of full fee takings and partial acquisitions. Partial acquisitions
have Included temporary construction easements and various types of permanent surface, subsurface
and aerial easements. Valuations of partial acquisitions included consideration of severance damages
and project benefits.
Mr.. Larsen has participated in the portfolio valuatlons for corporate acquisition and loan loss reserve
purposes, Including an analysis done for $5,2 billion acquisition of a Los Angeles -based insurance
company.
Mr, Larsen was a Director of I"Ine•based Institutional Property Valuation, providing condemnation
appraisal and litigation support services to a public agency clientele from 1995 to -2001. previously,
Mr. Larsen was with Farmers Insurance Group as a Real Estate Investment Manager and commercial
property appraiser from 1987 to 1995, He Is a Senior Right of Way Professional (SR/WA) with the
International Right of Way Association (IRWA),
Professional Activities
Licensed: California Certified General Real Estate Appraiser No, AGO14297
Registered: Environmental Assessor, 1996-2001, State of California Environmental
Protection Agency
Member: Chair of IRWA Annual Valuation Committee 2017-2018 and 2008-2013, Co -Chair
2014-2016; Chapter 1 President 2010, Chapter I Professional of the Year 2015,
IRWA. International Director 2009-2011, Chapter 1 Board Member 2004-2018,
Member of International Transportation Committee
Practicing Affiliate: Appraisal Institute
Speaker: Acquisition Appraisal of Large Multi -Property Projects, IRWA Chapter 1 Valuation
Seminar
Speaker: Historic Theaters, Appraisal of Special Purpose Properties Seminar, Southern
California Chapter of the Appraisal Institute
Speaker: Financial Criteria In Public Sector MSW Site Acquisition, California State
University, Fullerton, Department of Environmental Sciences
Speaker: Case Study; CERCIA Cost Recovery Action, UCLA Department of Engineering,
Environmental Sciences
Education
M.B.A., Finance, University of California, Los Angeles
B,A.., Liberal Arts, State University of New York, Albany
Environmental Sciences Program, Department of Engineering, Environmental Sciences Division,
University of California, Los Angeles Extension
Mr. Larsen has successfully completed the following Appraisal Institute and IRWA courses and/or
exams:
• Condemnation Appraising: Advanced Topics and Applications(Appraisal Institute)
• Uniform Standards of Federal Land Acquisition/Yellow Book (Appraisal Institute)
w
a The Appraisal of Partial Acquisitions (IRWA)
es
wlarsen@irr.com—81B.290.542fi
William Larsen, SR/WA Integra
o ArB eehs5ty Resources
• Problems In the Valuation of Partial Acquisitions (IRWA)
16030 Ventura Boulevard
• Easement Valuation (IRWA)
5uite 620
• Legal Aspects of Easements (IRWA)
Encino, CA 0143E-4473
• Reviewing Appraisals in Eminent Domain {IRWA)
• Eminent Domain Law Basics (IRWA)
T818.290.5400
• MAI Comprehensive Examination
F $18.290.5401
• Highest and Best Use and Market Analysis (Appraisal Institute)
• Advanced Sales Comparison and Cost Approaches (Appraisal Institute)
www1mcom(losangeles
• Appraising from Blueprints and Specifications (Appraisal Institute)
• Real Estate Appraisal Principles (Appraisal Institute)
• Basic Valuation Procedures (Appraisal Institute)
• Capitalization Theory and Techniques, Parts A& B(Appraisal Institute)
• Case Studies in Real Estate Valuation (Appraisal Institute)
• Report Writing and Valuation Analysis (Appraisal Institute)
• Standards of Professional Practice, Parts A, B & C (Appraisal Institute)
• Federal and State Laws and Regulations (Appraisal Institute)
• Principles of Land Acquisition (IRWA)
• Principles of Real Estate Engineering (IRWA)
• Engineering Plan. Development and Application (IRWA)
He has attended the following seminars and workshops;
• Legislative and Judicial Update (Joint IRWA/Appraisal. Institute)
• Surveying 101, Parts I and 2 (IRWA)
• Reviewing Surveys and Descriptions (IRWA)
• Wireless and Right of Way (IRWA)
• Annual Valuation Seminar (IRWA Chapter 1, 2003-2014)
• Valuation Issues In Eminent Domain in the Current Market (Appraisal Institute)
• ABC's of Direct and Inverse Condemnation (Appraisal Institute)
• Eminent Domain Year in Review (Appraisal Institute)
• Uniform Standards of Professional Appraisal Practice Update
• Litigation Seminar(Appraisal Institute)
• Contemporary Approaches to Land Valuation (Appraisal Institute)
• Appraisal of Entitled and Unentltled Land (Appraisal Institute)
• Environmental Issues In Land Valuation (Appraisal Institute)
• Appraising Special Purpose Properties (Appraisal Institute)
• Impact of Detrimental Conditions (Appraisal Institute)
• Transportation Innovations In Southern California (Appraisal Institute)
Expert Testimony
Testified extensively on real estate valuation issues in depositions associated with cases scheduled to
be heard In Los Angeles County Superior Court, United States District Court, Central District; and
United State Bankruptcy Court, Central District,
Representative Appraisal Assignments
• Project Manager In valuation of partial interests to be taken from 16 industrial properties, Los
Angeles River Ecosystem Restoration Project.
• Project Manager In valuation of ten acquisition parcels for South Milliken Avenue Grade
Separation Project, Ontario. Interests appraised included full and partial takings.
• Project Manager in valuation of multiple excess land parcels resulting from widening of Santa Ana
Freeway (Interstate 5) in Buena Park.
• Project Manager in valuation of multiple acquisition parcels for widening of San Diego Freeway
(Interstate 405) in Brentwood, Los Angeles County, Interests appraised included permanent partial
takings and aerial, footing, and temporary construction easements. Properties subject to takings
Included a hotel, office building, industrial building, special purpose property, multi -family
residential building, and entitled multkfamlly, residential development site.
wiarsen@Jirr.com—818.290.5428
William Larsen, SR/WA
Integra Realty Resources
Los Angeles
• Project Manager in valuation of 52 acquisition parcels for Valley Boulevard Grade Separation
16030 Ventura Boulevard
Project, Los Angeles. Appraisals Included six fee simple and 46 partial takings. Properties subject to
Suite 620
partial takings included an active railroad corridor and industrial, retail, and residential properties,
Encino, CA 91436-4473
• Project Manager in valuation of acquisition parcels for Expo Rail transit station sites located In Los
Angeles, West Los Angeles, and Santa Monica.
T 818.290.5400
• Project Manager In valuation of acquisition parcels for LACMTA Regional Connector Transit
F818.290,5401
Project, Downtown Los Angeles; and Crenshaw/LAX Transit Corridor Project sites located In Los
Angeles and Westchester.
www3rcoom/losangeles
• Project Manager in valuation of 24 parcels for public utility easement acquisitions in downtown
Riverside. Interests appraised were permanent partial takings required for the replacement of
4,000-volt underground cables with higher capacity 12,000-volt systems.
• Project Manager in valuation of acquisition parcels for three Fontana USD proposed school sites:
high school no. 5 site, 43 properties; high school no. 5 alternate site, 35 properties; and middle
school no. 8 site, 34 properties,
• Valuation of parcels subject to temporary construction easements acquired in the seismic retrofit
of the historic Victoria Avenue Bridge, Riverside,
• Project Manager in valuation of distribution warehouses including Skechers operations center
located at 29800 Eucalyptus Avenue, Moreno Valley (1,837,272.square feet of rentablearea on
85-acre site), 13185 Napa Street, Fontana (830,000 square feet of rentable area), 3100 South
Milliken Avenue, Eastvale (759,260 square feet), and 4100 East Mission Boulevard, Ontario
(760,158 square feet)..
• Reuseappraisals of three parcels located In downtown Riverside. Parcels were valued subject to
redevelopment project area development restrictions,
• Valuation of 3,200-acre master -planned parcel of land characterized by gently to steeply sloping
topography In Unincorporated Riverside County, east of the City of Moreno Valley; valuation of
2,254-acre parcel Including the Moreno Highlands Specific Plan area, Moreno Valley; valuation of
1,564-acre parcel, Moreno Valley; valuation of 1,417-acre parcel of undeveloped mountainous
land, Malibu, and valuation of 663-acre parcel of undeveloped mountainous land, Beaumont.
• Appraisal of four motels and two retail properties for acquisition by a redevelopment. agency.
Subsequent to the client's acquisition of the properties, Mr. Larsen. appraised the cleared and
assembled site, which was intended for construction of three high-rise hotels —. Harbor Boulevard
hospitality corridor, Orange County.
• Valuation of a community shopping center in litigation associated with construction work
stoppage. Property was subject to 80+ tenant leases and contained 410,000 square feet of
leasable area on a 49-acre site — Murrieta Towne Center, Murrieta. Valuation of Festival Shopping
Center, a 204;000 square foot community center on a 20-acre site,: Moreno Valley.
• Valuation of 315,000-square-foot mixed -use property including a high-rise office building, five.
story parking structure, multiplex theater, and In -line retail space at the southwest corner of
Beach Boulevard and Warner Avenue, Huntington Beach.
• Valuation in litigation of office park containing 327,000 square feet of leasable area on a 14•acre
site — Corporate Center at Malibu Canyon/Malibu Canyon Business Park, Calabasas
• Valuation In litigation of residential properties. potentially impacted by slope failures in
Brentwood, South Pasadena, and San Juan Capistrano. Valuation in litigation of waterfront
residence Impacted by subsurface seawall deterioration, Huntington Beach.
• Valuation in construction defect litigation - residential property in Palos Verdes.
• Project Manager in valuation for acquisition of 147 ownerships in residential condominium
complex, Rialto.
• Valuation of Camino Real Chevrolet Dealership, Improved with 44,200 square feet of building area
on 3.63-acre site, Monterey Park. Valuation of El Monte Shopping Center including Longo Toyota
dealership, El Monte. Valuation of Center Acura dealership, Sherman Oaks.
• Appraisal of commercial and industrial properties located within proximity to Part of Los Angeles
to establish the market rate of return to be used as a basis to establish the rentals to be paid by
tenants entering Into leases at the Port of Los Angeles.
• Valuation for lease negotiation purposes of land to be leased by the State of California and City of
Santa Monica to a private beach club. The land is located seaward of the mean high tide line in
Santa Monica.
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wiarsen@irr.com — 818,290.5428
.
R aT1 J. DOI�bInS Integra Realty Resources
Y Los Angeles
16030 Ventura Boulevard
Experience Suite 620
Mr, Dobbins; Associate Director, has been with INTEGRA REALTY RESOURCES — LOS ANGELES since Encino, CA 91436,4473
2002. Property types which he has appraised Includeindustrial buildings, shopping centers, office
buildings, apartment buildings, proposed luxury high-rise condominium complexes, subdivisions; Ta18.29a5400
mobile home parks, hotels/motels, healthcare properties, funeral homes, gas stations, performing F 818.2905401
arts theaters, shipping terminals and other types of waterfront property, industrial, commercial and
residential acreage, agricultural land, mountainous and hillside acreage, utility and transportation www,irr.com/losangeles
corridors, and single4amily residences. Major assignments of special purpose properties include an
offshore marine terminal, a major airport parking facility, a former hospital campus designated as a
historic landmark, and a duty-free retail shopping outlet Immediately adjacent to the busiest
International land border crossing in the world,
He Is experienced in providing real estate appraisal, analysis, and research services for many federal,
state, county, and municipal agencies. Mr. Dobbins also provides valuation services to local and
national lenders, institutional Investors, corporations, law firms, and Individual property owners. He
has completed a wide range of specialized studies including value diminution (fromboth internal and
external influences), market demand, feasibility, severance damages, assessment allocation, adaptive
reuse analyses, and the valuation of partial Interests including leasehold, leased fee, possessory
Interests, and minority Interests..
Professional Activities
Licensed: California Certified General Real Estate Appraiser No. AG029385
Practicing Affiliate: Appraisal Institute, Southern California Chapter
Member: International Right of Way Association
Education
M.S., Counseling Psychology, California Lutheran University
B.A., History, California Lutheran University
Appraisal Institute Courses Completed;
• Course 410-Uniform Standards of Professional Appraisal Practice, Part A
• Course 420— Business Practices and Ethics
• Course 510—Advanced Income Capitalization
• Course 520 Highest and Best Use and Market Analysis
• Course 530— Advanced Sales Comparison and Cost Approaches
• Course 540— Report Writing and Valuation Analysis
• Course 550— Advanced Applications
• Course 710—Condemnation Appraising: Principles and Applications
International Right of Way Association Courses Completed:
• Course 104— Standards of Practice for the Right of Way Professional
• Course 410—Reviewing Appraisals in Eminent Domain
• Course BOB— Principles of Real Estate Law
Other Courses and Seminars:
• Appraising the Appraisal: Appraisal Review (Appraisal Institute, 2012)
• Annual Litigation Seminar (Appraisal Institute, 2011, 2012, 2013, 2014, 2015)
• Appraising Distressed Commercial Real Estate (Appraisal Institute, 2008)
• Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book) (Appraisal Institute,
2007)
• Evaluating Commercial Construction (Appraisal Institute, 2007)
• Appraising Special Purpose Properties Seminar (Appraisal Institute, 2005)
• Contemporary Approaches to Land Seminar (Appraisal Institute, 2005)
• ARGUS Power User Training (Realm, 2004)
• Real Estate Finance (University of California, Los Angeles, 2003) cl
rdobbins@irr.com—818.290.5432
R an J. Dobbins Integra Realty Resources
Y Los Angeles
Representative Appraisal Assignments 16030 Ventura Boulevard
Suite 620
• Appraisal services for multiple federal border crossing expansion projects along the California Encino, CA 914.36-4473
border with Mexico. The most significant project included the appraisal of 19.014 acres of land
under nine ownership entities for the San Ysidm Border Station and Reconfiguration Project, The T 818.290,5400
purpose of the appraisal was for the acquisition of land and existing Improvements to expand the F818.290,5401
busiest international border crossing in the world, located between San Ysidro,. California, and
Tijuana, Mexico. www.irr.com/losongeles
• Appraisal. services related to an oil company which was negotiating a rental rate with the
California State Lands Commission (CSLC) for the leasing of an offshore marine terminal near El
Segundo, California, and a separate assignment used for negotiating a rental rate with the CSLC
for a long wharf in Richmond, California.
• Appraisal services for various entitles Involved in Tax Assessment Appeals, of particular interest is
the Hilton Glendale. The assignment Included the valuation of a full -service, 19-story, 351-guest
room hotel in Glendale, California. A key component of the assignment Included the
Identification of the fair market value of the going concern and the separation of business value
(or non-taxable elements). other tax assessment appeal assignments have included hospitals; a
major brewing facility; port terminals in Los Angeles, Long Beach, San Diego; and Richmond; a 1-
million-square-foot distribution warehouse; a luxury resort on the Palos Verdes Peninsula; and a
major coastal development site.
• Multiple residential subdivision appraisal assignments for lender clients, major national
developers, and as parts of national portfolios. One noteworthy assignment included the
appraisal of a detached, single-family residential estate development In Chatsworth,. California.
Approximately two-thirds of the development had been :constructed and the client was
Interested In determining If the remainder of the continuation of development was feasible In a
downturning residential market. The analysis included an In-depth market analysis, addressing
absorption rates, construction costs, and forecasting future home sale prices..
■
rr.
rdobbins@irr.com — 818.290.5432
Jerardo Arciniega
Integra Realty Resources
Los Angeles
Experience
16030 Ventura Boulevard
Suite 620
Mr..Arciniega, Senior Analyst, has been appraising real property since 2005. He is responsible for real
Encino, CA 91436-4473
estate analysis, data collection and studies Including Interviewing buyers, sellers, brokers and tenants
with regard to the details of transactions and market conditions, as well as report writing for narrative
T 818,290.5400
appraisal assignments concerning all major real estate categories. Property types which he has
F818,290.5401
appraised Include retail, office, and industrial buildings, apartments, single-family residences, mobile
home parks, gas stations, nurseries, renewable energy sites, self -storage facilities, and special purpose
www;irr.com/losangeles
properties. He has worked on many high -profile right-of-way projects, Including Los Angeles Metro
Purple Line expansion, the State Route-91 Corridor Improvement Project, among many others. His
work also encompasses litigation support related to potential value diminution, eminent domain, and
other Issues.
He has successfully appraised properties for various client groups such as public agencies (Los Angeles
Department of Water and Power, Metropolitan Water District, Metropolitan Transit Authority, cities
of Riverside, Culver City, and South Gate), flnancial Institutions,. law firms,. and individualproperty
owners. In addition, he has represented property owners in assessment appeal cases.
Professional Activities
Licensed: California Certified General Real Estate Appraiser No, AG042445
Candidate for Designation: Appraisal Institute, Southern California Chapter
Member: International Right of Way Association
Education
B.A., Economics (Cum Laude), California State University, Northridge
Continuous participation in classes and seminars in pertinent study areas.
Appraisal Institute courses completed:
• Appraisal Principles(110)
• Appraisal Procedures (120)
• Residential Market Analysis and Highest and Best Use(200)
• Statistics, Modeling, and Finance
• General Appraiser Income Approach (403G), Part I
• General Appraiser Income Approach (404G), Part II
• General Appraiser Sales Comparison Approach
• General Appraiser Site Valuation and Cost Approach
• General Appraiser Report Writing and Case Studies
• General Appraiser Market Analysis and Highest and Best Use
• Real Estate Finance Statistics and Valuation Modeling
• Advanced Concepts and Case Studies
• Advanced Income Capitalization
• Quantitative Analysis
• Advanced Market Analysis and Highest & Best Use
Representative Appraisal Assignments
• The valuation of three properties in Century City for the Los Angeles County Metropolitan
Transportation Authority. The assignments Included partial and full acquisition as part of the
Purple Line Subway Extension Project;
• The valuation of a single-family residence in Beverly Hills as part of an Assessment Appeal case.
Mr. Arciniega represented an out-of-state property owner at the hearing and the assessment of
the property was reduced by over thirty-five percent.
• The appraisal of an approximately 4,250-acre property Improved with a vehicle test track facility.
The assignment Included a highest and best use analysis, including the possibility of renewable
energy redevelopment;
• A valuation assignment of approximately 140 properties in the Mojave Desert for partial and full
acquisition.
i# r.
#
jarclniega@irr.com—818.290.5416
,,r CT Integra Realty Resources
Jerardo Arciniega Los Angeles
• Avaluation of 70 easements and partial takings In Burbank. The take areas primarily consisted of 16030 Ventura Boulevard
land under public rights -of -way, The Across -the -Fence valuation method was utilized. suite 620
• A valuation of 11 properties throughout Los Angeles County including highrrlse office buildings, Encino, CA 91436-4473
industrial bulldings, and a golf course, as part of an analysis of Proposition 8 Assessment
reductions. T 818.290,5400
• A valuation. assignment of 40 service stations throughout Los Angeles, Orange, Ventura and San F 818.290.5401
Bernardino counties,
• A valuation for the U.S. Department of Justice In a case Involving the acquisition of four sections www,irr.com/lasangeles
of land in Imperial County which was leased to the United States and used as part of a bombing
range.
• The valuation of the leasehold estate of three properties situated in Marina Del Rey. The analysis
Included researching rental rates and occupancy rates for boat slips and dry storage lots, as well
as sales and leases of restaurant, retail, and office space.
• Retention by CBRE for a case involving a 300,000-square-foot Industrial building located in the
Los Angeles westside area, The case involved a valuation as of three dates of value, Extensive
studies of highest and best use, probability of zoning change and valuation were required.
•s
jarciniega@irr,com—818.290.5426
Integra Realty Resources
Susan O. Gordon Los Angeles
Experience
16030 Ventura Boulevard
Suite 620
Ms. Gordon, Senior Analyst with INTEGRA REALTY RESOURCES — LOS ANGELES, has been appraising
Encino, CA91436-4473
real property since 2006. Her experience valuing diverse property types Includes vacant residential,
Industrial, and commercial land as well as utility corridors, agricultural land Including orchards,
T81&290.5400
Industrial buildings, retail storefronts, mini -malls and shopping centers, office buildings and business
F 818.290.5401
parks, affordable/subsidlzed residential apartment complexes, high-rise apartment buildings In mid -
construction, single-family residential estates, healthcare properties, gas stations, mortuaries, and
www,ifrxam/losanseles
other special purpose properties.
Ms. Gordon has successfully appraised properties for various client groups such as public agencies
(cities of Bell, Palmdale, Pasadena, Culver City, Riverside, County of Los Angeles, Metropolitan Transit
Authority, Department of Water and Power, Metropolitan Water District), utility providers, financial
Institutions, law firms, accountancy firms, corporations, and individual property owners.
Professional Activities
Licensed: California Certified General Real Estate Appraiser. No. AG040748
Practicing Affiliate: Appraisal Institute, Southern California Chapter
Education
B.A., Social Ecology/Pre-Law, University of California, Irvine (Dean's List)
State of California credit for completion of the following Appraisal Institute and other credentialed
courses and seminars:
• Eminent Domain and Condemnation (2016)
• General: Appraiser Report Writing and Case Studies (2015)
e Federal and State Laws and Regulations (2014)
• General Appraiser Market Analysis and Highest and Best Use (2014)
• 7-Hour National USPAP Course (2008, 2010, 2012, 2014, 2016)
• Appraising Complex Properties(2014)
• Case Studies in Appraising Green Residential Buildings (2015)
• Introduction to Green Buildings: Principles and Concepts(2015)
• General Appraiser Income Approach Parts 1 and 2(2015)
• General Appraiser Site Valuation and Cost Approach (2014)
• General Appraiser Sales Comparison Approach (2014)
• Real Estate Finance, Statistics and Valuation Modeling (2013)
• Litigation Seminar (2014)
• Residential Design & Functional Utility (2011)
• Business Practices and Ethics (2010)
• Residential Property Construction and Inspection (2009)
• The New Residential Market Conditions Form (2008)
• Appraiser Recruiterto the Stars(2007)
• Do You Know What to Look At and For in Property Observation? (2006)
• Low Income & Market -Rate Housing Considerations for Appraisers (2006)
• 15-Hour National USPAP Course (2005)
• Residential Market Analysis and Highest & Best Use (2005)
• Basil Appraisal Procedures (2005)
• Basic Appraisal Principles (2005)
Ll
sgordon@irr.com—818.290.5412
Integra Realty Resources
Aaron S. You Los Angeles
Experience
16030 Ventura Boulevard
suite 620
Mr. You, Senior Analyst, joined INTEGRA REALTY RESOURCES -- LDS ANGELES In 2013. He is a
Encino, CA 91436-4473
candidate for designation of the Appraisal Institute and has appraised Improved properties in all
major categories: office, retail, industrial, and multi -family residential,. as well as, single-family
7gi8.29o. 5400
residential and vacant land available for development.. Mr. You has successfully completed
p818.290540
assignments all over Southern and Central California for clients such as the County of Los Angeles,
Orange County Transportation Authority, City of Riverside, California High Speed Rail Authority,
www.irccom/losangeles
Southern California Edison, City of Inglewood, General Services Administration, and numerous
financial institutions. His recent appraisal Work for right-of-way related purposes includes assignments
for the 1-405 Improvement Project, Serrano Creek Water Line Replacement Project, Century
Boulevard Mobility Improvement Project, Riverside Transmission Reliability Project, and California
High Speed Rail Authority. Mr. You also brings an extensive experience in the real estate and financial
markets. His past work experience Includes working as an account executive for a wholesale lender
managing residential and commercial transactions. Previously, Mr. You served as a senior funding
analyst assisting clients with Investment allocations and funding strategies of corporate assets. This
experience In both the real estate and financial services Industries provides him with expansive Insight
Into economic factors that Impact the real estate markets.
Professional Activities
Licensed: California Certified General Real Estate Appraiser License No. 3003817
Candidate for
Designation Appraisal Institute, Southern California Chapter
Licensed: FINRA Investment Company Products/Variable Contracts Representative Series 6
(CRD #: 5564662)
Licensed: FINRA Uniform Securities Agent Series 63 (CRD #: 5564662)
Education
B.A., Psychology (Emphasis in Industrial Organizational Psychology), University of California, Riverside
Courses and Seminars Completed:.
• Advanced Concepts and Case Studies
• Basic Appraisal Principles
• Basic Appraisal Procedures
• Uniform Standards of Professional Appraisal Practice (USPAP)
• Appraisal Institute Business Practices and Ethics
• Real Estate Finance, Statistics, and Valuation Modeling
• General Appraiser Market Analysis and Highest & Best Use
• Advanced Market Analysis and Highest & Best Use
• General Appraiser Sales. Comparison Approach
• General Appraiser Site Valuation and Cost. Approach
General Appraiser Income Approach, Part
• General Appraiser Income Approach, Part 2
• General Appraiser Report Writing and Case Studies
io
ayou@lrr.com—818,290,5426
Richardson Integra Realty Resources
Thomas G. Los Angeles
Experience
1EG30 Ventura Boulevard
Suite 620
Mr. Richardson, Senior Analyst, began his career In real estate appraisal In 2012 and joined INTEGRA
Encino, CA 91436-4473
REALTY RESOURCES — LOS ANGELES in 2015. His responsibilities with the firm Include researching
property sale and lease transactions; interviewing buyers, sellers, investors, tenants, and brokers with
T 818.290.S400
regard to the details of those transactions;. analyzing and documenting economic and real estate
F 818.290,5401
market conditions; examining zoning, general plan, and other .land -use control documents as
applicable to appralsal assignments; and Incorporating the presentation of his research efforts in
www,irr:comllosangeles
appraisal reports.
In addition, his experience encompasses appraisal reports of multifamily residences, single and
multitenant commercial and Industrial properties, including shopping centers, office buildings,
warehouses, retail and industrial condominiums, mixed -use commercial and residential buildings,
religious facilities, and various categories of land, His appraisal work has also addressed the Impact to
property value caused byvarious internal and external influences.
His recent appraisal work for right -of -way -related purposes Includes assignments for the 1 405
Improvement Project, Culver -University Improvement Project, Regional Connector Transit Project,
Century Boulevard Mobility Improvement Project, Riverside Transmission Reliability Project,
Centennial Corridor Project, and California High -Speed Ball Authority.
Professional Activities
Licensed: California Certified General Real Estate Appraiser No. 3004940
Candidatefor Designation: Appraisal Institute, Southern California Chapter
Education
B.A., History,. University of California, Los Angeles
Completed the following courses and seminars:
• Advanced Concepts & Case Studies
• Basic Appraisal Principles
• Basic Appraisal Procedures
• Business Practices and Ethics
• Commercial Appraisal Review
• Expert Witness for Commercial Appraisers
• General Appraiser Income Approach, Part
• General Appraiser Income Approach, Part 11
• General Appraiser Market Analysis and Highest & Best Use
• Advanced Market Analysis and Highest & Best Use
• General Appraiser Report Writing and Case Studies
• General Appraiser Sales Comparison Approach
• General Appraiser Site Valuation and Cost Approach
• Real Estate Finance, Statistics;. and Valuation Modeling
• Uniform Standards of Professional Appraisal Practice
r
trichardson@irr.com—818,290,5408 �rr�
Response to RFP No. 18-082 for On -Cali Right of Way Property Appraisal Services
Certifications
Attachment 3-1: Non -Collusion Affidavit
Attachment 3-2: Non -Lobbying Certification
Attachment 3-3: Non -Discrimination Certification
0
Appendix
ATTACHMENT 3-1:HON-COLLUSION AFFIDAVIT
CERTIFICATIONS
NON-CQLT iTSION AFFD—AV1T
(Title 23 United States Code Section 112 and
Public Contract Code Section 7106)
To the CITY OF SANTA ANA DEPARTMENT OF PUBLIC WORKS
In accordance with Title 23 United States Code Section 112 and Public Contract Code 7106 the BIDDER declares
that the bird is not made in the interest of, or on behalf of, any undisclosed person, partnership, company, association,
organization, or corporation; that the bid is genuine and not collusive or sham; that the BIDDER has not directly or
indirectly induced or solicited any other BIDDER to put in a false or sham bid, and has not directly or indirectly
colluded, conspired, connived or agreed with any BIDDER or anyone else to put in a sham bid, or that anyone shall
refrain from bidding; that the BIDDER has not in any manner, directlyor indirectly, sought by agreement;
communication, or conference with anyone to fix the bid price of the BIDDER or any BIDDER, or to fix any
overhead, profit or cost element of the bid price, or of that of any other BIDDER, or to secure any advantage against
the public body awarding the contract of anyone interested in the proposed contract; that all statements contained in
the bid are true; and, further, that the BIDDER has not, directly or indirectly, submitted his or her bid price or any
breakdown thereof, or the contents thereof, or divulged information or data relative thereto, or paid, and will not pay,
any fee to any corporation, partnership, company association, organization, bid depository, or to any member or agent
thereof to effectuate a collusive or sham bid
Note: The above Non -collusion Affidavit is part of the Proposal. Signing this Proposal on the signature
portion thereof shall also constitute signature of this Non -collusion Affidavit. BIDDERS are cautioned that
making aalse certificsttM may subject the certifier to criminal prosecution.
Signed
State of California
County of_WS A4i0tg,{fs
Subscribed and sworn to (or affirmed) before me on this 5- day of QG�Y, 20l$, by
�n fly (3er x TneS , proved to me on the basis of satisfactory evidence to be the person(aj who appeared
before me. a
REBECCA Y KIM
NotaryPublic- California z
i ,-a Los Angeles County
Commission #2162878
M Camm.Ex IresAu 18,2020+
ry Publi gnature, Notary Public Seal
City of Santa Ana RFP
Page A3.1
Appendix
ATTACHMENT 3-2: NON -LOBBYING CERTIFICATION
CERTIFICATIONS
The prospective participant certifies, by signing and submitting this bid or proposal, to the best of his or her
knowledge and belief, that:
1. No federal appropriated funds have been paid or will be paid, by or on behalf of the undersigned, to
any person for influencing or attempting to influence an officer or employee of any federal agency, a
Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress
in connection with the awarding of any federal contract, the making of any federal grant, the making
of any federal loan, the entering into of any cooperative agreement, and the extension, continuation,
renewal, amcndmont, or modification of any federal contract, grant, loan, or cooperative agreement.
2. if any funds other than federal appropriated funds have been paid or will be paid to any person for
influencing or attempting to influence any officer or employee of any federal agency, a Member of
Congress, an officer or employee of Congress, or an employee of a Member of Congress in
connection with this federal contract, grant loan, loan or cooperative agreement, the undersigned
shall complete and submit a"Disclostue of Lobbying Activities".
This certification is a material representation of fact upon which reliance was placed when this transaction was made
or entered into. Submission of this certification is a prerequisite for making or entering into this transaction imposed
by Section 1352, Title 31, U. S. Code. Any person who fails to file the required certification shall be subject to a civil
penalty of not less than $10,000 and not more than $100,000 for each such failure.
The prospective participant also agrees by submitting his or her bid or proposal that he or she shall require that the
language of this certification be included in all lower tier subcontracts, which exceed $100,000 and that all such sub
recipients shall certify and disclose accordingly,
Resources -
Signed and Printed Name: Seth B. Finestone, MAI, AI•GRS, CRE, FRICS
Title Managing Director
Date October 4, 2018
City of Santa Ana RFP
Page A3-2
Appendix
ATTACHWNT 3-3: NON-DISCRIWNATION CERTIFICATION
CERTIFICATIONS
The undersigned consultant or corporate officer, during the performance of this contract, certifies as
follows:
The Consultant shall not discriminate against any employee or applicant for employment because of
race, color, religion, sex, or national origin. The Consultant shall take affirmative action to ensure
that applicants are employed, and that employees are treated during employment without, regard to
their race, color, religion, sex, or national origin. Such action shall include, but not be limited to, the
following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising;
layoff or termination; rates of pay or other forms of compensation; and selection for training,
including apprenticeship. The Consultant agrees to post in conspicuous places, available to
employees and applicants for employment, notices to be provided setting forth the provisions of this
nondiscrimination clause.
2. The Consultant shall, in all solicitations or advertisements for employees placed by or on behalf of
the Consultant, state that all qualified applicants will receive consideration for employment without
regard to race, color, religion, sex, or national origin.
3. The Consultant shall send to each labor union or representative of workers with which he/she has a
collective bargaining agreement or other contract or understanding, a notice to be provided advising
the said labor union or workers' representatives of the Consultant's commitments under this section,
and shall post copies of the notice in conspicuous places available to employees and applicants for
employment.
4, The Consultant shall comply with all provisions of Executive Order 11246 of September 24, 1965,
and of the rules, regulations, and relevant orders of the Secretary of Labor.
5. The Consultant shall furnish all information and reports required by Executive Order 11246 of
September 24, 1965, and by rules, regulations, and orders of the Secretary of Labor, or pursuant
thereto, and will permit access to his/her books, records, and accounts by the administering agency
and the Secretary of Labor for purposes of investigation, to ascertain compliance with such rules,
regulations, and orders,
6, In the event of the Consultant's noncompliance with the nondiscrimination clauses of this contract
or with any of the said rules, regulations, or orders, the contract may be canceled, terminated, or
suspended in whole or in part and the Consultant may be declared ineligible for further Government
contracts or federally assisted construction contracts in accordance with procedures authorized in
Execution Order 11246 of September 24, 1965, and such other sanctions may be imposed and
remedies invoked as provided in Executive Order 11246 of September 24, 1965, or by rule,
regulations, or order of the Secretary of Labor, or as otherwise provided by law.
7, The Consultant shall include the portion of the sentence immediately preceding paragraph (1) and
the provisions of paragraphs (1) through (7) in every subcontract or purchase order unless exempted
City of Santa Ana RFP
Page AM
by roles, regulations, or orders of the Secretary of Labor issued pursuant to Section 204 of Executive
Order 11246 of September 24, 1965, so that such provisions will be binding upon each subcontract
or purchase order as the administering agency may direct as means of enforcing such provisions,
including sanctions for noncompliance; provided, however, that in the event the Consultant becomes
involved in, or is threatened with, litigation with a sub -consultant or vendor as a result of such
direction by the administering agency, the Consultant may request that the United States enter into
such litigation to protect the interests of the United States.
8. Pursuant to California Labor Code Section 1735, as added by Chapter 643 Stats. 1939, and as
amended,
No discrimination shall be made in the employment of persons upon public works because of race,
religious creed, color, national origin, ancestry, physical handicaps, mental condition, marital status, or
sex of such persons, except as provided in Section 1420, and any consultant of public works violating
this Section is subject to all the penalties imposed for a violation of the Chapter.
Signed: &A.�!
Beth B. Finestone, MAI, AI-GRS, CRE, FRIES
Title. Managing Director
Firm: Integra Realty Resources - Los Angeles
Date: October4, 2018
—.
City of Santa Ana RFp
Page A3.4
Integra Realty Resources
Los Angeles
Response to RFP No. 18-082
On -Call Right of Way Property Appraisal Services
in the City of Santa Ana
FEE PROPOSAL
Prepared for:
City of Santa Ana
Attn: Kenny Nguyen
Public Works Agency
20 Civic Center Plaza, M36, Ross Annex
Santa Ana, CA 92701
October 4, 2018
Integra Realty Resources
Las Angeles
October 4, 2018
16030 Ventura Boulevard 1' 818.290.5400
Suite 620 F 818.290.5401
Encino, CA 91436-4473 www,irr.com
City of Santa Ana
Attn: Kenny Nguyen
Public Works Agency
20 Civic Center Plaza, M36, Ross Annex
Santa Ana, CA 92701
SUBJECT: Fee Proposal for On -Call Right of Way Property Appraisal Services
RFP No. 18.082
Dear Mr, Nguyen:
We are pleased to present our firm's fee proposal for On -Call Right of Way Property
Appraisal Services in the City of Santa Ana.
As requested, you will find enclosed our Schedule of Hourly Rates.
More specifically, we have enclosed a Fee Proposal for right of way acquisitions of
two specific properties within the City of Santa Ana with a breakdown of fees,
Thank you for the opportunity to submit this fee proposal in response to this request
for proposal for On -Call Right of Way Property Appraisal Services,
Sincerely,
Integra Realty Resources — Los Angeles
tA&VPL)
Beth B. Finestone, MAI, AI-GRS, FRICS, CRE
Managing Director
BBF/mt
Enclosures: as noted
Fee Proposal for RFP No. 18-082 for On -Call Right of Way Property Appraisal ServIces 1
1224 East Warner Avenue (Cherry Aerospace Part Take)
This represents an improved industrial property with frontage on East Warner Avenue. For
purposes of this cost proposal, we understand that the City wishes to acquire the fee simple
interest in a 10-foot strip of land, measured from the back of the sidewalk (side closest) to the
building. There is no mention of a temporary construction easement, which would likely be
required so that a new driveway could be poured to access the property in the after condition.
Ideally, this would be discussed prior to providing a fee quote. For purposes of this quote, we
are assuming that the City will provide a now driveway as a result of the Project. Further, based
on our research, the subject larger parcel consists of only APN 016-150-09.
Once the assignment is awarded to us, we would request a copy of the notice of decision to
appraise, that the City sent (sends) to the property owner so that we could send out an owner
notification letter and Invite the property owner to be present at the time of our Inspection. This
letter would be sent via regular mail and by certified mail (return receipt requested). We would
meet with the property owner to understand any concerns they have relative to the acquisition
Impacting their property and to answer any questions they may have relative to the appraisal
process. At the time of inspection; we would measure any impacted site improvements and
make note of any mitigation or cost -to -cure measures that may be required.
Based on the information available to us at this time, this is a relatively simple strip take, and we
do not foresee any permanent damages to the subject. As such, we propose to appraise the
larger parcel as land only, based on its highest and best use as vacant. This would involve a
sales comparison approach only. The concluded unit value for the land associated with the
larger parcel would be applied to the area of the acquisition to result in a value for the land
associated with the fee take. Please note that per California Eminent Domain Law, project
influence is not considered in valuing the subject in the before condition.
Next we would value the site Improvements in the acquisition area. Based on aerial
photographs, the impacted site improvements include paving, brick planter walls, grass and
shrubs (bushes), large mature trees, irrigation, and a building monument sign. Also visible from
photographs are water valves and aboveground meters (possibly hydrants) that may be part of
the building's fire suppression system. Also noted is a utility installment adjacent to the "Cherry
Aerospace" monument sign.
The valuation of the site Improvements would include consideration of the following:
• We would meet with the Project manager to determine which, if any, of the Improvements
will be replaced by the project, such as movement of utilities. Those Items that will be
covered as part of the Project will be mentioned in our appraisal; however, value will not be
awarded to those items.
• Items that will be removed, but do not require replacing in the after condition (such as
asphalt in the take area), are costed based on their depreciated replacement cost.
Landscaping items, while they may not be replaced, are not depreciated (trees, grass,
shrubs, etc.).
The value of the land associated with the strip take, added to the depreciated (when
appropriate) value of the site improvements is equal to the value of the parts acquired. Because
we have determined that there are no permanent damages to the subject, the value of the
remainder as part of the whole is equal to the value of the remainder in the after condition
before consideration of benefits. Next we would discuss benefits, if any, that can be quantified.
Under California law, benefits can only be used to offset damages, which are unlikely in this
case,
frn
Fee Proposal for RFP No. 98-082 for On -Call Right of Way Property Appraisal Services 2
The other Item of note that needs to be considered are any mitigation costs or costs to cure that
are required. In the case of the subject, it is noted that the property is fenced, with a guard
area. It is possible that if a new driveway is poured, there may not be enough stacking room for
automobiles to enter the property. If this is the case, we may need to consider the cost of
moving the fencing (gate) to allow for proper stacking of automobiles. This could potentially
Include relocating the tire puncture devices installed at the property. There Is also the possibility
that the existing monument sign would need to be moved. These costs would be included in
our appraisal as a mitigation cost or cost to cure. Our fee quote assumes that these issues can
be mitigated for without a negative impact to on -site parking or circulation,
The following is a summary of a final valuation table that would be included in the appraisal:
Value of the Larger Parcel as Land Only
Value of the Permanent Parts Acquired
Value of land associated with fee acquisition
Value of site improvements in acquisition area
Total Value of the Permanent Parts Acquired
Value of the Remainder as Part of the Whole
Value of the Remainder in the After Condition
Severance Damages
Project Benefits
Net Severance Damages
Total Value of Permanent Parts Acquired
Value of Temporary Property Rights
Value of TOE
Value of Land Component of TCE
Value of Site Improvements in TOE
Temporary Damages Associated with TOE
Total Value of Temporary Acquisitions
Cost to Cure/Mitigation Costs
Total Pair Market Value of Proposed Acquisitions (Including Damages & Mitigation
Costs)
Our fee to appraise the subject located at 1224 East Warner Avenue, as described above, is
$6,000; and our timing is six weeks from engagement and receipt of legal and plats relating to
the acquisition as well as receiving a copy of the notice of decision to appraise. Our appraisal
report would be prepared in accordance with USPAP, the Caltrans Right of Way Manual, and
the California Code of Civil Procedure.
0
Fee Proposal for RFP No. 18-082 for On -Call Right of Way Property Appraisal Services 3
2246 South Evergreen Street (Residential Full Take)
Upon award of this assignment we would request a copy of the notice of decision to appraise
sent out by the City and would then send out an owner notification letter, inviting the property
owner to be present for an inspection of their property. This letter would be sent via regular mall
and by certified mail (return receipt requested). We would schedule a time to meet the property
owner at the property and be available to answer any questions they have about the appraisal
process. We would ask them for any information they have that would be helpful In the
valuation process. Often property owners have strong sense of what their property Is worth,
and many have data that they want us to consider.
To develop an opinion of value for the subject as a full acquisition, we would value the property
to its highest and best use, as improved. In the case of the subject, this is likely, as improved to
a single-family residence (SFR). We would, however, confirm that the property is not worth
more as a redevelopment site. Assuming that the highest and best use Is for continued use as
an SFR, we would value the property using an improved sales comparison approach. Please
note that per California Eminent Domain Law, project influence is not considered in valuing the
subject.
The sales comparison approach would involve analyzing sales of comparable properties.
Factors of comparison that are important are conditions of sale, financing terms, market
conditions, location, access/exposure, land area, size of improvements, number of bedrooms
and bathrooms, quality and condition (age), and amenities such as landscaping, pool, etc,
Our appraisal will be prepared in conformity with USPAP, the Caltrans Right of Way Manual,
and the California Code of Civil Procedure.
Our fee to prepare this full acquisition appraisal is $3,500, and our timing Is four to six weeks
from engagement and receiving a copy of the notice of decision to appraise.
0
Schedule of Hourly Rates I Integra Realty Resources
LosAngeles
16030 Ventura Boulevard
Suite 620
Encino, CA 91436-4473
T 818.290,5400
F 818.290.5401
John 6, Ellis, MAI, CRE, FRIES:
$400 per hour for appraisal and consulting
(Senior Managing Director)
$500 per hour for trial preparation and expert testimony
www.irr.com/losangeles
Beth B. Finestone, MAI, AI-GRS, FRICS, CRE: $375 per hour for appraisal and consulting
(Managing Director)
$42.5 per hour for trial preparation and expert testimony
Robert M. Lea, MAI
$400 per hourfor appraisal and consulting
(Director)
$500 per hour for trial preparation and expert testimony
Adam M. Bogorad, MAI
$325 per hour for appraisal and consulting
(Director)
$350 per hour fortrial preparation and expert testimony
Other Directors/Senior Consultants:
$235to $265 per hour
Senior Analysts
$185 to$250 per hour
Analysts:
$140 to $185 per hour
Researchers:
$95 to $135 per hour
Administrative Staff:
$80 per hour
(For supplemental
documentation requests)
Policy Number: 601757268
Date Entered: 6 / 14 / 2 019
Ac"# " CERTIFICATE OF LIABILITY INSURANCE
DATE (MM DD YYYY)
Ilk�
6/14/2019
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED
REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.
If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on
this certificate does not confer rights to the certificate holder in lieu of such endorsement(s).
PRODUCER
CONTACT Cori Mann
NAME:
B.W. Baker Insurance Inc.
AICPHONE Ext: (310) 457-5092 (A po: (310) 457AK -6225
29169 Heathercliff #208
E-MAIL
Malibu, CA 90265
ADDRESS
INSURER(S) AFFORDING COVERAGE NAIC #
Farmers Insurance Exchange
INSURER A:
INSURED Integra Ellis Group Ellis Group Inc.
INSURER B: Farmers Insurance Exchange
INSURERC: Farmers Insurance Exchange
Lea Associates Inc
INSURER : Farmers Insurance Exchange
16030 Ventura Blvd., Suite 620
INSURER E:
Encino, CA 91436-2785
INSURER F:
COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD
INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
INSR
LTR
TYPE OF INSURANCE
INSD
WVD
POLICY NUMB ER
POLICYADDLISUBRI
MM/DDIYYYY
POLICYLIMITS
MWDD/Y YY
p,
COMMERCIAL GENERAL LIABILITY
CLAIMS -MADE ®OCCUR
Deduct $10,000
X
601757268
10/29/2018
10/29/2019
EACH OCCURRENCE
$ 1,000,000
PREMISES Ea occurrence
$ 75, 000
IVIED EXP(Any one person)
$ 5,000
Contractual
PERSONAL & ADV INJURY
$ 1,000,000
GEN'L AGGREGATE LIMIT APPLIES PER:
POLICY jE O- LOC
OTHER:
GENERAL AGGREGATE
$ 2, 000,000
PRODUCTS - COMP/OP AGG
$ 1,000, 000
$
B
AUTOMO BILE LIABILITY
ANYAUTO
OWNED SCHEDULED
AUTOS ONLY AUTOS
HIRED NON -OWNED
AUTOS ONLY AUTOS ONLY
X
601757268
10/29/2018
10/29/2019
Ea accident
$ 1,000,000
BODILY INJURY (Per person)
$
BODILY INJURY (Per accident)
$
MAGE
Par eer.IdeN
$
C
UMBRELLA LIAB
EXCESS LIAB
OCCUR
CLAIMS -MADE
X
605078431
10/29/2018
10/29/2019
EACH OCCURRENCE
$ 1,000,000
AGGREGATE
$ 1,000,000
DED I I RETENTION $
$ 1,000, 000
D
WORKERS COMPENSATION
AND EMPLOYERS' LIABILITY
ANY PROPRIETOR/PARTNER/EXECUTIVE Y/ N
OFFICER/MEMBER EXCLUDED? ly
(Mandatory In NH)
IF yes, descdbe under
DESCRIPTION OF OPERATIONS below
N/A
A09458634
8/13/2018
8/13/2019
STATUTE ER
E.L. EACH ACCIDENT
$ 1,000, 000
E.L. DISEASE - EA EMPLOYEE
$ 1,000, 000
E.L. DISEASE - POLICY LIMIT
$ 1,000,000
A
Bus. Pars. Property
X
601757268
10/29/2018
10/29/2019
rc/special
$251, 000
DESCRIPTION OF OPERATIONS / LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more space Is required)
30 day notice of cancellation/10 day notice of cancellation for non -pay.
Certificate holder and its affiliates are named as additional insured.
Location: 16030 Ventura Blvd., Suite 620, Encino, CA 91436 473. Evidoac O I
R I ED BY:
IiCR I Ir'IVMI r- r7VLLJGR t It 1 /I 1/ / 1 I ■ 1 vl vrv.vrrrr w..
City of Santa Ana I�
Risk Management Division fs ma Ogem't Dii ivfs Q SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN
20 Civic Center Plaza ACCORDANCE WITH THE POLICY PROVISIONS.
Santa Ana, CA 92702
AUTHORIZED REPRESENTATIVE
401
n 19RR-7015 ACORD CORPORATION. All riahts reserved.
ACORD 25 (2016/03)
The ACORD name and logo are registered marks of ACORD
Produced using Forms Boss Plus software. www_FormsBoss.com; Impressive Publishing, LLC 800-208-1977
POLICY NUMBER: 601757268 COMMERCIAL GENERAL LIABILITY
Integra Ellis Group / Ellis Group Inc.
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
ADDITIONAL INSURED- OWNERS, LESSORS OR
CONTRACTORS (FORM B)
This endorsement modifies insurance provide the following:
COMMERCIAL GENERAL LIABILITY COVERAGE PART
SCHEDULE
Name of Person or Organization:
City of Santa Ana
Risk Management Division
20 Civic Center Plaza
Santa Ana, CA 92702
(If no entry appears above, information required to complete this endorsement will be shown in the declarations as applicable to
this endorsement.)
WHO IS AN INSURED (Section II) is amended to include as an insured the person or organization shown in the schedule, but
only with respect to liability arising out of your completed operations performed for that insured.
Coverage provided to additional Insured's under this endorsement is primary and other insurance maintained by the additional
insured's is deemed to be excess and shall not contribute with this insurance.
Additional Insured Endorsement:
"City of Santa Ana, officers, agents, employees, and volunteers are named as additionally insured on
this policy pursuant to written contract, agreement, or memorandum of understanding. Such insurance
as is afforded by this policy shall be primary, and any insurance carried by City shall be excess and
noncontributory."
CG 20 10 11 85 Copyright, Insurance Services Offices, Inc., 1992