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Home My WebLink AboutCRE Consulting, LLC/ENG/$4,900/24-ENG-01 Appraisal for 136th Street and Ironwood ASAExhibitA ScopeofServices CRE CONSULTING, LLC PROJECT : 4255 Smoky Row Rd APPRAISAL SERVICES This Scope of Services ("Scope") combined with the attached agreement describe the relationship between CRE CONSLUTING, LLC ("Professional") and the City of Carmel, Indiana ("City") (collectively Parties"). This Scope hereby incorporates and includes the terms of the attached Agreement (the Terms") which describe and set forth the general legal terms governing the relationship between the Parties (collectively the "Agreement"). The Agreement will be effective when executed by both Parties. Professional shall provide general professional services, consisting of: One Real Estate Appraisal, relating to proposed valuation and acquisition needs for the real property located at 4255 Smoky Row Rd., Carmel, Indiana, in accordance with the terms and conditions contained in the Agreement and the attached Schedule of Fees provided by Professional tothe City which isfully incorporated herein. The City agreestocompensate Professional inthetotalamount not toexceed Four Thousand Nine Hundred Dollars ($4,900.00). When the City desires additional Services from Professional, including additional appraisal services and/or buyer'sagent services, the City shall notify Professional of such additional Services desired, as well as the time frame in which same are to beprovided. Only after the City has approved Professional' stime and costestimate for the provision of such additional Services, has encumbered sufficient monies to pay for same, and has authorized Professional, in writing, to provide such additional Services, shall such Services be provided by Professional tothe City. Acopy of the City'sauthorization documents for the purchase of additional Services shall be numbered and attached hereto in the order in which they are approved by theCity. General Scope ofServices: Appraisals are tobe prepared consistent with theUniform Standards ofProfessional Appraisal Practice USPAP). Professional will assure that the appraisal isrelevant to its program needs, reflect established and commonly accepted appraisal practice, and as aminimum, complies with the definition of appraisal in 24.2(a)(3) and thefive following requirements: i. An adequate description of thephysical characteristics of the property being appraised (and, in the case of a partial acquisition, an adequate description of the remaining property), including items identified as personal property, a statement of the known and observed encumbrances, ifany, title information, location, zoning, present use, an analysis of highest and best use, and at least a5-year sales history of the property. ii. All relevant and reliable approaches to value consistent with established appraisal practices. Ifthe appraiser uses more than one approach, there shall bean analysis and reconciliation of approaches to value used that issufficient tosupport the appraiser'sopinion ofvalue. iii. A description of comparable sales, including adescription of all relevant physical, legal, and economic factors such as parties to the transaction, source and method of financing, and verification by aparty involved in the transaction. iv. Astatement of the value of the real property to be acquired and, for apartial acquisition, a statement of the value of the damages and benefits, if any, to the remaining real property, where appropriate. v. The effective date of valuation, date of appraisal, signature, and certification of the appraiser. The appraiser shall disregard any decrease orincrease in the fair market value of the real property caused by the project forwhich the property isto be acquired, or by the likelihood that the property would be acquired for the project, other than that due to physical deterioration within the reasonable control of the owner. Ifthe owner of areal property improvement ispermitted toretain itfor removal from the project site, the amount tobe offered for the interest in the real property tobe acquired shall be not less than the difference between the amount determined tobe just compensation for the owner'sentire interest inthe real property and the salvage value of the retained improvement. 1/29/2025 CRE CONSULTING LLC PENDLETON, IN 46064 - 115398 6271 W CONGRESS DR City of Carmel ONE CIVIC SQUARE CARMEL, INDIANA 46032-2584 FORM APPROVED BY STATE BOARD OF ACCOUNTS FOR CITY OF CARMEL - 1997 INDIANA RETAIL TAX EXEMPT CERTIFICATE NO. 003120155 002 0 FEDERAL EXCISE TAX EXEMPT 35-6000972 PURCHASE ORDER NUMBER THIS NUMBER MUST APPEAR ON INVOICES, A/P VOUCHER, DELIVERY MEMO, PACKING SLIPS, SHIPPING LABELS AND ANY CORRESPONDENCE PURCHASE ORDER DATE DATE REQUIRED REQUISITION NO. VENDOR NO. DESCRIPTION VENDOR SHIP TO PURCHASE ID BLANKET CONTRACT PAYMENT TERMS FREIGHT EXTENSION New Professional Services Agreement 12/18/24 - ASA 1 City Engineering's Office 1 Civic Square Carmel, IN 46032- 377544 UNITPRICEDESCRIPTIONUNITOFMEASUREQUANTITY Page 1 of 1 Laurie Slick 96978 2200Department:0Fund:2024 Bond 44-628.71Account: ASA 1 - 24-ENG-01 - Appraisal Services for 136th St & Ironwood RAB 1 $4,900.00 $4,900.00Each 4,900.00SubTotal 4,900.00 Send Invoice To: PLEASE INVOICE IN DUPLICATE DEPARTMENT ACCOUNT PROJECT PROJECT ACCOUNT AMOUNT SHIPPING INSTRUCTIONS SHIP PREPAID. C.O.D. SHIPMENT CANNOT BE ACCEPTED. PURCHASE ORDER NUMBER MUST APPEAR ON ALL SHIPPING LABEL AND ACTS AMENDATORY THEREOF AND SUPPLEMENT THERETO. THIS ORDER ISSUED IN COMPLIANCE WITH CHAPTER 99, ACTS 1945 PAYMENT A/P VOUCHER CANNOT BE APPROVED FOR PAYMENT UNLESS THE P.O. NUMBER IS MADE A PART OF THE VOUCHER AND EVERY INVOICE AND VOUCHER HAS THE PROPER SWORN AFFIDAVIT ATTACHED. I HEREBY CERTIFY THAT THERE IS AN UNOBLIGATED BALANCE IN THIS APPROPRIATION SUFFICIENT TO PAY FOR THE ABOVE ORDER. CONTROL NO. 115398 ORDERED BY TITLE City Engineering's Office 1 Civic Square Laurie Slick Carmel, IN 46032- Jeremy Kashman Chief Infrastructure Officer