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HomeMy WebLinkAboutAppraisal - Terzo & Bologna - 10-19-05OCT -11 -2005 TUE 11 40 AM TERZO & BOLOGNA INC. FAX NO 317 849 9978 DESCRIPTION OF PROPERTY AND SCOPE OF ASSIGNMENT (0312) P, 03 "'Ltd 6- PAK Ascii This summary details the Consultant's understanding of the Property as described at the onset of the assignment and sets forth the agreed upon scope of work upon which the time and fee estimates are based. Consultant reserves the right to modify the fee or timing of report delivery in the event the Property description proves to be inaccurate, or the scope of work changes to the extent that any inaccuracy or change affects the amount of work to be performed or the cost of providing the service to the Client. Date: October 11, 2005 Consultant: Terzo 6r Bologna, Inc. 8606 Allisonville Road, Suite 205 Indianapolis, IN 46250 Telephone. (317) 849 -9925 Fax: (317) 849-9978 mail: kihSterzo.com Property: Scope of Work: Fee: Anticipated Delivery: # Report Copies: MAI to Sign: Accepted and agreed to by: Client: Mr. Les S. Olds Director of Redevelopment Cannel Redevelopment Commission One Civic Square Carmel, IN 46032 Telephone: (317) 571 -2492 Fax: (317) 571 -2426 Land Valuation -1.113 Acres 251 & 261 Second Street SW Carmel, Indiana Complete self- contained appraisal (Value the site as -if vacant, available for development, and rezoned for commercial use via the Sales Comparison Approach) $1,800 On or before 10/19/2005 Four Yes lERZO&BOLOGNA INC. Reid Bette Cou xelotx and Apptiiwirx /0 is os- Date a /jt /O. (;[� 0rnt-